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Hong Kong Sept. Residential Property Sales Surge

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Sales of residential units in Hong Kong surged 102.2% in September compared with the same period of last year, the Land Registry reported Monday. Sales totaled 12,285 in September, up 9.2% from August. Consideration for these sales was HK$56.2 billion.

At the same time, the number of sale and purchase agreements for all building units received for registration in September increased 95.9% annually to 14,437 units. The total consideration of sale and purchase agreements in September increased sharply by 184.6% to HK$67 billion.

Sales of residential units in Hong Kong surged 102.2% in September compared with the same period of last year, the Land Registry reported Monday. (Market News Provided by RTTNews)

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