Home sales in Hong Kong's secondary market last month and this month are expected to total at least 18,000 units, a survey says. The Midland Realty survey says the number of completed deals in the second-hand residential market was 15,821 between April 1 and May 21, compared with 15,366 deals logged in the entire first quarter. 'The second quarter to next month will likely exceed the previous high set in the third quarter last year,' said Buggle Lau Ka-fai, the chief analyst at Midland. The value of the transactions was HK$46.27 billion, up 11 per cent from HK$41.63 billion in the first quarter. Separately, Hong Kong Property Services said the number of transactions in the primary residential market rose 50.76 per cent to 2,162 for the month to last Thursday, the highest since March last year. Of those deals, 54 per cent were for units selling at below HK$3 million. Buyers had spent about HK$9 billion on new units so far this month, said Richard Lee Chi-shing, the chief executive at Hong Kong Property Services. Despite the strong buying interest, Henderson Land Development has only sold about one-third of its new residential project, 8 Royal Green, in Sheung Shui since it was launched for sale last Friday. Henderson said on Saturday it had generated about HK$300 million from the sale of 110 units at an average price of HK$3,700 per square foot. The project has 362 units in a single block. The developer aimed to sell 180 units this round, and the remaining units would be released in the later part of the year. Only about 50 units were sold over the weekend in 10 major housing estates monitored by Midland, which director Sammy Po Siu-ming said was because of the rainstorms.