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Policy Announcements Help Lift Transactions

Office
Since June, Premium Central office space has been hit the hardest. In terms of industry, demand from retail companies has been particularly sluggish.

Residential
The relaxation of the mortgage cap for first-time buyers and a lending rate cut helped restore purchasing power during the month.

Retail
Sales in community malls, which offer daily necessities to locals, were relatively more resilient and saw solid sales even amid Hong Kong’s social unrest.

 

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