Henderson to Launch 7,100 New Homes Amid Optimism for Hong Kong Property Market Recovery

Thursday, 21 March 2024, 13:38

Henderson, the developer of Belgravia Place, plans to launch 7,100 new homes this year in Hong Kong, signaling optimism that the market has stabilized and recovery is on the horizon. This announcement comes as a slight decrease compared to the previous year's offerings. The firm reported steady underlying profit of US$1.2 billion in the last financial year, showing resilience in challenging market conditions.
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Henderson to Launch 7,100 New Homes Amid Optimism for Hong Kong Property Market Recovery

Henderson's Vision for Hong Kong Property Market

Henderson, the developer of Belgravia Place, aims to inject new life into the Hong Kong property market by launching 7,100 new homes this year, showcasing confidence in market stability.

Flat Underlying Profit

The firm reported a flat underlying profit of US$1.2 billion in the last financial year, demonstrating resilience and strategic financial management.

This marks a positive outlook for investors and homeowners, as Henderson believes that the market has 'bottomed out' and is 'stabilized.'


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.


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