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Homeowner loses HK$500K in profits | Hong Kong Weekend Property Recap

Squarefoot Editor  2023-04-13  16 #Property Hit News

In this week’s report of the weekend property market, thousands of Hongkongers flocked overseas during Easter break, causing a sharp drop in flat viewing. First- and second-hand transaction volumes also fell significantly, with about 28 first-hand transactions recorded over the weekend. Over the four-day break, there were about 62 transactions, 11% lower than the 70 transactions recorded last year, making this the local property market’s quietest Easter of the last ten years.

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