More than 30 cities on the mainland have relaxed or removed restrictions on home-buyers since June. Photo: Reuters
More than 30 cities on the mainland have relaxed or removed restrictions on home-buyers since June. Photo: Reuters

Mainland developers set for price cuts to boost cash flow

Mainland developers are under pressure to sell at a loss to cope with a downturn that is worse than expected even as buying curbs are relaxed

More than 30 cities on the mainland have relaxed or removed restrictions on home-buyers since June. Photo: Reuters
More than 30 cities on the mainland have relaxed or removed restrictions on home-buyers since June. Photo: Reuters
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