Lay Fang: In the fourth quarter of last year, Hong Kong's transactions of super luxury homes ranked second globally.

Private real estate consulting firm Knight Frank has released the new season's "Global Super Prime Property Report". In the sales of residential properties with prices exceeding $10 million in 12 major global markets, the number of transactions for super luxury homes in Hong Kong in the fourth quarter of last year reached 81, the highest since 91 in the third quarter of 2021. The transaction value also increased to $1.566 billion, reaching a new high since the first quarter of 2021. The number of transactions and transaction value increased by 45% and 51% respectively each quarter, ranking second globally in terms of quarterly volume and value, second only to Dubai.