About 30 per cent of more than 5,500 new flats sold between January and March this year were sold through tender. Photo: Martin Chan
About 30 per cent of more than 5,500 new flats sold between January and March this year were sold through tender. Photo: Martin Chan

Hong Kong developers water down new guidelines on controversial sales through tender

  • The move comes just a week after the city’s biggest developer was prosecuted for breaching official rules around the tender process

About 30 per cent of more than 5,500 new flats sold between January and March this year were sold through tender. Photo: Martin Chan
About 30 per cent of more than 5,500 new flats sold between January and March this year were sold through tender. Photo: Martin Chan
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