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100 New Homes Sold Last Weekend after Rate Hike; Deals in 10 Main Private Housing Estates Muted

 Transactions in the first-hand home market significantly declined for the first weekend after the rate hike in the US. About 100 deals were recorded over the past weekend, mainly boosted by the remaining flats from HANG LUNG PPT (00101.HK)  -0.300 (-1.779%)    Short selling $5.14M; Ratio 7.534%   's project The Long Beach, selling all 64 flats on the same day of release. SHK PPT's PARK YOHO Venezia in Yuen Long sold 7 flats on 18 December; Wheelock's NAPA in Tuen Mun sold 3 flats.

For the second-hand market, all four main realty agents posted declines, with Midland's ten major blue-chip housing estates recording 9 transactions, up by 2 transactions weekly. 

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