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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?

For more details, see: http://www.scmp.com/business/money/markets-investing/article/1116959/hong-kong-property-sales-6-cent-2012-ricacorp

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