Business & Investment

Hong Kong developers offer 300 homes at a 50% discount on market prices Reuters

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Hong Kong (Reuters)-New World Development, a Hong Kong real estate developer, announced on Monday that it will sell 300 new homes at a discount of about 50% on market prices in the city’s first subsidized private housing project. bottom.

Newworld said it will require a down payment of only 5% of the unit price as part of a move to offer more affordable housing in one of the world’s most expensive real estate markets.

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Hong Kong developers offer 300 homes at a 50% discount on market prices Reuters

https://www.investing.com/news/stock-market-news/hong-kong-developer-to-offer-300-homes-at-50-discount-to-market-price-2700646 Hong Kong developers offer 300 homes at a 50% discount on market prices Reuters

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