The latest data released by the Hong Kong Government shows that the Hong Kong property price index has fallen for the fourth consecutive month, with a cumulative decline of 4.23%, but the rent index rose 1.42%month -on -month, a high level of more than three years.

According to the Hong Kong News Agency, the Hong Kong Government Restai Price Prosecution Department announced on Wednesday (September 27) that the August Price Price Index was reported at 339.2 points, a year -on -year decrease of 7.87%, and 1.4%from the previous month.; Four months have fallen by 4.23%, a year -on -year increase narrowed to 1.34%.

According to the type or area of the unit, the small and medium -sized unit index fell 1.4%month -on -month and 8%year -on -year; large units fell 1.5%monthly, and fell 4.92%year -on -year.

Although the property price index fell for four months, the rent index was better, rising for seven months.Data show that the August rent index was reported at 185.4 points, an increase of about 1.42%monthly, the highest since January 2020, and the cumulative increase in rent in the first eight months of this year expanded to 5.6%.

According to the Sing Tao Daily, the Hong Kong Government has previously relaxed the restrictions on building flowers according to insurance, which stimulates real estate developers' push deployment.According to statistics, there are 13 new markets in the fourth quarter of Hong Kong, and the number of potential units is more than 8,000. There are four to five new projects launched in October, involving about 4,000 households.