You are here

HK's Hang Lung may not release any units this year as prices dip

Friday, January 29, 2016 - 05:50

Mr Chan says he is under no pressure to sell as his company has less than one per cent net debt.

Hong Kong

HANG Lung Properties chairman Ronnie Chan said there is a possibility that the developer won't release any properties for sale in Hong Kong this year as housing prices continue to drop.

With residential property prices predicted to fall by as much as 20 per cent this year

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom