In the first six months total sales of new flats fell 24.7 per cent to 6,458 deals from the previous half, according to government data. Photo: Xiaomei ChenIn the first six months total sales of new flats fell 24.7 per cent to 6,458 deals from the previous half, according to government data. Photo: Xiaomei Chen
In the first six months total sales of new flats fell 24.7 per cent to 6,458 deals from the previous half, according to government data. Photo: Xiaomei Chen

Hong Kong property deals expected to fall 10 per cent in August, with second-hand home sales plunging by a fifth, as Covid-19 risk rattles buyers, sellers

  • Social-distancing measures and fear of infection have prevented buyers from viewing used homes on the market, say agents
  • Home prices, however, are unlikely to drop significantly as interest rates remain low, says Eric Tso of mReferral

Topic |   Hong Kong property
In the first six months total sales of new flats fell 24.7 per cent to 6,458 deals from the previous half, according to government data. Photo: Xiaomei ChenIn the first six months total sales of new flats fell 24.7 per cent to 6,458 deals from the previous half, according to government data. Photo: Xiaomei Chen
In the first six months total sales of new flats fell 24.7 per cent to 6,458 deals from the previous half, according to government data. Photo: Xiaomei Chen
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