With the Spring Festival approaching, second-hand housing transaction volume hovers at lows | Hong Kong 香港

Summarize in english this content to 100 words As the Lunar New Year approaches, the festive atmosphere is getting stronger, and the transaction volume of second-hand houses is hovering at a low point. Based on data from Midland Branch, a total of 39 transactions were recorded in 35 large housing estates in Hong Kong in the past week. The number of transactions decreased slightly by one from the previous week and hit a nine-week low. If these 35 housing estates are divided according to the three districts of Hong Kong Island, Kowloon and the New Territories. Kowloon experienced the largest weekly decline, with 14 transactions recorded last week, a decrease of more than 25% on a weekly basis. In the New Territories, 15 transactions were recorded last week, a decrease of more than 10% on a weekly basis. On the contrary, the transaction volume in Hong Kong Island rebounded from the low level last week, recording 10 transactions, a sharp rebound of 1.5 times on a weekly basis. In terms of property prices, the “Midland Home Price Index” was last at 135.42 points, down 0.23% week-on-week, falling for 25 consecutive weeks; down 1.1% from four weeks ago; so far in 2024, it has fallen 1.56%, hitting a new low in more than seven years. Disclaimer The copyright of this report belongs to HongKongFloorPlans. HongKongFloorPlans Research Center strives to be accurate and reliable. All information, opinions and forecasts are for reference only. It does not guarantee its accuracy and completeness. You must invest at your own risk based on this information. #香港 buying a house#Hong Kong good house#美联 propertyHK#香港美联 property#美联 property#香港生活#香港 property market#香港piao buy a house#Hong Kong property market information#Hong Kong second-hand housing



As the Lunar New Year approaches, the festive atmosphere is getting stronger, and the transaction volume of second-hand houses is hovering at a low point. Based on data from Midland Branch, a total of 39 transactions were recorded in 35 large housing estates in Hong Kong in the past week. The number of transactions decreased slightly by one from the previous week and hit a nine-week low. If these 35 housing estates are divided according to the three districts of Hong Kong Island, Kowloon and the New Territories. Kowloon experienced the largest weekly decline, with 14 transactions recorded last week, a decrease of more than 25% on a weekly basis. In the New Territories, 15 transactions were recorded last week, a decrease of more than 10% on a weekly basis. On the contrary, the transaction volume in Hong Kong Island rebounded from the low level last week, recording 10 transactions, a sharp rebound of 1.5 times on a weekly basis. In terms of property prices, the “Midland Home Price Index” was last at 135.42 points, down 0.23% week-on-week, falling for 25 consecutive weeks; down 1.1% from four weeks ago; so far in 2024, it has fallen 1.56%, hitting a new low in more than seven years. Disclaimer The copyright of this report belongs to HongKongFloorPlans. HongKongFloorPlans Research Center strives to be accurate and reliable. All information, opinions and forecasts are for reference only. It does not guarantee its accuracy and completeness. You must invest at your own risk based on this information. #香港 buying a house#Hong Kong good house#美联 propertyHK#香港美联 property#美联 property#香港生活#香港 property market#香港piao buy a house#Hong Kong property market information#Hong Kong second-hand housing

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[Recommended by Agent Kevin]Tower E, Silver Bay Garden | Hong Kong 香港

Summarize in english this content to 100 words KOL with property viewing – Kevin Chan (E-357938) Property promotion: 🏠Silver Bay Garden Tower E (Property number: M201445902) Property address: 685 Clear Water Bay Road, Clear Water Bay Practical area: 670 feet Spacing: 2 bedrooms and 1 living room Unit facilities /Features: Browsing bamboo shoots with sea […]