Hong Kong developers launch new homes amid muted price forecasts

Sun Hung Kai Properties released prices for 120 units at Garden Regency on Tuesday while Wheelock Properties prepares its Park Silicon project.

Sun Hung Kai Properties released the price list for 120 units at Garden Regency in Kam Tin North. The flats range from 289 to 412 square feet and are priced between HK$3.93 million and HK$5.88 million with discounts up to 16 per cent. The three-tower project will eventually offer 566 units with one to four bedrooms.

Wheelock Properties is set to launch the first batch of units at Park Silicon in Kwu Tung North. The two-phase development will contain 781 flats in total with layouts from one to three bedrooms.

Several major developers including these two are preparing additional releases this month as price growth is forecast to slow.

ተያያዥ ጽሁፎች

Hong Kong developers have priced new units 7 to 36 per cent higher than before as demand firms up.

በAI የተዘገበ

Continuing the sell-out streak from recent weeks, Hong Kong homebuyers snapped up new flats on Thursday, April 30. All 120 units at One Victoria Cove I sold out by late afternoon, while Pavilia Farm III—building on prior batches—sold 19 of 45 units by 6:50pm. Developers are ramping up construction amid strong demand.

Hong Kong property management leaders say companies face up to a 25% security staff shortfall, defending a major housing estate's hiring of a third of its guards from mainland China. Richland Gardens owners' corporation announced the recruitment of 31 guards via a government labour scheme, drawing criticism from a labour lawmaker and social media users.

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Hong Kong has launched a new solar farm on restored landfill in Tseung Kwan O. The facility, developed by Veolia, Sun Hung Kai Properties and Citic Pacific, is the largest of its kind in the city.

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የእኛን ጣቢያ ለማሻሻል ለትንታኔ ኩኪዎችን እንጠቀማለን። የእኛን የሚስጥር ፖሊሲ አንብቡ የሚስጥር ፖሊሲ ለተጨማሪ መረጃ።
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