Hong Kong Property Market: Last week, there were 37 property transactions in the top 20 residential areas of Hong Kong, an increase of about 60.9% compared to the previous week.

The director of the research department of Hong Kong Property, Wang Pindi, stated that according to the data recorded by its frontline branches, a total of 37 transactions were recorded in the 20 major residential areas in Hong Kong in the past week (from January 13 to January 19), an increase of approximately 60.9% compared to the previous week (from January 6 to January 12). The weekly comparison showed a significant increase, mainly due to the low base of the previous week. In fact, the number of transactions last week was similar to the average of about 39 transactions per week in 2024, indicating that the number of transactions last week was not outstanding. Observing the performance of second-hand transactions in residential areas on Hong Kong Island, Kowloon, and the New Territories last week, there were 9 transactions recorded in 4 major residential areas on Hong Kong Island, with 2 transactions recorded in Leighton Hill, doubling from the previous weeks 1 transaction. Ap Lei Chau and Tai Koo both "broke the egg," with Ap Lei Chau seeing an increase of 2 transactions and Tai Koo with an increase of 5 transactions. In the New Territories, there were 14 transactions recorded in 6 major residential areas last week, an increase of 40% from the previous week's 10 transactions; including 5 transactions recorded in Tuen Mun Town, 3 transactions in City One Shatin, and 4 transactions in Park Yoho. Tung Chung broke the egg with an increase of 1 transaction from the previous week; on the contrary, the number of transactions in Tseung Kwan O Centre decreased from 1 to zero last week. In Kowloon, there were 14 transactions recorded in 10 major residential areas last week, an increase of approximately 16.7% from the previous week's 12 transactions; including transactions in Castle Peak Bay, Uptown, Palm Springs, and Regalia Bay, all increased by 1 transaction from the previous week, with Regalia Bay seeing an increase of 2 transactions; in contrast, there were 6 transactions in Mei Foo Sun Chuen, a decrease of approximately 14.3% from the previous week's 7 transactions; Aria recorded 1 transaction, a decrease of 50% from the previous weeks 2 transactions; and Harbour Green recorded zero transactions last week, down from 1 transaction the previous week. There were 5 residential areas with zero transactions last week, accounting for a reduced percentage of 25% of the 20 major residential areas, including Lake Silver, Park Yoho, Wings At Sea, Sea Crest Villa, and Newport City.