Hong Kong logs US$95 million worth of luxury home deals in a single day

Hong Kong’s property market on Monday logged HK$740 million (US$94.9 million) worth of luxury home deals, one of the city’s largest single-day hauls, as the residential segment shakes off a multi-year slump. Records from the Land Registry showed that five upscale homes – from areas such as Mid-Levels, Wan Chai and Sai Kung – changed hands in deals valued between HK$93 million and HK$238 million. The flurry of luxury home deals comes amid a recovery in Hong Kong’s residential property segment, as...