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

Prosperity Real Estate Investment Trust (00808): Wu Xiu Ying has been appointed as a member of the Trust Fund Manager Review Committee.

Prosperity Real Estate Investment Trust (00808) announced that Ms. Wu Xiuying has been appointed as a member of the Trustee Fund Management Review Committee...

Zhitong FinanceDec 30, 2024 17:07

Zhichuang Hong Kong stock shareholder equity disclosure | December 4.

Hong Kong shareholder equity disclosure | December 4th

Zhitong FinanceDec 4, 2024 08:05

ESR Asset Management (Prosperity) Limited has reduced its shareholding of Prosperity Real Estate Investment Trust (00808) by 0.119 million shares at an approximate price of HK$1.21 per share.

On November 28, ESR Asset Management (Prosperity) Limited reduced its shareholding in prosperity real estate investment trust (00808) by 0.119 million shares, priced at 1.2103 Hong Kong dollars per share, amounting to approximately 0.1440257 million Hong Kong dollars.

Zhitong FinanceDec 3, 2024 19:28

Disclosure of shareholder equity for Hong Kong stocks | November 22

Hong Kong shareholder equity disclosure|November 22nd

Zhitong FinanceNov 22, 2024 08:05

The overall residential property prices in Hong Kong are still under pressure in the short term according to Knight Frank's Hong Kong Residential Market Report. The overall atmosphere and leasing in Hong Kong Island's Grade A buildings will gradually impr

According to the latest "Hong Kong Monthly Property Market Report" released by Knight Frank, this year's Policy Address announced an increase in the maximum loan-to-value ratio for all property loans to 70%. With the cancellation of all cooling measures in the real estate market, as well as lower interest rates, Knight Frank expects more high-income local and overseas professionals to enter the mid-to-high-end residential property market in the long term. However, it is expected that overall residential property prices will still be under pressure in the short term, despite recent interest rate cuts, as interest rates remain relatively high. Due to developers actively launching new projects to drive sales, the secondary housing market will continue to be under pressure. As for Grade A office space, in September this year, Grade A office space in the Hong Kong Island area continues to face challenges.

AASTOCKSOct 30, 2024 15:50