Wang On Developer Offers Quarry Bay Units at Unprecedented Low Prices
Wang On Development's Quarry Bay Offering
Wang On Development has surprised the market by pricing the first 30 units in their new Quarry Bay project at a 3-year low. The units are offered at a 32% discount compared to the initial pricing of similar properties like Henderson Land’s The Holborn launched in 2021.
Market Context
This strategic decision may indicate ongoing challenges in the Hong Kong property market, prompting developers to reassess their pricing structures.
Conclusion
With the competitive pricing of the Quarry Bay project, buyers and investors might see this as an opportune point to enter the market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.