Hong Kong property deals surge anew in September on rate cut, buoyant stocks [Yahoo! Finance]
BOC HK HLDGS LTD S/ADR (BHKLY)
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Source: Yahoo! Finance
Deals covering new and lived-in homes, office spaces, shops, car parking slots as well as industrial units were estimated to have risen 6.2 per cent month on month to 6,862 units in September, with the total value up 14 per cent to HK$54.35 billion (US$6.98 billion), according to Centaline , one of the city's largest property agencies. "With interest rate cuts reinstated in September, the Hang Seng Index continuing its upward trajectory to a four-year high and the recent policy address relaxing investment immigration requirements, sentiment in the property market continued to improve," said Yeung Ming-yee , a senior associate director at Centaline. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. "That led to a slight increase in transactions and could push total registrations back ab
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