Hong Kong's 4 big-time property investment deals in 3Q

Guess which transaction reached a whopping US$116.1m?

Home sales volumes According to Savills, residential sales volumes remain generally sluggish, although there is early evidence that the primary sales market has been reactivated by developer discounts aimed at reimbursing 70% to 80% of

the Double Stamp Duty payable by second-time and non-local buyers.

Savills noted 4 major investment transactions in Hong Kong from July-September (See Table 1).

Here's more:

The secondary residential sales market has not seen similar price reductions, and as a result transactions volumes remain in the doldrums.

Luxury apartment prices are expected to end the year 5% to 10% down from 2012 and we anticipate a similar correction next year as government measures take effect. Rents are recording similar falls and luxury yields have stabilised at 2.7%.

Join Investment Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!