Lijiage: Hong Kong's overall property prices are expected to increase by about 7% next year, with rents rising by approximately 3% for the whole year.

Ricacorp Properties President Liu Weiqiang stated that he believes the property market in Hong Kong will continue to rise steadily next year, showing signs of steady recovery. He predicts that overall property prices can increase by about 7% in 2026, with small to medium-sized residential property prices expected to rise by 6-8% for the whole year; while high-end property prices are expected to increase by 8% due to improved market conditions, low base from previous years, and support from investment immigrants and high-skilled individuals entering the market. In terms of rental, due to significant increases in the past and increased supply from rentals to purchases and investors entering the market, rental increases are expected to narrow in 2026, with an annual increase of only 3%, with small to medium-sized residential rentals and luxury rentals expected to increase similarly. According to data from the Land Registry, as of December 8th this year, there were a total of 54,104 private residential property transactions in Hong Kong in 2025, involving approximately 471.055 billion Hong Kong dollars. Based on trends, it is estimated that the total number of transactions for the whole year will eventually reach about 57,200, an increase of 18% from the approximately 48,400 transactions in 2024, achieving two consecutive years of increase, and reaching the highest property transaction value in nearly 4 years. In terms of property transaction value, it is predicted to increase by 13% to approximately 497 billion Hong Kong dollars for the whole year, also achieving two consecutive years of increase and the highest in nearly 4 years. In summary, for the first-hand residential property market in 2025, up to December 8th, there were 18,819 transactions and 209.276 billion Hong Kong dollars in transaction value, it is estimated that the total number of transactions for the whole year will reach about 19,940 and approximately 221 billion Hong Kong dollars in transaction value, increasing by 23% and 7% respectively compared to the previous year. The number of first-hand residential property registrations has seen an increase for three consecutive years, reaching close to the highest in nearly 6 years and the second-highest in nearly 21 years. The average transaction price for first-hand residential property in 2025 is expected to be 11.08 million Hong Kong dollars, a decrease of about 12.7% compared to the previous year, largely due to a higher proportion of lower-priced properties being registered during the year. As of December 8th this year, there were 35,285 transactions and 261.779 billion Hong Kong dollars in transaction value for second-hand residential properties, with the total number of transactions for the whole year expected to reach about 37,200, an increase of 16% from the approximately 32,200 transactions in 2024, marking two consecutive years of increase and surpassing the historic lows of 2023, reaching a new high in nearly 4 years. The total transaction value for the whole year is expected to reach 276 billion Hong Kong dollars, an increase of 18% compared to the previous year, marking the first rebound after three years of decline and reaching the highest in nearly 4 years; with the simultaneous increase in transaction values reflecting further recovery in the property market. The average transaction price for second-hand residential properties in 2025 is expected to be 7.41 million Hong Kong dollars, a slight increase of about 1.5% compared to the previous year.