Hong Kong Property on the Brink as Developers Offer Stealthy Price Cuts

  • Cheung Kong, Henderson Land among developers offering rebates
  • Developers making mortgages available with 10% deposits

Hong Kong Developers Entice Buyers With Price Cuts

Kowloon Development Co.’s Upper East project in Hong Kong’s Hung Hom area is offering a raft of rebates and hidden discounts that can reduce the cost to a buyer as much as 14 percent, and it will throw in a second mortgage too.

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