Wheelock fails to sell Koko Hills as Covid-19 keeps homebuyers away

Hong Kong’s property buyers stayed home over the weekend, handing Wheelock Properties the first sales slump in more than 12 months as a fresh outbreak of the coronavirus disease sent the market into an early recess three days before the Lunar New Year begins.Wheelock failed to find any buyer for the 96 apartments on offer at its Koko Hills project in Kwun Tong as of 7:30pm, sales agents said. The flats, leftovers from July 2020, were priced at HK$21,491 (US$2,758) per square foot on average…

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