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Transaction volume of top 10 housing estates increased significantly
Feb 7, 2023
Transaction volume of top 10 housing estates increased significantly Hong Kong
By   Internet
  • City News
  • Estate Sales
  • House Sales
  • House Transactions
Abstract: Last week, the Hong Kong Bank did not follow the US Federal Reserve in raising interest rates, coupled with full customs clearance, a number of positive factors for the property market, the turnover of the top 10 housing estates increased significantly.

According to the four major agencies, the number of transactions recorded over the past weekend (February 4 to February 5) ranged from 14 to 23, up by 1 to 9 cases week-on-week.

 

In the first-hand market, 63 transactions were recorded over the past weekend, up by more than 50% week-on-week.

 

Among them, the first transaction in over a year was recorded for a large 4-bedroom apartment of over 2,000 sq. ft. in Ho Man Tin Tin Tin Casting Phase 2 developed by SHKP, which was sold for about $86.09 million.

 

In addition, a remnant of 10 units of Cheung Kong's Oi Hoi Son in Sham Shui Po, with a price reduction of 11% to 16%, will go on sale this Friday (10 February).

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Transaction volume of top 10 housing estates increased significantly
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