Transaction numbers for new private flatsin Hong Kong fell almost 60 per cent month on month in July, according to figures from the Land Registry.
Hong Kong Property chief executive Lee Chi-shing said the lack of new large-scale property projects in June was the reason behind the lower number and volume of transactions in July.
Hong Kong home prices rise for 15th straight month to a record, but at a slower pace
Land Registry data showed the number of new private flat transactions plummeted 58.9…
Source : South China Morning Post
Read more…Hong Kong’s new private flat transactions in July see steep fall amid lack of large scale projects















