US League: Hong Kong property market successfully “counterattacked” this year, and property prices are expected to continue to rise by about 10% to 15% next year

The Zhitong Finance App learned that Ma Taiyang, CEO of the Associated Press Group (Housing), pointed out that in 2025, the Hong Kong property market successfully “counterattacked”, residential property trading rose steadily, and property prices also rebounded steadily. For the first time in four years, “quantitative prices” rose sharply. He pointed out that looking forward to the continued improvement of the property market next year, property prices are expected to continue to rise by about 10% to 15%, driven by multiple factors; developers are expected to continue to actively sell new listings and end-of-goods, and he believes that first-hand sales volume will continue to increase by about 5% to 21,000 units year-on-year, reaching a record high; second-hand sales volume is expected to rise by about 9% to about 50,000 units, reaching a five-year high.

Ma Taiyang said that the property market is improving throughout the year, first benefiting from the government's introduction of measures to reduce the stamp duty on fine-priced properties in the “Budget” at the beginning of the year, effectively boosting the low-priced property market and driving new property sales. Since then, favorable factors such as the Federal Reserve cut interest rates one after another, Hong Kong stocks hovering at a high level, and the continued influx of talent to Hong Kong have emerged, stimulating the investment climate and driving the overall improvement of the property market.

Looking back at the 2025 property market, first-hand trading is showing a record high of 20,000 transactions. It is expected that first-hand transactions will record a record high of 20,000 transactions for the whole year, up nearly 30% from about 15,500 transactions last year, and the amount is expected to rise more than 6% to HK$200 billion, a four-year high. As for second-hand trading, it is estimated that it can reach 46,000 transactions, rising nearly 12% year over year, and the amount is expected to exceed HK$300 billion, rising nearly 14% year on year.

In terms of property prices, various favorable factors have emerged. Property prices have successfully “bottomed out” and rebounded throughout this year. The latest report of the “Midland Property Price Index” was 134.09 points, with a cumulative increase of about 4.65% so far this year, while rebounding about 6.18% from the low level during the year; rents and property prices rose at the same time, rising by about 2.92% in the first 11 months of this year, for the 3rd year in a row.