Beauty Union: It is expected that the number of second-hand residential property transactions in Hong Kong within 6 million Hong Kong dollars for the whole year will challenge 30,000 cases and set a new high in 11 years.
Cushman & Wakefield predicts that the total number of registered second-hand residential properties in Hong Kong priced at HK$6 million or below for the whole year will challenge the 30,000 mark, reaching a new high since 2014 after 11 years.
According to the data from the comprehensive land registration office of the US Li far research center, the registration volume of second-hand residential properties in Hong Kong below 6 million Hong Kong dollars has been outstanding this year, with a total of 28,358 registrations so far, surpassing the 27,334 registrations of the same price range in 2024, setting a new 8-year high. Based on the current trend, it is estimated that the registration volume of second-hand residential properties below 6 million Hong Kong dollars for the whole year this year will challenge the 30,000 mark, further setting a new high in the past 11 years since 2014.
Li property analyst Chan Song Qian pointed out that the registration volume of second-hand residential properties below 6 million Hong Kong dollars has been rising for 3 consecutive years, and this year's performance has once again surpassed expectations. It is believed that the decrease in interest rates and the increase in rental prices have attracted some homeowners to "lease to buy", actively searching for middle and low-priced properties to purchase; at the same time, the high rental returns of low-priced properties also attract long-term investors to enter the market. Driven by the above factors, the registration volume of second-hand residential properties below 6 million Hong Kong dollars has surpassed last year's level, and it is expected to exceed 30,000 registrations by the end of the year.
If the districts of Hong Kong are divided, as of December 8, 2025, the district with the most registrations of second-hand residential properties below 6 million Hong Kong dollars came from the New Territories. Among them, Yuen Long district recorded 2,880 registrations of properties below 6 million Hong Kong dollars for the whole year, ranking first in Hong Kong; Tuen Mun district followed closely with 2,499 registrations, ranking second; Sha Tin district recorded 2,390 registrations, ranking third.
As for the districts with more than 2,000 registrations, the fourth place goes to Yau Tsim Mong district, which recorded 2,225 registrations of properties below 6 million Hong Kong dollars, becoming the district in Kowloon with the most registrations in this price range; the fifth place goes to Eastern District of Hong Kong Island, with 2,161 registrations this year, the highest in the Hong Kong Island area.
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