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