Property transactions are expected to have increased by 10.6% in value y-o-y in 2012, with a total of 115,504 transactions amounting to a forecast of HKD650 billion. This includes residential & commercial properties, as well as car park spaces.
The no. of transactions in the secondary residential market are estimated to have decreased by 8.9%, while the no. of primary market transactions are expected to have increased by 15.86%.
Can we expect a similar performance in 2013?