The Zhitong Finance App learned that the Hong Kong Rating and Property Valuation Department has just announced the property price index. In November 2025, the private residential sales price index was 297.3 points, up 0.92% month-on-month. It has been rising for 6 months. It is the longest rise in more than 4 years, with a cumulative increase of about 3.77%. It increased by about 2.8% in the first 11 months of this year. The rent index continued to rise for 12 months, with a month-on-month increase of 0.2%, and a year-on-year increase of about 4.26%. The latest report was 200.7 points, reaching another record high.
Chen Yongjie, Vice Chairman of the Asia Pacific Region of Central Plains Real Estate and CEO of the Housing Department, said that the Hong Kong Differential Assessment Service's property price index has been rising for 6 months, further confirming that the property market has entered a period of rise. Since the US stopped raising interest rates in March and interest rate cuts began in September, the Hong Kong property market has stopped falling and rebounded, and the Hong Kong Differential Assessment Authority's property price index has been rising for 6 months.
The Financial Secretary of Hong Kong said in a blog post yesterday that Hong Kong's economy is performing well. As tourists increase and exports rise, various economic data are ideal. Chen Yongjie believes that various basic economic factors remain unchanged, and that the increase in public income is beneficial to the Hong Kong property market, while currency depreciation has also encouraged capital to flow to real assets. At the same time, under the influence of the continuous rise in rents, the increase in tenant subleases to buy and sell will further boost demand for residential property transactions. Take the Central Plains City Leading Index CCL as an example. It has recorded a 4.3% increase throughout the year.
Chen Yongjie expects the Property Price Index to increase by 3.5% for the full year of 2025. In terms of the rent index, it continued to benefit from various specialist policies. The index continued to rise for 12 months, reaching a record high level. Property prices have been rising for 6 months, and rents have been rising for 12 months. This year, we have seen a sharp rise in rent prices, which is rare in recent years. Given that there is still a 25% gap between current property prices and historical highs, Chen Yongjie believes that buying a house and receiving rent returns of more than 3.5% is still a trend next year. However, it is believed that the rise in rents will slow down next year, and the increase in Hong Kong property prices will outperform rents.