Skip to content
24/7NewsPaper
Back to feed
SCMP — Businessscmp.com

Hong Kong home sales cool off over Dragon Boat holiday ahead of new projects (opens original article in a new tab)

TL;DR

Hong Kong's property market slowed during the Dragon Boat Festival holiday as travel and weather reduced viewing activity, with developers holding back new projects.

  • Hong Kong's property market slowed during the Dragon Boat Festival holiday due to outbound travel and unstable weather.
  • Developers launched 104 new homes, but only half were sold, with most sales from existing inventory.
  • Secondary market viewing appointments dropped 4% compared to the previous weekend.

Conversation

No comments yet

Threaded discussion is coming next — this is where the community conversation about this story will live.