A few potential buyers queue up for Longfor Group and KWG Group’s Upper Riverbank residential project coming up in Kai Tak, on Friday. Photo: Edmond So

Hong Kong developers scale back project launches, slow down construction as demand dries up due to coronavirus outbreak

  • Construction of new homes falls 77 per cent in the first quarter from the previous three-month period, government data shows
  • Few takers for Longfor Group and KWG Group’s Upper Riverbank project in Kai Tak, as only eight of the 72 flats are sold on Friday
Topic |   Hong Kong property
A few potential buyers queue up for Longfor Group and KWG Group’s Upper Riverbank residential project coming up in Kai Tak, on Friday. Photo: Edmond So
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