In the "Hong Kong Property" report, the Centaline CSI (Residential Price Index) rose for 4 consecutive weeks, totaling 3.71 points, stabilizing at the level of 65 points

The latest report for CSI (Residential Sale Price) is 65.9 points, an increase of 0.81 points from last week's 65.09. Yang Ming-yi, Senior Co-Director of the Research Department at Centaline Property, indicated that the market atmosphere continues to be hot in the new year, with large new developments selling out on the same day, and developers continuously launching new units. CSI has risen for 4 consecutive weeks, totaling 3.71 points, reaching a nearly 3-year high since early March 2023. The index has remained above the optimistic zone of 55 points for 21 consecutive weeks, stabilizing above 65 points in the past 3 weeks, indicating a positive trend in property prices, with expectations for CSI to challenge 70 points upward in the first quarter.

CSI (Residential Rent) reports 64.14 points, up 1.45 points week-on-week, reaching the highest level in over 4 years since mid-September 2021. Although it is the off-peak season for rentals, the leasing market has been steadily supported by user demand, with the index remaining above 60 points for 11 consecutive weeks, and it is expected that residential rent levels will maintain high positions for some time.

In terms of retail shops, CSI (Retail Shop Sale Price) reports 40.98 points, down 1.16 points week-on-week. CSI (Retail Shop Rent) reports 41.13 points, down 0.3 points week-on-week. The rental and sales index has fallen for 2 consecutive weeks, continuing to fluctuate around the 40-point boundary, indicating a soft market for retail shop sales and rentals, still awaiting upward momentum.

For industrial buildings, CSI (Industrial Building Sale Price) reports 45.45 points, down 1.08 points week-on-week. CSI (Industrial Building Rent) reports 47.01 points, down 0.25 points week-on-week. The rental and sales index has hovered above 40 points for 14 and 10 consecutive weeks respectively, indicating a stable trend in the sales and rental of industrial buildings.

In the office sector, CSI (Office Sale Price) reports 35.26 points, up 0.43 points week-on-week. CSI (Office Rent) reports 34.21 points, down 0.62 points week-on-week. The rental and sales index has remained above 30 points for 9 consecutive weeks, but it is still in a pessimistic zone in the long term, indicating that the market for office sales and rentals continues to adjust