Staff Reporter

The number of super prime homes sold in HK dropped from 67 to 42 in 2Q23.

The two markets will support the development of family office hubs, amongst others.

The property was acquired by the top bidder Ever Great Development Limited.

There were more larger sum of transactions generated in August 2023.

Health Secretary Lo put forward HK’s efforts on medical innovation amongst others.

The job vacancy rate in the sectors has become 2.4x higher than pre-COVID.

HSBC raised its mortgage rate by 50bps.

Effective risk management is expected to minimise insurance losses.

Other educational costs averaged HK$22,436

The average salary in the country is $17,728 gross monthly.

The residential building has a saleable area of 13,840 square feet.

It is the only Asian market in the top 10.

Hong Kongers are more optimistic about their household finances for the next 12 months.

The raise will come into effect on 18 September.

Alongside technological integration, companies must prioritise data security and privacy by implementing robust cybersecurity measures and complying with data protection regulations.

Experts predict rates in the city to increase by 3% in 2023.