Activity around Hong Kong SAR’s luxury residential sector has been positive since the halfway mark of 2020. Sales transactions were up 54% in H2 2020, creating a surge of activity in H1 of 2021. And the total price consideration between July 2020 and June 2021 came in at HK$12.8 billion, a 115% increase over the same period one year before.
With Hong Kong’s real estate at a turning point, where are the main districts of focus for luxury residential, what are the main drivers, and will this momentum sustain?
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