Park Lane: 45 transactions were recorded last week in 35 housing estates, a 33% decrease from the previous week.

According to the Wise Finance APP, several new properties have been launched in Hong Kong, and the first-hand market remains hot with over 400 transactions recorded for 5 consecutive weeks. This has attracted market attention and some purchasing power. On the other hand, the market anticipates positive policies for the Hong Kong property market in the policy address, and with a high chance of a rate cut in the United States, owners are optimistic about the future. This has reduced bargaining space and created pressure on second-hand transactions. According to data from a US bank, a total of 45 transactions were recorded in 35 large housing estates in Hong Kong in the past week (September 1 to September 7), a decrease of about 32.8% compared to the previous week with 67 transactions.