Residential property deals have staged a recovery this month compared to January, with double the number of sales expected to be logged this month, property agents said.
More than 7,000 residential transactions were forecast for this month, with most of the activity taking place in the second-hand market, they said.
The exact tally will not be known until government figures are released in a few weeks' time.
Much of the buying activity had focused on flats valued at between $1 million and $3 million, the agents said.
A spokesman for Midland Realty said the 7,000 sales figure would be augmented by the sale of new flats launched during the month.
This includes the forthcoming sale of new flats by Sun Hung Kai Properties (SHKP) and Sino Land.
