Developers in Hong Kong are incrementally raising prices for new homes, testing buyer demand amidst global uncertainties. Despite sold-out launches, price adjustments continue to be implemented.

Hong Kong developers are raising prices of new homes this week following sold-out launches in recent days, further testing the appetite of homebuyers amid geopolitical and interest rate uncertainties. Henderson Land Development put another 39 units at its Chester project in Hung Hom on sale on Monday, with 25 homes finding buyers as of 6.30pm, according to agents. With an average discounted price of HK$22,198 (US$2,831) per square foot, the units were priced 4.57 per cent higher than the 123...