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Hong Kong sees sluggish Q2 for the super luxury residential segment
14 July 2019
Hong Kong – 14 Jul 2019 Prominent real estate advisor kamaco reported that the overall Hong Kong residential market recorded 21,685 transactions in the first four months of 2019, flat compared with the same period last year. Both luxury and mass residential markets were supported by the primary market, as its market share of total volume increased from 22.4% in Q1 to 37.4% in Q2. The super luxury segment saw a fall in demand and the townhouse market recorded a 1.5% price adjustment over Q2.