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Property prices are down, developers to face a tough 2024

Funding costs rise in Hongkong where house prices expected to continue falling

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Hong Kong developers likely to offer incentives to lure buyers as they brace for glut of new units in 2023, says CBRE

With unsold stock of between 16,000 and 18,000 units, and new supply in the pipeline, about 45,000 new flats are likely to become available this year, says CBRE, roughly four times the number that sold in 2022.

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Hong Kong developers likely to declare higher dividends this year amid healthier liquidity , S&P report says

Twelve developers are forecast to pay out a combined US$25.2 billion, an increase of 13.3 per cent from a year ago, says a report by S&P.

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