31 July 2019
Residential Sales Tumbled Amidst Market Concerns
While leasing demand for Grade-A offices in Central was softening, demand for Quarry Bay offices was strong thanks to the influx of decentralisation tenants.
Sales volume in June dropped to a four-month low, with primary sales reaching the lowest monthly level in 2019.
Deteriorating luxury retail sales have made the recovery of the retail leasing market more challenging, especially for prime street shops.
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