Market Chatter: Hong Kong Developers Poised to See Best Month for Property Sales in March

MT Newswires Live03-10

Hong Kong's developers are seen to complete the sale of 2,500 apartments in March in a bid to rack up the best sales month in a year, the South China Morning Post reported Friday.

Developers are likely to surpass the 2,497 apartments sold in November 2024, the report said, citing property agencies Midland Realty and Ricacorp.

Kerry Properties (HKG:0683) put out 133 apartments for sale at its Hava residential project in Yuen Long, following the sale of 371 units in two weekends, the report said.

Sun Hung Kai Properties (HKG:0016) sold 119 apartments as of March 4, the report said.

Kerry, Henderson Land Development (HKG:0012), and Wang On Properties (HKG:1243) sold 352 units across three projects during the month, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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