Hong Kong Developers Launch 1,300 Units Amid Rising Prices
Developers in Hong Kong are set to launch nearly 1,300 new housing units soon. These launches include price increases, which signals improving homebuying sentiment in the market.
Hong Kong developers are preparing to launch nearly 1,300 units in the coming days and weeks, with some edging up prices amid improving homebuying sentiment. On Sunday, 261 units at La Mirabelle I will be released, with average prices ranging from HK$15,335 (US$1,958) to HK$19,613 per square foot after discounts of up to 15 per cent, according to Sino Land, one of the project’s developers. The pricing marks a 1 per cent increase on the previous batch, which Sino said reflected the quality of the...