Despite the reduction of VAT incentive to 50% which will effectively affect sales of ready stock units, developers are expected to remain active in launching new products in response to the steadily improved demand. With the market optimism and the government’s various incentives to boost demand, developers will continue offering a range of promotional strategies to drive sales throughout 2024
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services.
It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit cushmanwakefield.com.
