UPDATE 1-Spike in some Hong Kong flat sales raises fraud suspicions
A jump in the number of Hong
Kong flats selling for exactly HK$10 million ($1.3 million) in
recent months has raised suspicions about potential fraud,
following a relaxation of mortgage rules for properties sold at
that price.
Kong flats selling for exactly HK$10 million ($1.3 million) in
recent months has raised suspicions about potential fraud,
following a relaxation of mortgage rules for properties sold at
that price.
Posted by Reuters
