The Hong Kong Centaline City Leading Index (CCL) increased by 0.24% on a weekly basis to reach 140.27 points, marking a new high since early August last year.

The latest Central Plains city leading index CCL reported 140.27 points, up 0.24% weekly, with CCL breaking above 140 points again, reaching a 61-week high since early August 2024. Yang Mingyi, Senior Joint Director of the Research Department of Central Plains Real Estate, pointed out that the data reflects the policy report on September 17, the Fed and Hong Kong banks restarting interest rate cuts on September 18, the Hang Seng Index briefly breaking through the 27,000-point mark to reach a more than 4-year high for the week's market conditions. The policy report has a positive impact on the property market, and with the benefit of interest rate cuts and a strong stock market, the property market sentiment has improved, stimulating buyers' confidence in the market. Overall property prices are gradually trending upwards, with the CCL aiming to challenge 143.02 points, currently differing by 2.75 points or 1.96%, with expectations of achieving this by the fourth quarter. Interest rates fell in May this year, property prices began to bottom out and rise slightly, with the CCL compared to the peak interest rate in May, falling below the 135.16-point low point by 3.78%, resulting in a temporary 1.92% increase in property prices in 2025. The index, compared to the low point prior to the Financial Bureau case in March 2025, increased by 3.99%, by 3.25% compared to the low point before the first interest rate cut in September 2024, and dropped by 26.69% compared to the historical high of 191.34 points in August 2021. On October 7, 56 units were released for sale at Lun Yuet in Yau Tong, Woodis in Wan Chai announced the first price list for 50 units on October 8, gold prices broke through the ceiling, with spot gold prices surpassing $4,000 per troy ounce for the first time. On October 9, Po Lo III on Kam Sheung Road in Yuen Long announced the first batch of price lists for 138 units, and Lang Tian Peak in Yuen Long released 63 units for sale. HSBC Holdings (00005) plans to privatize Hang Seng Bank and delist it from the Hong Kong stock market, with the impact on local second-hand property prices reflected in the CCL to be announced at the end of October 2025. The Central Plains city's large-scale housing estate leading index CCLMass reported 142.02 points, up 0.55% weekly, reaching a 66-week high since the end of June 2024. CCL (small and medium-sized units) reported 140.54 points, up 0.46% weekly, reaching a 65-week high since early July 2024. CCL (large units) reported 138.86 points, down 0.91% weekly, ending two weeks of consecutive gains. Property prices in the four districts maintain a pattern of three declines and one rise. CCL_Mass in Hong Kong Island reported 143.86 points, with a drop of over 3% last week, rebounding by 5.45% this week, the largest increase since June 2019 (327 weeks), reaching a 72-week high since mid-to-late May 2024. CCL_Mass in Kowloon reported 138.01 points, down 0.53% weekly, with a total decline of 1.16% over two weeks. CCL_Mass in the Eastern New Territories reported 156.43 points, down 1.20% weekly, still the second highest in 73 weeks since mid-to-late May 2024. CCL_Mass in the Western New Territories reported 127.48 points, down 1.42% weekly, with a total decline of 1.70% over three consecutive weeks. In the eight major property price indices in 2025, CCL has risen by 1.91% this year, CCLMass by 2.82%, CCL (small and medium-sized units) by 2.58%, CCL (large units) by 1.41%, Hong Kong Island by 3.82%, Kowloon by 3.14%, the Eastern New Territories by 5.43%, and the Western New Territories by 0.69%.