Hong Kong's major developers increased the prices of their new homes ahead of the city's budget address Wednesday, according to a Tuesday report by The Standard.
CK Asset's (HKG:1113) prices for a fifth batch of units for its Blue Coast II project in Wong Chuk Hang increased 2% to an average of HK$22,781 per square foot compared with the previous list, the report said.
Henderson Land Development's (HKG:0012) price list for its Eight Southpark project is 7% higher at an average of HK$18,652 per square foot compared with the previous list, the report said.
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