The company cut prices at a luxury development in the city's industrial Lai Chi Kok district this month and offered to rebate on the stamp duty.

WSJ: Big Players Cash Out of Hong Kong Property

Founded earlier this year, Bonham Strand today runs a brightly lit, 2, 000-square foot studio workshop in Lai Chi Kok, where a dozen tailors work at long desks, surrounded by clothes racks and fabric samples.

WSJ: Reshaping Hong Kong's Fading Tailoring Industry