Property News · September 11, 2018

Free rail tickets and occupation before full payment among goodies being offered by developers to speed up sales after vacancy tax hits home


Developers are coming up with more buyers’ sweeteners in an effort to offload completed Hong Kong residential projects since a tough new “vacancy tax” and other housing policies were unveiled at the end of June in an effort to raise supply.
The latest round of incentives include longer completion dates and payment periods, and the offer of expensive free holidays, to entice buyers to sign on the dotted line.
Chief Executive Carrie Lam Cheng Yuet-ngor said she hoped the new…

Source : South China Morning Post
Read more…Free rail tickets and occupation before full payment among goodies being offered by developers to speed up sales after vacancy tax hits home