| From Thestandard.com.hk: Sentiment in the residential property sector remains weak and transactions in the secondary market are expected to fall by as much as 10 percent in the wake of the financial crisis.
Hong Kong Property Services said that as of October 16, monthly transactions in the secondary market had fallen 16 percent from the previous month to 2,339 deals. "The market adjustment is expected to continue in the short term and transactions in the secondary market this month will fall below 5,000, a drop of 8 percent from last month," said executive director Richard Lee Chi-shing..... Full Article: Source
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