The construction site of Grand Mayfair I, where units have been priced 12 per cent below a comparable project launched in December. Photo: Sam Tsang
Sino Land, Wheelock unleash cheaper flats to boost sales as Hong Kong emerges from ‘lost months’ of strict Covid-19 measures
- ‘Developers lost the first three months of property sales, so their primary goal is to speed up sales,’ says Vincent Cheung, of Vincorn Consulting and Appraisal
- Sino and Wheelock both priced hundreds of new flats roughly 12 per cent below comparable projects launched last year
The construction site of Grand Mayfair I, where units have been priced 12 per cent below a comparable project launched in December. Photo: Sam Tsang
