The number of transactions at 50 major housing estates, tracked by Ricacorp Properties, stayed above 100 for a fourth consecutive week. Photo: Martin Chan
Sales of used homes in Hong Kong gain momentum as owners slash prices
- The number of transactions at 50 major private housing estates hit a 40-week high of 138 in the week ended February 3, according to Ricacorp Properties
- Total sales of all types of property that changed hands in January marked a six-month high of HK$70.53 billion, up 63.8 per cent from December
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Hong Kong property
The number of transactions at 50 major housing estates, tracked by Ricacorp Properties, stayed above 100 for a fourth consecutive week. Photo: Martin Chan