A drop-off in investors has prompted a Chinese developer to offer $30,000 cash payments to entice buyers to a completed Parramatta apartment development.

Prominence Apartments at 7 Aird Street next door to Westfield Parramatta was completed recently, with 10 of the 41 apartments remaining unsold. The project was developed by Honghua Development, whose directors hail from China and Singapore.

Honghua Development paid $5.7 million for the 746-square-metre site in 2013.

Juicy deals are on offer from desperate developers.

To stimulate interest in the project, Harcourts real estate agent Ramez Riad offered as a one week incentive either a $30,000 cashback to buyers or that the developer would pay their stamp duty.

Mr Riad said offering the $30,000 incentive had helped sell four of the 10 apartments, which are priced from $800,000 to $920,000 for a two-bedroom, two-bathroom unit.