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Hong Kong developers set to accelerate sales of new projects

Posted on 20 September 2011

Hong Kong developers may have to accelerate sales of new housing projects even as buying sentiment wanes amid the global equity rout and as the city intensifies efforts to curb property prices.
Builders including Cheung Kong (Holdings) Ltd. and Sun Hung Kai Properties Ltd. may begin selling new projects including the La Splendeur and The Wings in the Tseung Kwan O district in the city’s northeast this month, according to Wong Leung-sing, a research director at Centaline Property Agency Ltd……………………………………….Full Article: Source


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