US Exchange: Hong Kong's first-hand large-scale client transactions in the first 11 months increased by 4.9% year-on-year, focusing on mid- to low-priced properties.
According to the Wise Financial APP, Mei Lian Property analyst Kan Songqian pointed out that comprehensive data shows that a total of 560 first-hand large-scale transactions were recorded in Hong Kong in the first 11 months of this year, which is an increase of about 4.9% compared to the same period last year with 534 transactions. It is nearly 8.5 times higher than the same period in 2023, when only 59 transactions were made without the cooling measures being implemented; calculated in terms of units involved, a total of approximately 1,378 units were involved in first-hand large-scale transactions in the first 11 months of this year, an increase of about 1.5% from the same period last year, which is nearly 9.3 times higher than in 2023.
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