Wheelock’s Marini development, in Yellow, in Lohas Park. Photo: Martin ChanWheelock’s Marini development, in Yellow, in Lohas Park. Photo: Martin Chan
Wheelock’s Marini development, in Yellow, in Lohas Park. Photo: Martin Chan

Hong Kong developer Wheelock cuts price of new project, sparks fears of faster-than-expected correction in property market

  • Company prices Tseung Kwan O project 8 per cent below properties sold in the area just two months ago
  • Social unrest has had ‘a significant impact’ on market, chairman says

Topic |   Hong Kong property
Wheelock’s Marini development, in Yellow, in Lohas Park. Photo: Martin ChanWheelock’s Marini development, in Yellow, in Lohas Park. Photo: Martin Chan
Wheelock’s Marini development, in Yellow, in Lohas Park. Photo: Martin Chan
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