Hong Kong logged six property deals across the city's 10 major housing estates during the weekend before the Lunar New Year, The Standard reported, citing Centaline Property.
The transactions were mostly focused across South Horizons on Hong Kong Island with four transactions, Mei Foo Sun Chuen in Kowloon, and City One Shatin in the New Territories, according to the report.
The lull is expected due to the holidays, and the market should pick up after the festivities, the report said, citing Louis Chan Wing-kit, Centaline's Asia Pacific vice chairman for its residential division.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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