Property News · January 3, 2017

Hong Kong property set to become ‘buyer’s market’ in the first quarter


Competition among developers in Hong Kong is set to pick up with as many as 5,000 new flats ready for launch in the first quarter of 2017.
Sun Hung Kai Properties (SHKP) and China Overseas Land & Investment (Coli) are expected to kick off the sale of their new projects in Yuen Long and Kai Tak area with a combined 1,450 units shortly.
“Developers will accelerate their flat sales this year. They had deferred the marketing of new project launches after the government suddenly raised the…

Source : South China Morning Post
Read more…Hong Kong property set to become ‘buyer’s market’ in the first quarter