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Hong Kong developer to offer 300 homes at 50% discount to market price -Breaking

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© Reuters.

HONG KONG, (Reuters) – New World Development in Hong Kong announced Monday that it would sell 300 homes for roughly half the price of the current market prices at the first city-subsidised private housing development.

New World announced that it would require only 5% down payment to make affordable housing available in one of the most exclusive property markets.

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