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Hong Kong's two weekend days saw 16 new projects collectively sell 402 units, creating the highest figure in the past six weeks
Opinion Web News: On March 16, according to Hong Kong media reports, over the past weekend (March 14-15), 16 new property projects in Hong Kong sold a total of 402 units, a fourfold increase compared to the previous week, marking the highest transaction volume in nearly six weekends.
Among them, the first phase of the Pingling Cloud View project by Yongtai Properties sold 74% of units, with an additional 77 units launched at a discounted price ranging from HKD 3.684 million to HKD 6.979 million; Whampoa Jordan Yu Yi’s first release of 160 units was sold out on the same day, and subsequent units also saw transactions.
Data also shows that the secondary market is warming up simultaneously. Centaline Property’s top ten housing estates recorded 11 transactions, an 83.3% rebound from the previous weekend; Midland Realty’s data indicates that last weekend, about 12 transactions were recorded in Hong Kong’s top ten secondary estates, roughly doubling week-on-week.
Disclaimer: The content and data of this article are compiled by Opinion based on publicly available information and do not constitute investment advice. Please verify before use.