Luxury residential sales plunge in 3Q2023; leasing demand rises: Huttons Asia
Sentiments in the luxury residential market continued to be weak in the third quarter of 2023 with transactions of luxury homes dropping 41.3% q-o-q to an estimated 37 deals. According to Huttons Asia research, luxury condo transactions valued at $295.8 million in 3Q2023, was 50.9% lower than the $601.9 million registered in the previous quarter. […]