Bloomberg: The completion volume of private residential buildings in Hong Kong reached a four-year low in the first two months of this year and is expected to experience a Top Reversal.

According to the data from the research center of Midland Realty and the Buildings Department, the number of private Residence completions in Hong Kong in February recorded a total of 1,624 units, which is a month-on-month decrease of about 13.9% compared to January's 1,886 units, marking a decline for two consecutive months and reaching a new low in five months.

Zhitong FinanceApr 24 18:24

Jones Lang LaSalle: The rental and sale prices in Hong Kong's property market continued to decline in the first quarter, maintaining the annual prediction of a 5% decrease in Residence prices.

In the office building market, during the first quarter of this year, Hong Kong's overall office market recorded a net absorption of -0.1434 million square feet, mainly due to large spaces being released after companies completed their integration and relocation.

Zhitong FinanceApr 24 14:39

According to "Hong Kong Property", developers are actively "clearing inventory"; 45% of primary sales transactions this year to date are leftover units.

According to data from the Hong Kong Property Services and market news, as of April 21 this year, a total of approximately 4,960 primary sales have been recorded, among which about 2,719 are new projects launched this year, accounting for about 54.8%; the remaining 2,241 primary sales are leftover units from projects launched in 2024 or earlier, accounting for about 45.2%. The Chief Analyst of Hong Kong Property Services, Liu Jiahui, pointed out that the leftover sales ratio has reached 45% so far this year, similar to the ratio for the entire last year, marking a recent high; this is believed to be related to developers' active efforts in inventory reduction, and it is estimated that developers will continue to actively sell stock throughout the year.

AASTOCKSApr 24 09:28

In "Hong Kong Property", it states: In the first quarter, the remaining unsold units of new properties are nearly 0.0227 million units, marking an increase for four consecutive quarters. In the next quarter, it is expected to rise to 0.023 million units o

According to Yang Ming-yi, Senior Joint Director of the Research Department of Centaline Property, in the first quarter of 2025, the inventory of new private residential properties was 22,654 units, an increase for four consecutive quarters, reaching the second-highest quarter since the 22,485 units in Q4 2003, only lower than the 22,936 units in Q4 2023, and it has remained above the level of 20,000 for seven consecutive quarters. Several large new projects were sold in the first quarter, with sales performing generally well, and the existing inventory turnover was also pretty decent, thus only slightly increasing the inventory number. However, at the beginning of April, the USA implemented reciprocal tariff policies, impacting the Global economy, causing stock market fluctuations, and buyers' attitudes turned more cautious, leading to a continued adjustment in property prices.

AASTOCKSApr 23 16:17

In "Hong Kong Property", it is reported that the three-bedroom unit at ST. GEORGE'S MANSIONS in Ho Man Tin was sold for 86 million after three consecutive transactions.

Developed in collaboration with Sun Hung Kai Properties (00083.HK) and CLP HOLDINGS (00002.HK), ST. GEORGE'S MANSIONS, located in Ho Man Tin on Kadoorie Hill, has recently sold a three-bedroom unit on the 18th floor, Room B, with a usable area of 1,841 square feet, for a Fill Price of 86 million HKD and a price per square foot of 46,714 HKD. The project recorded two sales within three days. The developer indicated that the impact of the interest rate cut has resulted in the sale of 42 units since October 1, generating nearly 2.8 billion HKD in cash within six months, with many buyers being large families making significant purchases. According to market sources, among the recent transactions, there were 5 groups of the same family.

AASTOCKSApr 23 09:15

SINO LAND (00083) issued 0.135 billion shares for dividend on April 22.

SINO LAND (00083) announced that on April 22, 2025, according to the data as of June 30, 2025...

Zhitong FinanceApr 22 17:56