RESIDENTIAL PROPERTY | Staff Reporter, Hong Kong

Sale and purchase agreements for buildings slump 56.6% to 7,348

The total consideration for sale and purchase agreements was only $40.8 billion in August .

According to a release from the Hong Kong government, the number of sale and purchase agreements for all building units received for registration in August was 7,348, up 0.8% on July, but down 56.6% year on year.

The total consideration for sale and purchase agreements in the month was $40.8 billion, down 3.6% on July and a 49.1% year on year decline.

According to the release, residential units accounted for 5,439 of the sale and purchase agreements.

View the full report here.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.