Luxury residential sales plunge in 3Q2023; leasing demand rises: Huttons Asia
Sentiment in the luxury homes market took a downturn in the third quarter of 2023 after August’s anti-money laundering crackdown. Transactions for luxury homes came down sharply, with q-o-q falls of 41.3%. According to research by Huttons Asia, there were only 37 deals in 3Q2023, compared to 63 in 2Q2023. The value of these transactions […]