On Saturday morning in Admiralty on the fringes of Hong Kong’s central business district, prospective home buyers crowded the sales center for One Eighty, brochures and checkbooks in hand.
Within a few hours, developer Three Tops (HK) Ltd had offloaded almost three-quarters of the 53 mainly one-bedroom units on offer, helping to push sales of new apartments over the weekend to the most since late August.
The demand -- even after months of anti-government protests that have tipped Hong Kong’s economy into recession -- is testimony to the strength of the city’s real estate sector. Embattled Chief Executive Carrie Lam last month