Property sales in Hong Kong are expected to have risen 6 per cent last year, with the total value of deals climbing to a two-year high thanks to rapid growth in home prices.

Patrick Chow, head of research at Ricacorp Properties, predicted total property transactions, including homes, offices and car-parking spaces, amounted to 115,504 in 2012, up 6.14 per cent from the 108,814 deals conducted in 2011.