Why Hong Kong developers aren't slowing down in new launches

Will buyers bite their offers?

According to Barclays, Hong Kong developers are showing no signs of slowing the pace of launches. 

After SHKP’s Imperial Kennedy and Sino Land’s Park Metropolitan, launches are likely to shift to large-scale developments, such as Nan Fung’s The Visionary in Tung Chung (1,419 units) and Sino/Hopewell’s The Avenue II in Wan Chai (1,096 units).

Here's more from Barclays:

Beside the private supply, we believe potential homebuyers will also be drawn to the Hong Kong Housing Society’s Harmony Place in Shau Kei Wan, especially considering its launch price of HK$13,838psf.

With other large-scale projects, such as Cheung Kong’s Lohas Park III, still to come, we believe developers will focus more on volumes than margins.