--- title: "MIDLAND HOLDING: In May, the cumulative inventory units fell by 3.3% month-on-month, still exceeding 20,000 units" description: "As of the end of May, the cumulative inventory in Hong Kong was 21,442 units, a decrease of 3.3% compared to April, reaching a one-year low. Analysts from Midland Realty pointed out that May saw a sur" type: "news" locale: "en" url: "https://longbridge.com/en/news/244414728.md" published_at: "2025-06-13T09:52:43.000Z" --- # MIDLAND HOLDING: In May, the cumulative inventory units fell by 3.3% month-on-month, still exceeding 20,000 units > As of the end of May, the cumulative inventory in Hong Kong was 21,442 units, a decrease of 3.3% compared to April, reaching a one-year low. Analysts from Midland Realty pointed out that May saw a surge in transactions, recording nearly 2,300 primary sales, with the transaction volume exceeding the total number of new units launched, leading to a decline in inventory. Nevertheless, the inventory has remained stable at over 20,000 units for 22 consecutive months. The Kowloon district experienced the largest reduction in inventory, decreasing by approximately 10.3% According to Midland's data, as of the end of May, the cumulative inventory in Hong Kong (including pre-sale and completed units) recorded approximately 21,442 units, a decrease of about 3.3% from around 22,173 units in April, marking a one-year low. Midland Realty's Chief Analyst, Liu Jiahui, pointed out that the decline in cumulative inventory in May was mainly due to a surge in transactions during the month, with nearly 2,300 primary market transactions recorded, more than doubling month-on-month; during the same period, the total number of new units launched was lower than the transaction volume, resulting in a month-on-month decrease in cumulative inventory under the "more sales, less inventory" situation. Nevertheless, the cumulative inventory has remained stable at over 20,000 units for 22 consecutive months. Given the current large supply of inventory, it is believed that developers will continue to actively "de-stock." The report indicated that the cumulative inventory has declined for four consecutive months, down approximately 7.3% from the high of 23,121 units in January this year. If we categorize the cumulative inventory in May by three districts, the Kowloon district (including Tseung Kwan O and Sai Kung) saw the largest month-on-month decrease in inventory, down about 10.3%; however, this district still recorded 11,659 units, significantly higher than Hong Kong Island and the New Territories. In the New Territories, the inventory recorded in May was 6,449 units, a decrease of 2.3% compared to January; as for Hong Kong Island (including Discovery Bay), this area had the least inventory, recording 3,334 units, a month-on-month decrease of about 5.4%. In the first five months of this year, the total number of primary market transactions was approximately 7,800, of which about 42% were inventory units from projects launched in 2024 or earlier. The most transacted units included those in Hung Shui Kiu, Tuen Mun, Wong Chuk Hang, Kai Tak, Ho Man Tin, Kowloon Bay, which accounted for about 37% of the sold inventory ### Related Stocks - [01200.HK - MIDLAND HOLDING](https://longbridge.com/en/quote/01200.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Standard Chartered PLC (OTCMKTS:SCBFF) Sees Significant Growth in Short Interest | Standard Chartered PLC (OTCMKTS:SCBFF) experienced a significant increase in short interest, rising 21.1% to 210,583 sha | [Link](https://longbridge.com/en/news/276119010.md) | | Microsoft-backed OpenAI is Working on AI Devices | Microsoft-backed OpenAI is Working on AI Devices | [Link](https://longbridge.com/en/news/276465557.md) | | Olympics-Short track-Canada's Dubois pips Dutch rivals to win 500 metres | Canada's Steven Dubois won gold in the men's 500 metres short track race at the Olympics, defeating Dutch competitors Me | [Link](https://longbridge.com/en/news/276269216.md) | | Will China Literature Turn The Page? | China Literature Ltd. expects a net loss of up to 850 million yuan for last year, primarily due to a 1.8 billion yuan go | [Link](https://longbridge.com/en/news/276113491.md) | | Sino Land (SNLAY) Expected to Announce Earnings on Friday | Sino Land (OTCMKTS:SNLAY) is set to announce its earnings on Friday, February 27, with expectations of $0.1599 per share | [Link](https://longbridge.com/en/news/276486615.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.