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Hong Kong developers find few takers for flats on sale as buyers await budget stimulus

SCMP LogoSCMP5h ago

Hong Kong developers find few takers for flats on sale as buyers await budget stimulus - SCMP

Quick Summary:

Only five of the 136 flats at Pano Harbour sold as of 5pm, and five units out of 20 at State Pavilia.

He expected home sales to reach 2,200 this month and 2,000 in March.

On Saturday, Kerry Properties sold all 250 flats offered in its Hava project in Yuen Long.


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Hong Kong developers find few takers for flats on sale as buyers await budget stimulus - SCMP (Picture 1)

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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-23 @ 17:51:24 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 189 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26345279

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 6 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 5 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "Hong Kong developers find few takers for flats on sale as buyers await budget stimulus" has 189 words across 7 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Hong Kong developers find few takers for flats on sale as buyers await budget stimulus" was covered 5 hours ago by SCMP, a news publisher based in Hong Kong.

How trustworthy is 'SCMP' news outlet?

SCMP is a fully independent (privately-owned) news outlet established in 1903 that covers mostly business news.

The outlet is headquartered in Hong Kong and publishes an average of 6 news stories per day.

It's most recent story was published 5 hours ago.

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  • News ID: #26345279
  • URL: https://chronographically.beamstart.com/news/hong-kong-developers-find-few-17403044168037

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