The recent sales of new property in Hong Kong have been less than impressive. Photo: Reuters

Lacklustre Hong Kong new home sales could be boosted by US Federal Reserve interest rate cut

  • Sales of new homes could rise by about 4 per cent, Midland Realty’s Sammy Po says
  • Definite positive for homeowners, as mortgage costs will drop, mReferral Mortgage Brokerage Services’ Sharmaine Lau says
Topic |   Hong Kong property

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The recent sales of new property in Hong Kong have been less than impressive. Photo: Reuters
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Hong Kong’s property sector continued to attract massive investments from buyers in the January to May period. Photo: Dickson Lee

Hong Kong property deals jump to 22-year high as investors spend US$43.8b in first five months of 2019, but outlook cloudy

  • Investments on new flats rose to HK$121.8 billion in the first five months, up 47.6 per cent from the same period in 2018
  • Persisting trade war could adversely impact city’s property sector
Topic |   Hong Kong property

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Hong Kong’s property sector continued to attract massive investments from buyers in the January to May period. Photo: Dickson Lee
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