HONG KONG: Samsonite International sold shares at the bottom end of a revised price range
in its Hong Kong initial public offering (IPO), raising HK$9.
Of the nearly 100 houses on the market now, the median price currently fluctuates between $325,000 and $340,000, with more than 40 houses offered in the price range
On the West Side, the most common price range
for the sales of pre-war coops was $200,000-to-$300,000, the same as in 1999's first quarter.
Another important factor in the long-term recovery and in 1996 as well was that average pricing did not change very much even as activity spread to the higher price ranges