Hong Kong property deals set to plunge in October amid fears Beijing is tightening its grip on the housing market

The number of property deals taking place in Hong Kong is set to slide for a third month in October as buyers await clarity on housing policy amid rumours that Beijing is muscling in to control the local market.The overall number of transactions, including residential, commercial and industrial properties, as well as parking spaces, marked an eight-month low of 7,400 in September, down 6 per cent from the previous month, according to Land Registry data released on Tuesday.The number of…

Hong Kong property deals set to plunge in October amid fears Beijing is tightening its grip on the housing market
The number of property deals taking place in Hong Kong is set to slide for a third month in October as buyers await clarity on housing policy amid rumours that Beijing is muscling in to control the local market.The overall number of transactions, including residential, commercial and industrial properties, as well as parking spaces, marked an eight-month low of 7,400 in September, down 6 per cent from the previous month, according to Land Registry data released on Tuesday.The number of…