Property News · January 31, 2018

US$7.22 billion worth of Hong Kong property sold so far this year


Buyers and investors splashed out more than HK$56.42 billion (US$7.22 billion) on flats, shops, industrial units and car parking spaces in the first 26 days of 2018 – which will be the highest single monthly figure since 2015.
The bull run in Hong Kong’s housing market – fuelled by a stock rally and strong outcomes of government land sales – has propelled home prices at some major housing estates to levels never seen before.
“People do not want to keep cash. They…

Source : South China Morning Post
Read more…US.22 billion worth of Hong Kong property sold so far this year