Midland: Hong Kong's first-hand private residential transactions of four bedrooms or more have surpassed last year's full-year total, hitting a 5-year high
Zhito Finance APP has learned that Midland Realty analyst Cen Songqian pointed out that this year, driven by active upgrading activity and a booming luxury home market, first-hand transactions for large units have performed outstandingly. According to data compiled by the Midland Realty Research Center from the "First-hand Residential Properties Sales Information Website" and market sources, as of October 8 this year, first-hand private residential transactions for four-bedroom or larger units recorded 840 cases, up about 56.7% year on year from 536 cases in the same period last year, and have already surpassed last year's full-year level of 789 cases, exceeding it by about 6.5%, setting a five-year high.
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