Potential buyers queue for Evergrande Group’s Emerald Bay project in Tuen Mun at the developer’s Wan Chai sales office on October 28, 2019. Photo: May Tse Potential buyers queue for Evergrande Group’s Emerald Bay project in Tuen Mun at the developer’s Wan Chai sales office on October 28, 2019. Photo: May Tse
Potential buyers queue for Evergrande Group’s Emerald Bay project in Tuen Mun at the developer’s Wan Chai sales office on October 28, 2019. Photo: May Tse

Evergrande slashes property prices by 30 per cent across China for one month, sounding clarion call on discount war

  • Evergrande will offer 30 per cent across-the-board discounts for every property project sold in China starting on September 7
  • The developer aims to sell 200 billion yuan (US$29 billion) of property during the month-long marketing campaign

Topic |   China property
Potential buyers queue for Evergrande Group’s Emerald Bay project in Tuen Mun at the developer’s Wan Chai sales office on October 28, 2019. Photo: May Tse Potential buyers queue for Evergrande Group’s Emerald Bay project in Tuen Mun at the developer’s Wan Chai sales office on October 28, 2019. Photo: May Tse
Potential buyers queue for Evergrande Group’s Emerald Bay project in Tuen Mun at the developer’s Wan Chai sales office on October 28, 2019. Photo: May Tse
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