In "Hong Kong Property," the Centaline CSI (Residential Price) increased by 1.91 points weekly, with the index rising above 70 points

The Central Plains CSI (Residential Sale Price) latest report is 70.41 points, an increase of 1.91 points from last week's 68.50 points. Yang Ming-yi, Senior Co-Director of the Central Plains Real Estate Research Department, indicated that the sales of new developments remain ideal, with the first round of sales for new projects in Hung Hom and Sunrise Kowloon selling out on the same day. The overall atmosphere in the property market is hot, with the transaction volume in the top ten housing estates reaching an eight-week high. The CSI has maintained a favorable range above 55 points for 31 consecutive weeks, indicating a continued upward trend in property prices. Recently, the one-month interbank interest rate has fluctuated around 2%, and if it falls below 1.95%, the H mortgage rate is expected to drop below the capped interest rate again since last May, which will further benefit the property market and stimulate buyers' willingness to enter the market. It is expected that the CSI will continue to hover around 70 points in the short term.

The CSI (Residential Rent) is reported at 68.35 points, an increase of 2.26 points week-on-week, reaching a new high not seen in over four and a half years since July 2021. Benefiting from user support, the index has stabilized above 60 points for 21 consecutive weeks, and residential rents are expected to rise slightly at high levels.

In terms of retail shops, the CSI (Retail Shop Sale Price) is reported at 41.67 points, with no change week-on-week. The CSI (Retail Shop Rent) is reported at 41.79 points, an increase of 0.25 points week-on-week, marking a total increase of 1.21 points over two weeks. With Easter approaching, large shopping malls and various attractions are hosting different festive activities, which are expected to boost the retail market. The rental and sales index has hovered around 40 points for the past five weeks, indicating a stable market for retail shop transactions and rentals, but still awaiting a breakthrough.

For industrial buildings, the CSI (Industrial Building Sale Price) is reported at 45.14 points, a decrease of 3.53 points week-on-week, marking a total decline of 4.86 points over two weeks. The CSI (Industrial Building Rent) is reported at 47.95 points, a decrease of 2.71 points week-on-week, marking a total decline of 3.46 points over two weeks. Both the rental and sales of industrial buildings have declined for two consecutive weeks, remaining above the 45-point level, but showing slight weakness.

In the office sector, the CSI (Office Sale Price) is reported at 35.64 points, a decrease of 1.03 points week-on-week, marking a total decline of 1.15 points over two weeks. The CSI (Office Rent) is reported at 35.64 points, a decrease of 1.03 points week-on-week, marking a total decline of 1.62 points over two weeks. Although the rental and sales index has long been in a bearish zone, the index is gradually challenging the lower limit of the 40-point bearish range, indicating a slight improvement in the office market for transactions and rentals