The overall number of transactions including residential, commercial and industrial properties marked an eight-month low of 7,400 in September. Photo: Sam Tsang
The overall number of transactions including residential, commercial and industrial properties marked an eight-month low of 7,400 in September. Photo: Sam Tsang

Hong Kong property deals set to plunge in October amid fears Beijing is tightening its grip on the housing market

  • Chinese officials overseeing the city’s affairs told local developers to use their influence to champion state interests, according to a recent Reuters report
  • The number of properties changing hands in October is likely to plunge by more than 20 per cent on the month, say analysts

Topic |   Hong Kong property
The overall number of transactions including residential, commercial and industrial properties marked an eight-month low of 7,400 in September. Photo: Sam Tsang
The overall number of transactions including residential, commercial and industrial properties marked an eight-month low of 7,400 in September. Photo: Sam Tsang
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