27759 After the cooling measures were lifted in Hong Kong, the transaction volume of first-hand private residential properties has significantly increased, recording a total of 27,759 transactions in the past year and a half.

According to the Wise News Finance APP, since the Hong Kong SAR government fully revoked the tough measures on the property market at the end of February 2024, it has been close to one and a half years. During this period, the government further lowered the stamp duty on secondary residential properties, coupled with positive factors such as the United States entering an interest rate cut cycle and the cooling of the tariff war, driving purchasing power and releasing property developers to actively sell properties. Transactions in first-hand properties are significantly booming.