New projects launch at an average discount of 10% over last two months

Fall in Buyers’ Stamp Duty and Double Ad Risk analytics solutions Stamp Duty implies weakening housing demand.

Macroeconomics

Location strategy

Living and multifamily

Financial services

Authors

Yvonne Liu

Public Relations Director, Marketing Communications Hong Kong

Project	District	Minimum price per sq ft (1st price list)	% compared with secondary projects in the same precinct
NOVO LAND (Phase 1A)	Tuen Mun	HKD 12,187	-12.6%
ONE INNOVALE • Archway	Fanling	HKD 13,106	-7.0%
NOVO LAND (Phase 1B)	Tuen Mun	HKD 12,936	-7.2%
Larchwood	Mongkok	HKD 18,448	-12.4%
Miami Quay I	Kai Tak	HKD 20,339	-11.5%

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