Surveyors say presales at Pak Shing Kok residential project could begin in 2028
New World Development and China Merchants Land broke ground recently on a joint residential project in Pak Shing Kok, Tseung Kwan O, with presales expected to begin as early as 2028, when surveyors say pricing pressure may have eased.
James KT Cheung, executive director of the valuation department at Centaline Surveyors, said property prices remain lower than they were in 2022, when the consortium won the project.
“If property prices can recover to 2022 levels by the time the Pak Shing Kok...
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