Henderson to Introduce 7,100 New Homes Following Market Stabilization

Thursday, 21 March 2024, 13:38

Henderson, the developer of Belgravia Place, is set to unveil 7,100 new homes this year, signaling a more stable Hong Kong property market. This comes as a slight decrease from the previous year's offerings, with the company reporting consistent underlying profit of US$1.2 billion in the past year.
https://store.livarava.com/86af9e2a-e788-11ee-968f-5254a2021b2b.jpe
Henderson to Introduce 7,100 New Homes Following Market Stabilization

Henderson Plans to Launch 7,100 New Homes

The developer of Belgravia Place, Henderson, has announced its intention to introduce 7,100 new homes this year, marking a positive development in the Hong Kong property market. This number reflects a modest decline compared to last year's units.

Market Stabilization and Profit Overview

The firm emphasized that the market has shown signs of stability. Henderson reported flat underlying profit of US$1.2 billion, indicating a steady financial performance amidst market variations.


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.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe