Property News · July 4, 2018

Eager buyers lift Hong Kong property transactions to US$51.4b in the first half, but falls short of record


Property sales in Hong Kong touched HK$403.7 billion (US$51.4 billion) in the first half of 2018 – falling short of the record HK$483.58 billion clocked in the same period in 1997 – as rising prices forced buyers waiting on the sidelines to jump in, according to Midland Realty.
The total number of transactions, including flats, offices and car parks, recorded until the end of June was 46,875, 14.5 per cent higher than the second half of 2017. June alone saw 9,252 deals worth HK$80.8…

Source : South China Morning Post
Read more…Eager buyers lift Hong Kong property transactions to US.4b in the first half, but falls short of record

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