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Luxury residential sales fall 12.9% MoM in June

Only 183 units got sold during the month.

Transaction volume for Hong Kong’s high-end residential properties or houses worth above $20m dropped 12.9% MoM in June.

According to CBRE, only 183 units got sold during the month.

Notable primary sales in June include House 3 at No. 3 Fei Ngo Shan Road for $153m or $43,404 per square foot. 

Several secondary luxury properties also changed hands in June, including the 3,680 sq ft house at Bay Villas, Shouson Hill ($250m) and a 3,736 sq ft house at Severn 8, The Peak ($300m).
 

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