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Midland: Mainland Buyers Continue Entering the Market; Hong Kong Residential Market Transaction Volume Rises Approximately 23.1% Month-on-Month in February
GRH March 10 | Midland Realty Analyst Cen Songqian pointed out that, according to data from Midland Realty Research Center and the Land Registry, based on known buyer names (identified by the English spelling of the buyer’s name), there were a total of 1,365 registrations by mainland Chinese buyers in Hong Kong’s primary and secondary residential markets in February this year. The total transaction amount was approximately HKD 15.58 billion, representing a month-on-month increase of about 10.4% in the number of transactions and a significant month-on-month rise of about 23.1% in the amount.