Hong Kong developers are likely to flood the market with more than 9,000 homes – nearly half the government’s annual target – as they look to cash in on the rising prices. But analysts say increases could be dampened as builders woo buyers with hefty discounts.Derek Chan, head of research at Ricacorp Properties, said that he expects developers to speed up their sales plans to take advantage of the recovering appetite. “However, to win over buyers amid the likely fierce competition, developers…
Source : South China Morning Post
Read more…Hong Kong developers to flood market with more than 9,000 homes in second quarter amid improving sentiment















