Midland: In November, there were 599 transactions in the secondary market for Home Ownership Scheme and public housing, reaching a new high in over a year and a half

According to the data from Midland Realty Research Center and the Housing Authority (latest as of December 16, 2025), the number of transactions in the secondary market for Home Ownership Scheme (HOS) and public housing (without premium) recorded 540 cases in October, a significant month-on-month increase of 1.66 times. The number of transactions further rose to 599 cases in November, an approximate month-on-month increase of 10.9%, marking two consecutive months of growth and reaching a new high in 19 months (over a year and a half).

Midland Realty analyst Sam Chan pointed out that with the continued market entry of the White House II scheme, the transaction volume in the secondary market is expected to remain at a high level in December. It is believed that the total number of transactions for the entire year is likely to exceed 4,000 cases. Although this is below last year's total of 4,435 cases, it still represents the second-highest level since the launch of the "White House II" scheme in 2013.

In terms of average price per square foot, transactions in the secondary market were primarily based on lower price cases. Reviewing the transaction volume in the secondary market for HOS and public housing in November by different price brackets, the most common average price range was between over HKD 6,000 to 8,000, recording 215 cases (approximately 35.9%); followed by an average price of HKD 6,000 or below, recording 163 cases (approximately 27.2%); cases with prices between over HKD 8,000 to 10,000 recorded 144 cases (approximately 24%), meaning about 87.1% were at an average price of HKD 10,000 or below; while the remaining cases over HKD 10,000 only accounted for 77 cases (approximately 12.9%).

Sam Chan continued to state that if we categorize the secondary market transaction volume in November by the most active housing estates, the top-ranked estate is Fanling Mountain Lovely Garden, with 24 cases, averaging about HKD 2.58 million per case