113 views

Property sales decline 7.7% MoM in September

Total consideration for the month decreased by 62% MoM.

Property sale and purchase agreements for all building units were down 7.7% month-on-month (MoM) in September to 4,835, and 34.7% lower compared to the same period last year, according to data from the Land Registry.

Total consideration for the sale and purchase deals was down 62% MoM to 34,768 and declined 48% year-on-year (YoY).

READ MORE: Property sales jump 4.8% in August

Data also showed that 3,875 of the total agreements were residential units, declining by 6.33% MoM and 33.69% YoY. 

The total consideration was at around $29.1b, down by 10.45% MoM and 48.1% from the same period last year.

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!