Mainland Chinese buyers drive 93% jump in Hong Kong property transactions
The figure reached HKD42.7 billion (US$5.5 billion), while the number of deals involving mainland purchasers increased 53% year-on-year to 3,882 units across both primary and secondary market, according to Hong Kong property data platform Midland Realty. The data indicates a stronger appetite for higher-value properties. Expenditure on new homes reached HKD24.7 billion, almost 37% higher…