The T-Plus development, a joint venture between Jiayuan International and Stan Group, attracted scores of buyers after releasing an updated price list with significant discounts on Sunday. Photo: Edward Wong
The T-Plus development, a joint venture between Jiayuan International and Stan Group, attracted scores of buyers after releasing an updated price list with significant discounts on Sunday. Photo: Edward Wong

Developer of some of Hong Kong’s smallest abodes may have sold at a loss just to clear the flats off its books to avoid vacancy tax

  • Jiayuan International Group cut prices of more than 300 units at the T-Plus development, pricing them close to what it would have paid to buy into the building

The T-Plus development, a joint venture between Jiayuan International and Stan Group, attracted scores of buyers after releasing an updated price list with significant discounts on Sunday. Photo: Edward Wong
The T-Plus development, a joint venture between Jiayuan International and Stan Group, attracted scores of buyers after releasing an updated price list with significant discounts on Sunday. Photo: Edward Wong
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