Sunday, August 23, 2026
Privacy-First Edition
Back to NNN
Business

Hong Kong developers ready new home launches amid forecasts of muted price increases

SHKP released the price list for 120 units at its Garden Regency project in Kam Tin North in the New Territories on Tuesday

2-MIN READ2-MIN ListenCheryl ArcibalPublished: 7:00am, 13 Jul 2026Some of Hong Kong’s largest developers, including Sun Hung Kai Properties (SHKP) and Wheelock Properties, are set to release new units in residential projects this month amid an expected cooling of price increases.

SHKP, the city’s largest developer in terms of market capitalisation, released the price list for 120 units at its Garden Regency project in Kam Tin North in the New Territories on Tuesday.

With maximum discounts of 16 per cent, the flats, ranging between 289 sq ft and 412 sq ft in size, were priced from HK$3.93 million (US$501,000) to HK$5.88 million.

Garden Regency is a three-tower project with a total of 566 units with from one to four bedrooms.

Meanwhile, Wheelock Properties is poised to launch the first batch of units at its Park Silicon project in Kwu Tung North in the Northern Metropolis.

The project is divided into two phases with a total of 781 flats. Layouts range from one to three bedrooms, with two-bedroom units making up the majority.

Read original at South China Morning Post

The Perspectives

0 verified voices · Three viewpoints · Real discourse

Left
0
Be the first to share a left perspective
Center
0
Be the first to share a center perspective
Right
0
Be the first to share a right perspective

Related Stories