--- title: "In the \"Hong Kong Property\" report, the Centaline City Leading Index (CCL) rose 1.09% week-on-week, reaching a high not seen in over a year and a half, with all eight indices showing an increase" type: "News" locale: "en" url: "https://longbridge.com/en/news/270272883.md" description: "The Central Plains City Leading Index (CCL) latest reported at 145.01 points, up 1.09% week-on-week, reaching a new high in over a year and a half. After two interest rate cuts, the pace of property price increases has accelerated, with buyers actively entering the market and secondary market transactions increasing, stimulating the CCL to rise for two consecutive weeks by a total of 1.38%. Despite the impact of the fire on market sentiment, developers have paused launches, and secondary market transactions have slowed, the upward trend in property prices remains unchanged, with expectations that the CCL will hover around the 144 to 145 point level before the end of the year" datetime: "2025-12-19T08:12:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/270272883.md) - [en](https://longbridge.com/en/news/270272883.md) - [zh-HK](https://longbridge.com/zh-HK/news/270272883.md) --- # In the "Hong Kong Property" report, the Centaline City Leading Index (CCL) rose 1.09% week-on-week, reaching a high not seen in over a year and a half, with all eight indices showing an increase Yang Ming-yi, Senior Co-Director of the Research Department at Centaline Property, pointed out that the latest Centaline City Leading Index (CCL) is reported at 145.01 points, up 1.09% week-on-week, reaching a new high not seen in 83 weeks (over a year and a half) since mid-May last year. This coincides with the week of the fifth-level fire at Tai Po Hong Fu Court and the delayed sales of three new developments: Yau Tong Pak King Fung, Yau Ma Tei Yuen, and Cheung Sha Wan Hang Wai. Yang noted that after two interest rate cuts, the increase in property prices has accelerated, coupled with expectations of further rate cuts in December, prompting buyers to actively enter the market, leading to an increase in second-hand transactions. This has stimulated the CCL to rise for two consecutive weeks by a total of 1.38%, driving all eight major property price indices up, a phenomenon not seen since mid-October 2025. However, following the fire, market sentiment was affected, developers paused launches, and owners renegotiated prices, causing a slowdown in second-hand transactions. Nevertheless, the upward trend in property prices remains unchanged, with expectations that the CCL will hover around the 144 to 145 point level before the end of the year. The CCL only needs to rise by 1.99 points or 1.37% to reach the first-quarter target of 147 points in 2026, which would be a high after the withdrawal of cooling measures in 2024. In May this year, the interbank lending rate fell, and property prices began to rebound from the bottom. The CCL rose 7.29% from the low of 135.16 points during the week when the H interest rate was capped in May. So far this year, property prices have temporarily increased by 5.35%. The index has risen 7.50% from the low of 134.89 points before the budget announcement in March this year, 6.73% from the low of 135.86 points before the first interest rate cut in September last year, and has dropped 24.21% from the historical high of 191.34 points in August 2021. On December 15, HSBC extended the application period for fixed-rate mortgage plans, and on the 19th, 125 units were sold at the price list for Pak Lung III on Kam Sheung Road in Yuen Long. On the 20th, 155 units were released for sale in the second phase of Sheung Yan in Tai Po. The impact on local second-hand property prices will only begin to be reflected in the CCL announced in early January 2026. The Centaline City Large Estate Leading Index (CCL Mass) is reported at 146.25 points, up 1.34% week-on-week. The CCL (small and medium-sized units) is reported at 144.97 points, up 1.31% week-on-week. Both CCL Mass and CCL (small and medium-sized units) have risen for two consecutive weeks, accumulating increases of 1.54% and 1.53%, respectively, reaching new highs not seen in 83 weeks since mid-May 2024. The CCL (large units) is reported at 145.25 points, up 0.01% week-on-week, rising for three consecutive weeks by a total of 1.92%, reaching a new high not seen in 72 weeks since late July 2024. In terms of property prices across four districts, the CCL\_Mass for Hong Kong Island is reported at 144.68 points, up 2.84% week-on-week, rising for two consecutive weeks by a total of 5.08%, reaching a new high not seen in 82 weeks since mid-May 2024. The CCL\_Mass for New Territories West is reported at 133.55 points, up 1.18% week-on-week, rising for two consecutive weeks by a total of 1.81%, reaching the second-highest level not seen in 79 weeks since early June 2024. The CCL\_Mass for Kowloon is reported at 144.14 points, up 1.12% week-on-week, reaching the second-highest level not seen in 83 weeks since mid-May 2024 The New Territories East CCL\_Mass reported 158.44 points, up 0.04% weekly, marking a 5-week consecutive rise totaling 3.29%, with the index reaching an 85-week high since the end of April 2024. As for the eight major property price indices in 2025, CCL has temporarily risen by 5.35%, CCLMass by 5.88%, CCL (small and medium units) by 5.82%, CCL (large units) by 3.12%, Hong Kong Island by 4.41%, Kowloon by 7.72%, New Territories East by 6.78%, and New Territories West by 4.04% ## Related News & Research - [Carnival Corporation Marks First Meal Donation in Latin America | CCL Stock News](https://longbridge.com/en/news/287260793.md) - [Is LEGO Skylines real? Unannounced Paradox simulation leaks](https://longbridge.com/en/news/287668098.md) - [Playfair Mining signs drilling contract with Lantech for Mount Uniacke project](https://longbridge.com/en/news/287644133.md) - [TECHNICALS-NY cocoa may fall into $3,578-$3,641 range](https://longbridge.com/en/news/287323537.md) - [RUBBER-Japan futures extend falls on rising Chinese synthetic rubber supply](https://longbridge.com/en/news/287296540.md)