21 April 2017
Hong Kong Property Market Monthly Report - April 2017
- The Kowloon office maket saw robust negotiation activity involving large floor areas. Their expected conclusion in the coming months will set new rental benchmarks for the market.
- Home sales jumped month on month in March, with the return of both sellers and buyers, following the absorption of the negative impact of the rise in the Stamp Duty rate.
- Sales of luxury goods in February recorded the second year-on-year rise in the past 12 months. There were a number of major retail leasing transactions with notable rental cuts.
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