
According to "Hong Kong Property," Hong Kong Property Kingpin expects the "price and volume rise" pattern to continue this year, with property prices expected to increase by 10% to 15%
Wang Pindi, Director of the Research Department of Hong Kong Property, stated that today the Rating and Valuation Department announced the Private Residential Price Index, with the latest December report at 298.6 points, an increase of about 0.2% month-on-month, marking the seventh consecutive month of increase and reaching a new high in a year and a half. Last year, the price increase of properties expanded to about 3.3%, ending a three-year trend of decline. The significant rise in the Hang Seng Index last year triggered a wealth effect, coupled with the restart of the interest rate cut cycle, the government's reduction of stamp duty on small properties, the relaxation of the transaction price threshold for the "New Capital Investor Visa" program for purchasing residential properties, and the increase in the cap on the number of non-local students paying for their studies at subsidized post-secondary institutions, among other policies, drove the property market to present a pattern of "price and volume rising together," with property prices rebounding after three years of decline, and transactions reaching a four-year high.
In terms of property market transactions, according to data from the Land Registry, the overall property (including first-hand private residential and second-hand residential, first-hand public housing, commercial shops, pure parking spaces, and other non-residential properties) recorded 80,702 registrations in 2025, an increase of about 18.7% compared to 67,979 registrations in 2024, marking two consecutive years of increase and reaching a four-year high; the registered amount involved was approximately HKD 614.28 billion, an increase of about 15% compared to approximately HKD 534.14 billion in 2024, also marking two consecutive years of increase and reaching a four-year high.
Among them, residential properties (including first-hand private residential and second-hand residential) recorded 66,835 registrations in 2025, an increase of about 16% compared to 57,602 registrations in 2024, marking two consecutive years of increase and reaching a four-year high; the registered amount involved was approximately HKD 532.21 billion, an increase of about 13.9% compared to approximately HKD 467.09 billion in 2024, also marking two consecutive years of increase and reaching a four-year high.
Looking ahead to this year, the Hong Kong property market has returned to a recovery track after three years of adjustment. With the continued positive factors for the property market such as the effects of interest rate cuts, policy dividends, and economic growth, it is believed that the three major demands of "self-use, rental income, and short-term investment" will continue to enter the market, continuously injecting momentum into the market. The outlook for the property market is optimistic, and it is expected to maintain a pattern of "price and volume rising together," with property prices likely to rise by about 10% to 15%, and property market transactions will further increase

