Hong Kong Housing Analysts Predict a Market Bottom This Year

The Edge MarketsJan 10 09:11

The latest index for the beauty company's property prices is reported at 128.61 points, with a week-on-week increase of 0.37%.

The "United States Real Estate Price Index" latest report is 128.61 points, a week-on-week increase of 0.37%. Compared to four weeks ago, the price index has slightly increased by 0.18%.

Zhitong FinanceJan 6 18:55

A new high in three years! The Hong Kong property market transaction has "exploded"! The "high ROI" attracts homebuyers.

Source: Securities Times Author: Wu Jiaming The Hong Kong property market achieved its highest transaction volume in nearly three years in 2024. Looking back at the Hong Kong property market in 2024, after the "withdrawal of spicy policies," the market clearly rebounded, with the overall transaction volume increasing year-on-year. At the same time, a considerable number of mainland clients recognized that the current property prices in Hong Kong are at a low level and that the rental ROI is relatively high, making it suitable for asset allocation. The Hong Kong Special Administrative Region government's Land Registry recently reported that the total number of building sale and purchase agreements registered in Hong Kong for the whole of 2024 (including residential, parking spaces, and commercial properties) reached 67,979, an increase of 17.1% compared to the same period in 2023, setting a near record.

Securities TimesJan 5 15:42

Express News | In 2024, the number of property sale and purchase agreements registered in Hong Kong exceeded 0.0679 million, reaching a three-year high.

BreakingsJan 3 18:46

The Development Bureau invites the market to submit letters of intent for the pilot development of the Northern Metropolis Area.

The Development Bureau announced that starting today (December 31), a market intention survey will be conducted for three months, inviting the market to submit letters of intent for the three "area development" pilot projects in the northern metropolitan area. The goal is to gradually invite tenders for the three area development pilot projects from the second half of next year until 2026, with a briefing session for the invitation of letters of intent expected to be held on January 16 next year. The Bureau indicated that adopting the "area development" model in the northern area is a new attempt; therefore, the government hopes to gather opinions and suggestions from the market to finalize the details and terms for future public tenders. The invitation document for letters of intent specifies the concrete development requirements of the "baseline scenario" for each pilot, making it easier for those interested.

AASTOCKSDec 31, 2024 15:40

The Hong Kong Mid-Levels Price Index increased slightly by 0.14% weekly, with a cumulative decline of 6.86% in 2024.

With Hong Kong Banks further reducing interest rates by 0.125%, this is the third rate cut since September, which positively supports the Hong Kong property market, enhances owners' confidence, reduces discount listings, and raises the confidence Index.

Zhitong FinanceDec 30, 2024 19:23