The Monterey residential development in Tseung Kwan O, where Wheelock Properties is offering flexible payment plans. Photo: Martin Chan/SCMP
The Monterey residential development in Tseung Kwan O, where Wheelock Properties is offering flexible payment plans. Photo: Martin Chan/SCMP

Hong Kong builders come up with flexible payment plans to woo buyers as sales come to a halt

  • Wheelock Properties offers deferred payment plans for flats in five of its developments in the city
  • Analysts expect developers to start cutting prices of new projects when market slows down even further

The Monterey residential development in Tseung Kwan O, where Wheelock Properties is offering flexible payment plans. Photo: Martin Chan/SCMP
The Monterey residential development in Tseung Kwan O, where Wheelock Properties is offering flexible payment plans. Photo: Martin Chan/SCMP
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