Some Hong Kong developers are dangling more discounts to attract buyers in the first few home launches since the coronavirus outbreak. The reception in the coming weeks could signal if the market has further room to slide.China Evergrande widened the discount at its Emerald Bay project in Tuen Mun on Saturday to 14 per cent from its list price, plus a HK$20,000 rebate. That is up from 11 per cent at the launch of the same project last year. Buyers took up only 49 of the 141 flats on offer…
Source : South China Morning Post
Read more…Hong Kong developers dangle discounts to whet appetite in market cratering from coronavirus outbreak, protests















