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Hong Kong Property Expects Jun Residential Property Registrations to Reach 6K
In May, mortgage rates fell and trade tensions eased, improving the atmosphere in Hong Kong's property market, Peter Wong, Director of the Research at Hong Kong Property, said....
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Hong Kong Property Expects Jun Residential Property Registrations to Reach 6K
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In May, mortgage rates fell and trade tensions eased, improving the atmosphere in Hong Kong's property market, Peter Wong, Director of the Research at Hong Kong Property, said.

Developers seized the opportunity to launch new projects, which saw strong sales, driving a MoM increase in registration volume for June, primarily reflecting May's market conditions.

According to the latest information of the Land Registry, 3,739 registrations of residential properties were recorded as of 17 June, up around 54.4% from 2,422 in the same period last month. Based on the current registration pace, it is estimated that the number of residential property registrations for June may challenge the 6,000 level.

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