Potential buyers queue up to buy flats at the South Land property project near Wong Chuk Hang MTR station on May 15, 2021. Photo: Xiaomei Chen
Potential buyers queue up to buy flats at the South Land property project near Wong Chuk Hang MTR station on May 15, 2021. Photo: Xiaomei Chen

Hong Kong’s rising home prices, luxury flat sales pushed property deals to a two-year high at US$11.3 billion in May

  • Turnover rose 2.9 per cent month on month to HK$87.6 billion (US$11.3 billion) last month, the highest after HK$90.32 billion reached in May 2019
  • Centaline Property expects first-half turnover to reach an all-time high of HK$395 billion, surpassing the previous record set in the first half of 1997

Potential buyers queue up to buy flats at the South Land property project near Wong Chuk Hang MTR station on May 15, 2021. Photo: Xiaomei Chen
Potential buyers queue up to buy flats at the South Land property project near Wong Chuk Hang MTR station on May 15, 2021. Photo: Xiaomei Chen
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