Hong Kong: The new-build sector bucks the wider residential slowdown

The latest report by David Ji and his team confirms that due to the cautious outlook following the protracted social unrest, the housing market in Hong Kong slowed in December. However, favourable Government policies, including a higher mortgage ceiling, provided support for transaction volumes over the year as a whole. The number of primary (new-build) transactions reached 21,108 units, a 15-year high.