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Homebuyers snapping up flats because of discounts, market has too much stock for price increases, analysts warn Hong Kong developers

Hongkongers are less willing to buy homes amid price increases at new launches by developers, analysts said after Great Eagle Holdings announced a new higher price list for another 150 units at its Onmantin project on Monday.

影片: HK developers continue to launch new projects | HK Weekend Property Market Recap

Squarefoot 影片: HK developers continue to launch new projects | HK Weekend Property Market Recap

Developers bite at secondary sales

Melody Chen Ten major housing estates saw just eight deals, the least in about eight months amid pressure from more launches by developers a.

Hong Kong's homebuyers set aside high-rate concerns as they snap up Wheelock's Park Seasons flats after discounts

Some analysts have expressed concern that buyers may hesitate to purchase homes should the rate cut not materialise this year.

Hong Kong new home sales hit 11-year high after property curbs removed