---
title: "In \"Hong Kong Property,\" Central China Real Estate's Hong Kong residential department achieved a revenue of over HKD 1.2 billion in the first quarter, setting a new high for 19 quarters"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281340719.md"
description: "Chen Yongjie, Vice Chairman of the Asia-Pacific Region and President of the Residential Department of Central China Real Estate, stated that favorable factors for the real estate market will emerge in 2026, stimulating purchasing power and leading to an increase in both price and volume. In the first quarter of this year, Central China Real Estate facilitated over 6,000 transactions of new and second-hand properties in Hong Kong, setting a new high in recent years. The Hong Kong Residential Department recorded over HKD 1.2 billion in revenue in the first quarter of this year, marking a new high in 19 quarters. With favorable factors in the real estate market remaining unchanged in the second quarter and multiple new projects set to launch, Chen Yongjie expects transaction volume and revenue to grow by 20% compared to the first quarter"
datetime: "2026-04-01T09:32:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281340719.md)
  - [en](https://longbridge.com/en/news/281340719.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281340719.md)
---

# In "Hong Kong Property," Central China Real Estate's Hong Kong residential department achieved a revenue of over HKD 1.2 billion in the first quarter, setting a new high for 19 quarters

Chen Yongjie, Vice Chairman of Central China Real Estate for the Asia-Pacific region and President of the Residential Department, stated that favorable factors for the real estate market will emerge in 2026, stimulating purchasing power and leading to an increase in both price and volume. In the first quarter of this year, Central China Real Estate facilitated over 6,000 transactions of new and second-hand properties in Hong Kong, setting a new high in recent years. The Hong Kong Residential Department recorded over HKD 1.2 billion in revenue in the first quarter, marking a new high in 19 quarters.

The favorable factors for the real estate market in the second quarter remain unchanged, with several new projects set to launch soon. Chen Yongjie expects transaction volume and revenue to increase by 20% compared to the first quarter

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