Construction in progress at Sun Hung Kai’s Wetland Seasons Park in Tin Shui Wai. Photo: Edmond SoConstruction in progress at Sun Hung Kai’s Wetland Seasons Park in Tin Shui Wai. Photo: Edmond So
Construction in progress at Sun Hung Kai’s Wetland Seasons Park in Tin Shui Wai. Photo: Edmond So

Hong Kong developers set to vie for buyers’ affection as a glut of new flats floods the market

  • A total of 32,120 new flats are likely to be launched this year, according to data from Centaline and Midland
  • Developers are likely to rush through sales of 5,120 unsold flats that have been completed since 2016 to avoid the proposed vacancy tax
Topic |   Hong Kong property
Construction in progress at Sun Hung Kai’s Wetland Seasons Park in Tin Shui Wai. Photo: Edmond SoConstruction in progress at Sun Hung Kai’s Wetland Seasons Park in Tin Shui Wai. Photo: Edmond So
Construction in progress at Sun Hung Kai’s Wetland Seasons Park in Tin Shui Wai. Photo: Edmond So
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