The Zhitong Finance App learned that Wang Pindi, director of the Hong Kong Real Estate Research Department, said that according to the Hong Kong Land Registry data, 393 second-hand residential registrations of over HK$10 million have been recorded so far (as of the 20th), a decrease of about 42.3% from 681 in the same period last month. If the current registration progress is estimated, the number of registrations for the whole month of July stabilized at more than 600, similar to the average of about 630 cases per month in the past year; given the time required to sign a sales contract and submit for registration with the Land Registry, the July registration cases generally reflect the market situation in June.

Zhitongcaijing · 2d ago
Zhitong Finance App learned that Wang Pindi, director of the Hong Kong Real Estate Research Department, said that according to the Hong Kong Land Registry's comprehensive data from the Hong Kong Land Registry, 393 second-hand residential registrations of over HK$10 million have been recorded since this month (as of the 20th), a decrease of about 42.3% from 681 in the same period last month. If the current registration progress is estimated, the number of registrations in July stabilized over 600, similar to the average of about 630 cases per month in the past year; given the time required to sign a sales contract and submit for registration with the Land Registry, the July registration cases generally reflect the market situation in June.