---
title: "In \"Hong Kong Property,\" Centaline: The overall number of property transactions in February approached 8,000, reaching the second-highest level in 22 months"
description: "The Research Department of Centaline Property pointed out that in February 2026, the overall number of property transactions recorded 7,923 cases, with a total value of HKD 62.42 billion, an increase "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/277440630.md"
published_at: "2026-03-02T09:28:19.000Z"
---

# In "Hong Kong Property," Centaline: The overall number of property transactions in February approached 8,000, reaching the second-highest level in 22 months

> The Research Department of Centaline Property pointed out that in February 2026, the overall number of property transactions recorded 7,923 cases, with a total value of HKD 62.42 billion, an increase of 3.8% and 9% compared to January. This number is the second highest in 22 months, reflecting that the Lunar New Year was delayed until February, prompting buyers to enter the market early. In February, the primary private residential market recorded 2,557 cases and HKD 27.53 billion, a significant increase of 66.6% and 43.7%. New project sales were strong, and it is expected that registrations in April will stabilize around 8,000 cases. In the secondary residential market, February recorded 3,918 cases and HKD 29.81 billion

Yang Mingyi, Senior Co-Director of the Research Department at Centaline Property, pointed out that in February 2026, the overall number of property transactions recorded 7,923 cases, with a total value of HKD 62.42 billion, representing increases of 3.8% and 9% respectively compared to January's 7,631 cases and HKD 57.249 billion. The number of transactions reached the second highest level in 22 months since April 2024's 9,880 cases, only lower than December 2025's 8,999 cases. This reflects the delay of this year's Lunar New Year to February, prompting buyers to enter the market early in January before the New Year, with strong sales of large new developments driving overall transactions close to the 8,000 case level.

The impact of the long New Year holiday in February and the increase of over HKD 100 million in stamp duty for residential properties in the financial budget will be reflected in the registration figures for March. Although the recent escalation of tensions in the Middle East has caused fluctuations in the financial markets, it does not hinder the arrival of the seasonal peak after the New Year. Additionally, with major banks launching fixed-rate mortgage plans, there is positive support for the property market, and it is estimated that April registrations are expected to stabilize around 8,000 cases.

In terms of new private residential properties, February recorded 2,557 cases and HKD 27.53 billion, significantly increasing by 66.6% and 43.7% respectively compared to January's 1,535 cases and HKD 19.16 billion. The number of transactions reached a new high in 22 months since April 2024's 3,624 cases, while the amount reached a new high in 8 months since June 2025's HKD 35.02 billion. Stimulated by the hot sales of large new developments in Xisha, the number of new registrations surged by over 60%, with the number of transactions exceeding 1,500 cases for 12 consecutive months, marking the first occurrence in over 30 years (368 months) since records began in July 1995. After the New Year, developers are actively planning to launch multiple new projects, and it is believed that new transactions will continue to maintain above 1,000 cases.

The new development with the highest number of registrations in February was Xisha SIERRA SEA Phase 2A, recording 621 cases and HKD 3.876 billion. The second was Xisha SIERRA SEA Phase 2B, recording 525 cases and HKD 3.223 billion. The third was Tseung Kwan O Sunrise City Phase 12B PARK SEASONS, recording 86 cases and HKD 565 million. The fourth was Yau Tong Parkview Peak, recording 82 cases and HKD 488 million. The fifth was Pak Lung Phase 1B Pak Lung II, recording 73 cases and HKD 533 million.

In terms of second-hand private residential properties, February recorded 3,918 cases and HKD 29.81 billion, slightly increasing by 0.1% and 1.5% respectively compared to January's 3,915 cases and HKD 29.38 billion. Second-hand transactions became more active before the New Year, but due to the long holiday in February and a reduced number of working days, the increase in second-hand transactions was slight. The upward trend in property prices continues, boosting buyer confidence. After the New Year, the second-hand market has clearly warmed up, and it is expected that second-hand registrations could further exceed 4,000 cases.

In terms of large housing estates, in February, Taikoo Shing recorded 36 cases (totaling HKD 4.01 billion), Caribbean Coast recorded 34 cases (totaling HKD 1.63 billion), Mei Foo Sun Chuen recorded 32 cases (totaling HKD 1.98 billion), and Shatin First City recorded 29 cases (totaling HKD 1.48 billion)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.