Lee Gardens: It is expected that the prices of small and medium-sized residential buildings in Hong Kong will increase by 8% in the second half of the year, while the rental growth rate is expected to narrow to 3%.

Ricacorp Properties director Zheng Jianliang pointed out that entering 2026, the Hong Kong property market has continued to heat up following the prosperous market at the end of last year. Developers have repeatedly sold out large new projects at market prices, leading to a positive trend in the secondary market. With the booming stock market and IPOs at the beginning of the year, major banks have raised their price increase forecasts to double digits, making the overall market optimistic about the future and accelerating the momentum of rising prices and trading volume. With the increasing demand for high-end talent and international students in renting, as of April this year, the rental of small and medium-sized residential properties in Hong Kong (based on data from the Rating and Valuation Department of Hong Kong) has increased by more than 1.3%. With the peak season approaching in the summer, it is expected that the rental in the first half of the year will ultimately increase by 4.5%; as for luxury homes, under the strong rental demand, the rental increase for the first half of the year is expected to be as high as 5%. Looking ahead to the second half of the year, Ricacorp Properties CEO Liu Weiqiang pointed out that with the continuing release of the rigid demand for "rent-to-buy" of high-end talent, as well as the support from factors such as banks seeking value preservation for idle funds and the future tightening of new supply, the market situation will present a pattern of "slight adjustment in volume, continued rise in prices". Although the absorption of new and second-hand properties in the second half of the year may slightly decrease trading volume on a high base, it will not hinder the continued advancement of property prices. It is expected that the prices of small and medium-sized residential properties in Hong Kong will increase by 8% in the second half of the year; luxury home prices are also expected to rise by 6%, with an annual increase of over 16% and 11% respectively. As for rental performance, with the increase in new properties, the rental increase in the second half of the year for small and medium-sized residential properties is expected to narrow to 3%, with an overall increase of nearly 8% for the year, continuing to break records; while luxury home rentals are expected to increase by 5% in the second half of the year, with a total increase of about 10%. Ricacorp Properties announced that they will launch the "selected Top 60 new housing estates" index, including Kai Tak SkySky, Tuen Mun NOVO LAND, Tai Wai NOVO LAND, Wong Chuk Hang Jin Huan, etc. The selection criteria include, but are not limited to, buildings aged 15 years or less, a total of more than 600 units, a high circulation rate (generally 3% or above, subject to individual estate conditions), high registration volume, and even distribution in the region.