Hong Kong Luxury Home Sales Plummet to 4-Year Low in 2020

According to JLL's latest Hong Kong Residential Sales Market Monitor, in the midst of the COVID-19 outbreak and deepened economic weaknesses, monthly transactions volume of high-end residential properties in the first half has dropped visibly compared to previous years in Hong Kong.

Between January and June 2020, the transaction volumes of properties over HKD 20 million amounted to a monthly average of 197, representing a drop of 17% compared with a year earlier, the lowest level since 2016.


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