BUSINESSSCMP WORLD
Hong Kong’s property market set to cool despite run of record-breaking deals
Hong Kong’s residential property market has regained momentum with record-breaking deals, but analysts predict a cooldown in the second half of the year due to a weaker stock market affecting investor sentiment. A five-bedroom flat at Sun Hung Kai Properties’ Cullinan Harbour in Kai Tak recently sold for a record HK$247.9 million.
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