BUSINESSSCMP WORLD
Hong Kong home sales cool off over Dragon Boat holiday ahead of new projects
Hong Kong's property market slowed during the Dragon Boat Festival holiday due to outbound travel and unstable weather, with developers delaying major launches ahead of new projects. Midland Realty reported 104 new homes were rolled out, but only about half were sold by Sunday.
Related Signal
Adjacent reporting
- Home Depot Sales Fall Short as Shoppers Defer Projects
- U.S. new home sales slumped in April, falling short of forecasts
- NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump
- Is the Spanish holiday home dream back on? Country's tourism bosses beg for 90-day limit to be scrapped in wake of financial hit - with beautiful properties on the market
- Buyers flock to SHKP project in New Territories as confidence grows in home market outlook
- Dubai property sales have fallen ‘off a cliff’ since start of Middle East war