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Hong Kong's property market has been quite attention-grabbing lately. Despite the ongoing geopolitical tensions being widely discussed, the property market there continues to show positive momentum. Just look at the data—about 1,420 transactions in February, compared to 2,460 transactions in January. The total for the first two months of this year has already reached 3,880 transactions. This means Hong Kong's property market has grown by more than 90% compared to the same period last year, which had only around 2,005 transactions. Quite significant.
What's interesting is that several major projects have started opening registrations in the past few weeks. One of them is DEEP WATER SOUTH in the Wong Chuk Hang area, a collaboration between Wheelock Properties and MTR Corporation. From Harbour City in Tsim Sha Tsui alone, over 2,000 people have booked site visits in just the past two days. So, it’s clear that buyer interest remains quite high. Sales for large units in Phase 6B are expected to be announced soon.
Up to now, Hong Kong's property market still seems to hold strong appeal for investors and buyers. Of course, global conditions remain a factor to watch, but for now, the momentum of Hong Kong's property market remains positive.