Henderson Land Development expects to sell HK$10bn worth of residential units as it forecasts a 15% rise in property prices in the Year of the Tiger.

Thomas Lam, the general manager of Henderson Land's sales department, said the developer plans to release 700 units, each worth more than HK$10m, in a bid to generate HK$10bn in sales revenue.

Last year, the developer sold 1,200 units for a total of HK$10.1bn.

South China Morning Post