Kerry Properties is offering 24 units of Primrose Hill, its residential project in Tsuen Wan, at a discount of more than 15% to its asking price in order to attract buyers.

The developer will kick off sales of the first batch at an average of HK$5,062 per square foot, down from the about HK$6,000 it was asking for last week. The cheapest flat on offer is a 693 sqft unit on the 21st floor with a price tag of HK$3.3 million, or HK$4,763 per square foot.

South China Morning Post