In the "Hong Kong Property" report, the Centaline City Leading Index (CCL) latest stands at 153.67 points, with a slight weekly decline of 0.01%, hovering near a two-and-a-half-year high

The Central Plains City Leading Index (CCL) latest reported at 153.67 points, a slight weekly decline of 0.01%. Yang Mingyi, Senior Co-Director of the Research Department at Central Plains Real Estate, indicated that the data reflects the market conditions for the week of March 23, when Hong Kong stocks fell below the 25,000-point mark. With the situation between the U.S. and Iran unclear, the Hang Seng Index experienced significant fluctuations, affecting the CCL, which saw a high-level consolidation after rising for two consecutive weeks. However, the local property market atmosphere remains positive, with several new developments performing well, a decline in the interbank offered rate which once dropped to 1.95%, and banks launching mortgage incentive plans, enhancing the willingness of second-hand buyers to enter the market. Therefore, the index's decline is slight, still representing the second-highest level in 126 weeks (nearly two and a half years) since mid-November 2023. The target for the CCL in the second quarter is 156 points, requiring an increase of just 2.33 points or 1.52% to reach.

Since the interbank offered rate fell in May 2025, property prices have shown signs of bottoming out and rebounding. Coupled with two interest rate cuts by local banks last year, the CCL has increased by 13.69% compared to the low of 135.16 points during the week when the interest rate peaked in May last year. The CCL has risen by 13.92% from the low of 134.89 points before the financial budget in March 2025, by 13.11% from the low of 135.86 points before the first interest rate cut in September 2024, and has decreased by 19.69% from the historical high of 191.34 points in August 2021. On April 13, the U.S. implemented a maritime blockade on Iranian ports, and on the 14th, Hung Hom announced its first price list for 110 units. On the 15th, U.S. President Trump stated that the conflict with Iran was nearing an end and hinted at the resumption of negotiations between the U.S. and Iran. On the 16th, the Hang Seng Index closed above the 26,000-point mark, the highest in nearly two months. On the 18th, the first round of price lists for the second phase of Kai Tak Bay went on sale for 160 units, and the price list for 88 units at Tai Wai Park Island III was released. The impact on local second-hand property prices will begin to be reflected in the CCL announced in early May 2026.

The Central Plains City Large Estate Leading Index (CCL Mass) reported at 154.76 points, a slight weekly decline of 0.05%, remaining at a high level after two consecutive weeks of increases, still representing the second-highest level in 131 weeks (over two and a half years) since early October 2023. The CCL (small and medium-sized units) reported at 153.48 points, a weekly increase of 0.05%, rising for three consecutive weeks for a total of 1.7%, reaching a new high in 130 weeks (two and a half years) since mid-October 2023. The CCL (large units) reported at 154.64 points, a weekly decline of 0.3%, ending a five-week streak of increases, but still representing the second-highest level in 121 weeks (nearly two and a half years) since mid-December 2023.

Property prices in the four districts saw two increases and two declines. The New Territories East CCL_Mass reported at 166.08 points, a weekly decline of 1.83%, ending a five-week increase, still representing the second-highest level in 123 weeks (nearly two and a half years) since early December 2023. The Hong Kong Island CCL_Mass reported at 154.91 points, a slight weekly decline of 0.08%, softening after three consecutive weeks of increases, still representing the second-highest level in 126 weeks (nearly two and a half years) since mid-November 2023 The Kowloon CCL_Mass reported 152.71 points, up 0.47% week-on-week, marking a three-week increase of 1.79%, with the index reaching a new high of 135 weeks (over 2.5 years) since early September 2023. The New Territories West CCL_Mass reported 140.34 points, up 0.61% week-on-week, with the index reaching a new high of 126 weeks (nearly 2.5 years) since mid-November 2023.

As of 2026, the CCL has temporarily increased by 6.63%, CCL Mass by 6.6%, CCL (small and medium-sized units) by 6.49%, CCL (large units) by 7.31%, Hong Kong Island by 10.52%, Kowloon by 5.51%, New Territories East by 4.70%, and New Territories West by 5.73%