Property News · August 7, 2017

Used property sales at 10 major private estates hit 16-month low


While small new flats are selling like hot cakes, second-hand, or used, property transactions at 10 major private estates in July in Hong Kong hit a 16-month low, after a three-month slide, according to property agent Centaline.
Only 120 second-hand transactions were recorded in July among 10 major ‘blue-chip’ private estates, down 40 per cent from 199 in June, the lowest since March 2016, which recorded 118 cases, said Wong Leung-sing, associate director of research at Centaline….

Source : South China Morning Post
Read more…Used property sales at 10 major private estates hit 16-month low

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