Luxury residential sales plunge in 3Q2023; leasing demand rises: Huttons Asia
Sentiment in the luxury homes market continued to decline in the 3Q2023 after an anti-money laundering crackdown made headlines in August. Transactions of luxury homes dropped 41.3% q-o-q from 63 deals in 2Q2023 to an estimated 37 deals in 3Q2023, according to research by Huttons Asia. The transacted amount between January and September is almost […]