Nearly 1,400 properties sold in Q2

A total of 1,368 building units and parking spaces were purchased and sold in the second quarter of 2023 as per the stamp duty record, and the total value of transactions was MOP7.44 billion, up 13.3% and 7.4% respectively quarter-to-quarter. According to the Statistics and Census Service (DSEC), the purchase and sale of residential units increased by 30 quarter-to-quarter to 878 units, and the total value rose 3.4% to MOP5.78 billion. The number of existing residential units transacted (831 units) decreased 1.4% and the transaction value (MOP5.48 billion) fell 1.6%.