Hong Kong property tycoon Gordon Wu expressed strong optimism about China's future, citing its stability and the hard work of its people. Receiving the Game Changer Award, the 90-year-old founder of Hopewell Holdings stated he has bet on China since 1978 and believes its stability will sustain its rise, contrasting it with the US.
Mainland Chinese buyers significantly increased their Hong Kong property purchases in the first four months of 2026, acquiring over 41% of last year's total. April saw a nearly 48% month-on-month rise in registrations, reaching a two-year high.
Hong Kong's land registry reported 8,537 property sale contracts in May, marking the second month above 8,000 and the first consecutive strong market in five years. Residential sales also saw a significant year-on-year increase.
Hong Kong's property market is showing signs of improvement, with residential prices expected to rise in 2026 due to lower mortgage rates and demand from mainland China. Lived-in home prices reached a 28-month high in March, and overall home sales climbed significantly in April.
Sun Hung Kai Properties' project in Hong Kong's New Territories saw hundreds of buyers, with 121 flats sold out despite a price increase, indicating strong market confidence and a sustained upward cycle.
The competition could intensify at tenders for Hong Kong’s residential plots as developers replenish their land banks amid a recovering property market, with the tug of war testing their financial discipline as they bid for parcels at a “noticeable premium”, according to S&P Global Ratings, though some analysts believe that the return of confidence is warranted given robust demand for housing units. The credit-rating agency also forecast a relatively modest residential market recovery, which...
Hong Kong property transactions surged to a four-month high in April, while the value and volume of home sales hit their highest level in 24 months, according to the latest official data, underscoring the resilience of the city’s real estate sector amid uncertainties over interest rates and the US-Israel war on Iran. A total of 8,692 transactions across homes, offices, shops, car parking spots and industrial spaces were concluded last month, up 12.3 per cent from March’s 7,737 deals, according...
Morgan Stanley has upgraded its Hong Kong property market forecasts, projecting 12% home price growth in 2026 (up from 10%) and 5% in 2027. The residential upturn is spilling over to struggling office and retail sectors, with retail sales forecast to rise 5% this year. Shop rents declined 1.1% in Q1 but are expected to turn positive by year-end, following a 10% decline in 2025.
Hong Kong's property prices rose 2.4% in March 2026, accelerating from February's 1.8% increase and surpassing Q4 2025's 2.11% growth. Rental prices extended their upward trend, reaching another historic high since February 2023. The data reflected the first full month of market movement following the US-Iran conflict that began with coordinated strikes on Tehran's government and military sites on February 28.
