An agent speaks to potential buyers at a Sun Hung Kai Properties event. Developers are feeling the strain of labour costs. Photo: Reuters

Developers in Singapore and on mainland also hit by falling margins

Rising land, construction material and labour costs are squeezing the earnings of developers in a market hard hit by government measures

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An agent speaks to potential buyers at a Sun Hung Kai Properties event. Developers are feeling the strain of labour costs. Photo: Reuters
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