With unsold stock of between 16,000 and 18,000 units, and new supply in the pipeline, about 45,000 new flats are likely to become available this year, says CBRE, roughly four times the number that sold in 2022.
Source : South China Morning Post
Read more…Hong Kong developers likely to offer incentives to lure buyers as they brace for glut of new units in 2023, says CBRE
