
Developers starting to speed up new launches due to pent-up demand
There have even been re-listings.
Developers have expedited new launches to meet pent-up demand from home-upgraders.
According to a research report from JLL, Hang Lung Properties, riding on improved buyer sentiment re-listed 225 units at The Harbourside in West Kowloon for sale.
Meanwhile, ff the 12 houses launched at Twelve Peaks on The Peak, House 12 was sold for HKD 412.6 million (HKD 109,424 per sq ft, saleable).
The report noted that this was at a 3% discount from the list price.