Hong Kong Property Transactions Reach Near 3-Year High Amid Scrapping of Cooling Measures
Friday, 3 May 2024, 10:30
Analysis
The property market in Hong Kong saw a surge in transactions, with an increase in buying demand, reaching close to a three-year high.
Key Findings:
- 9,880 units changed hands in April.
- Scrapping of cooling measures boosted demand.
This surge signifies a strong rebound in the market and reflects the positive impact of the removal of cooling measures. Investors are showing renewed confidence in the Hong Kong property sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.