26 Nov 2019
Policy Announcements Help Lift Transactions
Since June, Premium Central office space has been hit the hardest. In terms of industry, demand from retail companies has been particularly sluggish.
The relaxation of the mortgage cap for first-time buyers and a lending rate cut helped restore purchasing power during the month.
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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