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

Hong Kong developers' profit margins squeezed

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

Sandy Li
Sandy Li

Updated: 2:37am, 7 Mar, 2014

Why you can trust SCMP
A model of the Riva development, of which recent sales of the flats were strong after Sun Hung Kai Properties cut prices. Photo: Reuters
A model of the Riva development, of which recent sales of the flats were strong after Sun Hung Kai Properties cut prices. Photo: Reuters
READ FULL ARTICLE