US Union: Hong Kong property prices bottomed out and rebounded, and the annual turnover of 35 large housing estates was 3,358, up about 7.4% year on year

The Zhitong Finance App learned that Midland Property published an article saying that looking back at the 2025 property market, it ushered in a year where property prices bottomed out and rebounded due to many favorable factors. Residential transactions rose significantly. Among them, 35 housing estates increased more than 7% in the past year. Midland Property analyst Shum Chung-kim pointed out that according to data from the Associated Press, 35 large housing estates across Hong Kong recorded a total of 3,358 transactions in the past year (December 30, 2024 to December 28, 2025), up about 7.4% year-on-year from 3128 in the previous year (January 1 to December 29, 2024). It can be seen that property market trading is improving this year.

Entering the end of the year, the trend continued. Even though many citizens traveled abroad during the long Christmas holidays, the trend in second-hand sales volume remained relatively stable last week, with only a slight decline from week to week. According to data, 35 housing estates recorded a total of 71 transactions in the past week (December 22 to December 28). Although 73 cases were slightly reduced by 2 weekly cases from the previous week, they remained at a high level of 70 or more, and were still more than 9% higher than the average of about 65 cases per week this year; if compared with only 36 cases in the same period last year (December 23 to December 29, 2024), there was a significant increase of about 97% year-on-year. It can be seen that, also affected by holiday factors, the second-hand property market atmosphere has improved markedly this year, and the desire to enter the market has increased significantly compared to last year.

Looking back at the weekly performance of 35 housing estates in the last week of this year, if divided into three districts, the number of cases in the New Territories increased week by week. The 17 housing estates in the district recorded 24 transactions last week, an increase of about 9.1% on a weekly basis. While there were 2 more cases in Singapore City and Kingswood Villas, and 1 case each at Tsuen Wan Centre, Wave Cui Garden, Shatin First Town and Discovery Bay. Even though Belvedere Garden and Luyang Xincun dropped 2 cases, Sun Tuen Mun Centre and Sun Yuen Long Centre each decreased by 1 case, unhindered the rise in trading in the New Territories last week.

Ten housing estates in the Kowloon district recorded 28 transactions last week, a decrease of about 6.7% from week to week. Among them, Harbour View Garden and Telford Gardens had the same decrease of 4 cases, and Victoria Harbour had 2 fewer cases; even though Laguna City and Douyiju increased by 4 and 3 cases respectively, and Metropolis City also increased by 1 case, the number of cases in Kowloon declined last week. Trading on Hong Kong Island declined from week to week. Eight housing estates in the district recorded 19 transactions last week, a decrease of about 9.5% from week to week. Within the region, Haiyi Peninsula, Chi Fu Garden and Nan Fung New Village dropped 3 cases, while Lei King Wan and City Garden dropped 2 cases and 1 case respectively. Even though Taikoo Shing and Kornhill Garden increased by 6 and 4 cases respectively, trading on Hong Kong Island declined.