Hong Kong Property: As of October 22, registrations of second-hand residential properties valued at over HKD 10 million in Hong Kong approached 6,450 cases, hitting a 5-year high.

Zhito Finance APP has learned that Wang Pindi, Director of the Research Department at Hong Kong Property, stated that Hong Kong property prices have risen this year, coupled with rising upgrading demand, which has driven ideal performance in mid-to-high-priced second-hand residential transactions; data from the Research Department of Hong Kong Property, compiled from the Land Registry, shows that year to date (as of October 22), second-hand residential properties valued at over HK$10 million recorded 6,443 registrations, already surpassing last year's full-year total of 5,443 by about 18.4%, hitting a 5-year high.