About 45,000 new flats are likely to become available this year, roughly four times the number that sold in 2022. Photo: Sam Tsang
About 45,000 new flats are likely to become available this year, roughly four times the number that sold in 2022. Photo: Sam Tsang

Hong Kong developers likely to offer incentives to lure buyers as they brace for glut of new units in 2023, says CBRE

  • About 45,000 new flats are likely to become available this year, says CBRE, roughly four times the number that sold in 2022
  • In an effort to offload them, developers may offer incentives such as attractive mortgage plans, says the property consultant

About 45,000 new flats are likely to become available this year, roughly four times the number that sold in 2022. Photo: Sam Tsang
About 45,000 new flats are likely to become available this year, roughly four times the number that sold in 2022. Photo: Sam Tsang
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