Hong Kong Property: 79 transactions of second-hand public housing units recorded this month, a decrease of over 10% compared to the previous month.

According to the information obtained by the Wisdom Financial APP, Director Wang Pindi of the Research Department of Hong Kong Real Estate stated that based on the comprehensive data from the Hong Kong Land Registry, a total of 79 transactions of second-hand public housing units (including Liberte Place, which has already paid for the land premium, and the Second Market, which has not paid for the land premium) have been registered so far this month (up to the 25th), a decrease of approximately 12.2% compared to the same period last month. Given that the time from signing the sales contract to submitting the registration to the Hong Kong Land Registry generally reflects the market conditions of May, the cases registered in June mainly reflect the market conditions of May.