Chinachem Group is pricing some of its new flats at the Echo House residential project in Cheung Sha Wan at an eight-year low to attract buyers, suggesting recent government support measures have not been enough to engineer a housing market recovery.AdvertisementThe private developer will sell 50 of the 198 units there at HK$14,888 (US$1,917) per square foot on average after discounts, according to director of sales Helen Fung. That is the lowest in the district since Henderson Land sold its Park One project at HK$13,000 per sq ft in 2016. according to data compiled by Midland Realty.“Given that Echo House...