Hong Kong property transactions sink to lowest level since April as third wave of coronavirus weighs on sentiment

• Overall transaction volume slumped 34.2 per cent month on month in August to HK$45.59 billion, the lowest since HK$38.35 billion in April
• One individual incurred a loss of HK$38 million (US$4.9 million) on the sale of a house in Wong Chuk Hang