Yuen Long accounts for 36% of HKD 10 million villas in HK
March 03, 2017 - Yuen Long
According to market data, last year Yuen Long accounted for 36% of villas registrations (with value over HKD 10 million).
Currently the inventory in Yuen Long is over 8,000 units, 90% of them are having an age over 10 years, and there are only 290 units, or less than 4%, with an age less than 5 years, reflecting the supply shortage of new villa.
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