The total transaction value of the luxury flats sold in August was 45 per cent less than in February. Photo: Felix WongThe total transaction value of the luxury flats sold in August was 45 per cent less than in February. Photo: Felix Wong
The total transaction value of the luxury flats sold in August was 45 per cent less than in February. Photo: Felix Wong

Luxury flats still a big draw for developers

Despite cooling measures hitting demand, big profit margins mean construction of high-end flats is still popular among some developers

The total transaction value of the luxury flats sold in August was 45 per cent less than in February. Photo: Felix WongThe total transaction value of the luxury flats sold in August was 45 per cent less than in February. Photo: Felix Wong
The total transaction value of the luxury flats sold in August was 45 per cent less than in February. Photo: Felix Wong
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