Hong Kong developers will speed up the sale of luxury projects next year, amid rising competition for buyers, Centaline says. Photo: May TseHong Kong developers will speed up the sale of luxury projects next year, amid rising competition for buyers, Centaline says. Photo: May Tse
Hong Kong developers will speed up the sale of luxury projects next year, amid rising competition for buyers, Centaline says. Photo: May Tse

Sales of luxury Hong Kong homes plunge to three-year low, with ‘cashed-up’ buyers not in the mood for big-ticket purchases

  • Overall sales of homes costing HK$20 million or more fell 34 per cent from January to November year on year
  • Cashed-up purchasers have the financial ability, but they are just not in the mood to buy in the current market conditions, agent says
Topic |   Hong Kong property
Hong Kong developers will speed up the sale of luxury projects next year, amid rising competition for buyers, Centaline says. Photo: May TseHong Kong developers will speed up the sale of luxury projects next year, amid rising competition for buyers, Centaline says. Photo: May Tse
Hong Kong developers will speed up the sale of luxury projects next year, amid rising competition for buyers, Centaline says. Photo: May Tse
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