Hong Kong property: busiest month since May as DBS, HSBC bosses pick up luxury homes

Quick Summary:

Total transactions in Hong Kong’s property market could end the year with the highest volume since 2021, Centaline forecasts.

Nicholas Moreau, the CEO of HSBC Global Asset Management, bought a luxury flat in Century Tower in Mid-Levels, also developed by Kerry Properties, for HK$50 million on October 23, according to government records.

It marked the highest volume since May.

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Article Details

Author / Journalist: Salina Li

Category: Business

Markets: Hong Kong

Topics: October Unit Homes Kong Bank Luxury Million Hong According Month Property

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 21:06:31 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 246 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23364267

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