Private flat construction starts have slowed in Hong Kong in the first nine months of the year, despite the rise in home prices. Photo: Martin Chan

New flat construction in Hong Kong slumps in first nine months, but prices seen remaining steady

Housing starts are less than half of the 25,500 units built in 2016, but analysts said that with the government planning to release more land, prices will not rise abruptly

Topic |   Hong Kong property

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Private flat construction starts have slowed in Hong Kong in the first nine months of the year, despite the rise in home prices. Photo: Martin Chan
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