"Luxury houses in the New Territories are highly sought after with health concerns pushing end users to look for residences in lower density areas with more outdoor space."

"Pent-up demand fuels recovery in the prime residential markets outside London"

"Activity rebounds in a price-sensitive market"

"The luxury residential market appeared to stabilize in Q2/2020, given that the epidemic has eased locally with reviving levels of economic activity and government agencies resuming work as normal."

"After two quarters of solid growth, average multi-family rents across the 23W and C5W saw a slight pullback in Q2/2020. It is, however, too early to tell whether this is just a short-term correction or the opening salvo of a bearish leasing market. Encouragingly, Tokyo still witnessed an inflow of young residents during the lockdown."

"Fewer land deals and lengthened payment terms"