Property News · November 8, 2018

Hong Kong builders come up with flexible payment plans to woo buyers as sales come to a halt


As Hong Kong’s property market takes a turn for the worse, some developers are coming up with novel payment schemes to offload flats amid fears sentiment could sour further.
On Wednesday, Wheelock Properties announced a deferred payment plan along with steep discounts across five of its developments – Monterey, Capri, Napa, One Homantin and Island Residence. The scheme is effective from November 17 up to the end of the year.
Hong Kong builders pay US$1 billion for first plot on…

Source : South China Morning Post
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