High density residential buildings stand on the Kowloon Peninsula . Photo: Yik Yeung-man
High density residential buildings stand on the Kowloon Peninsula . Photo: Yik Yeung-man

Hong Kong property market deal flow seen slowing further after transaction volumes fall to a five-month low in June

  • The number of property transactions in Hong Kong struck a five month low of 4,777 in June, down 10 per cent from May, according to Land Registry data
  • That trend is unlikely to reverse any time soon as Hong Kong Monetary Authority CEO Eddie Yue Wai-man warned that the cycle of rising interest rates was far from over

High density residential buildings stand on the Kowloon Peninsula . Photo: Yik Yeung-man
High density residential buildings stand on the Kowloon Peninsula . Photo: Yik Yeung-man
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