A model of the Riva development, of which recent sales of the flats were strong after Sun Hung Kai Properties cut prices. Photo: Reuters

Hong Kong developers' profit margins squeezed

Falling home prices, rising construction costs and high land premiums being blamed for expected plunge in developers' earnings

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A model of the Riva development, of which recent sales of the flats were strong after Sun Hung Kai Properties cut prices. Photo: Reuters
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