RESIDENTIAL PROPERTY | Staff Reporter, Hong Kong

Property deals up 14.8% in 2017

The total deal consideration was $726.42b.

Property deals rose 14.8% YoY in 2017 as the year’s total of 83,815 sale and purchase agreements for all buildings units received for registration reached a total consideration amount of $726.42b, according to statistics from the Land Registry.

The number of assignments of building units also rose 34% YoY to 103, 663 in 2017.

The total consideration for these assignments for 2017 was similarly higher at 38.4% YoY to $683.14b.

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