Mon, Apr 21, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Commercial property Watch, Performance more

Commercial property demand over the roof

Posted on 13 December 2012

Hong Kong’s commercial and industrial property markets soared over the past year, with both the transaction volume and value reaching their highest level since 1997, thanks to the influx of hot money as well as stronger demand from investors after the government imposed punitive special stamp duties on residential property transactions, according to data compiled by real estate agency Midland.
As of Dec 8, 2012, the Land Registry received 8,399 registrations of sale and purchase agreements for commercial and industrial properties, up 23.5 percent over the 6,799 registered for the year 2011………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930