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Sun Hung Kai Properties' Flagship Project and Mak's Beer Launch Premium "Blesiure" Lifestyle Experience by Victoria Harbour
HONG KONG, March 27, 2024 /PRNewswire/ -- TOWNPLACE WEST KOWLOON, the mega flagship offering by Sun Hung Kai Properties (SHKP) (0016) under its premium residential leasing brand of TOWNPLACE, announce
Hong Kong Homebuyers Flock to New Projects, Shunning Used Flats
Hong Kong homebuyers are snapping up new properties after the government cut taxes last month.
Zhongyuan Real Estate: The Hong Kong property market is expected to reach 5,000 first-hand transactions in March and is expected to recover a 15% decline by the end of the year
The property market clearly regained prosperity in March. In March, the Hong Kong property price index will reflect the new situation in the property market after the withdrawal. The index is expected to stop falling and stabilize, or even rise slightly.
Knight Frank: Maintaining an L-shaped forecast for property prices in Hong Kong this year, it is expected to drop by up to 5%
Maintaining the original L-shaped forecast for this year's property price trend, there is still an opportunity for property prices to fall by 3% to 5% in the first half of the year, stabilized slightly in the second half of the year, and is expected to remain flat or fall by up to 5% throughout the year.
After 10 months of continuous decline, Hong Kong's private home sales price index fell 1.69% month-on-month in February
Furthermore, in February of this year, the private home rent index was reported at 185.3 points, down about 0.12% month-on-month. It has been falling for two consecutive months, falling 0.32%.
American League: It is expected that the turnover of commercial stores in Hong Kong will rise by 20% year-on-year this year, and prices are still under pressure
Recently, the Hong Kong Government introduced a number of favorable policies to promote the development of the real estate industry
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