Insights – Asia Pacific Research

In March, the Hong Kong residential property market recorded a total of 5,367 registrations, representing a robust 68% m-o-m increase. Market activity rebounded strongly across both the primary and secondary segments.

The primary market demonstrated remarkable growth, with 2,229 transactions, marking a 148% m-o-m surge. This significant increase underscores renewed developer activity, likely spurred by the launch of new projects and competitive promotional campaigns. The secondary market also showed solid improvement, registering 3,138 transactions, up 36% m-o-m, indicating increased confidence and activity among existing homeowners and investors…….

This monthly publication contains the property news of Greater Bay Area in China. (The content of this monthly publication is only available in Simplified Chinese.)

This monthly publication contains the property news of Greater Bay Area in China. (The content of this monthly publication is only available in Simplified Chinese.)

In February, the residential property market recorded a total of 3,200 registrations, representing a 12% m-o-m decline. The overall market activity saw mixed performance between the primary and secondary segments.

The primary market showed resilience with 900 transactions, reflecting a 17% m-o-m increase. This growth highlights a slight recovery in developer sales, potentially driven by attractive promotional offers and new project launches. Conversely, the secondary market experienced a significant contraction, with 2,300 transactions, marking a 20% m-o-m decline……

This monthly publication contains the property news of Greater Bay Area in China. (The content of this monthly publication is only available in Simplified Chinese.)

In December, the residential property market experienced a notable slowdown, with a total of 4,103 registrations, representing a 35% m-o-m decline. Both the primary and secondary markets experienced significant drops in activity. Primary market transactions fell sharply to 887 cases, reflecting a 64% m-o-m decrease, while the secondary market recorded 3,216 transactions, down 15% from the previous month……

This monthly publication contains the property news of Greater Bay Area in China. (The content of this monthly publication is only available in Simplified Chinese.)

The Hong Kong residential market showed signs of recovery in October, with a total of 4,697 transactions recorded across both the primary and secondary markets. This represents a substantial 65% increase compared to September, indicating a rebound from the previous downturn.

In the primary market, new home sales recorded 1,611 cases, reflecting a remarkable 209% month-on-month increase. This surge can be attributed to a rise in new project launches and improved market sentiment. Meanwhile, the secondary market also experienced growth, with 3,086 transactions, an increase of 33% from the previous month………

This monthly publication contains the property news of Greater Bay Area in China. (The content of this monthly publication is only available in Simplified Chinese.)

Hong Kong residential market experienced a notable downturn. A total of 2,848 transactions were recorded across both the primary and secondary markets in September, reflecting a significant 22% decrease from August and marking a seven-month low.
The primary market saw a steep decline, with only 521 new home sales, a 55% drop month-on-month. This sharp decline can be attributed to reduced new project launches and prevailing market uncertainty. Secondary home sales were also affected, totaling 2,327 transactions, down 7% from the previous month……..