Hong Kong Property Market: The number of registered second-hand residential properties exceeded 10 million Hong Kong dollars in 2025, with a total of 5335 transactions, reaching a new high in 3 years.

The director of the Hong Kong property research department, Wang Pin-di, stated that according to data from the Hong Kong Land Registry, as of December 23, 2025, there were 5335 registered transactions of second-hand residential properties valued over 10 million Hong Kong dollars, an increase of approximately 14.6% from the 4656 transactions in 2024, reaching a new high in 3 years. Compared to the total of 45331 registered transactions of second-hand residential properties (including second-hand private residential and public housing) as of December 23, 2025, an increase of approximately 11.3% from the 40734 transactions in 2024, the growth rate of registered transactions of second-hand residential properties valued over 10 million Hong Kong dollars exceeded the overall market. The proportion of these high-value transactions in the total registered transactions of second-hand residential properties increased from a low of approximately 11.4% in 2024 to around 11.8% in 2025 (as of December 23). In terms of the performance of registered transactions of second-hand residential properties valued over 10 million Hong Kong dollars in 2025 (as of December 23) divided by districts, the Hong Kong Island district recorded the highest number with 1968 transactions, an increase of approximately 14.4% from 1720 transactions in 2024; the Kowloon district recorded 1715 transactions, an increase of approximately 19.4% from 1436 transactions in 2024, showing the most significant growth among the three districts; the New Territories district recorded 1652 transactions, an increase of approximately 10.1% from 1500 transactions in 2024. In terms of the ranking of residential estates in terms of registered transactions of second-hand residential properties valued over 10 million Hong Kong dollars in 2025 (as of December 23), Nam Cheong took the top spot with 162 registered transactions, an increase of approximately 30.6% from 124 transactions in 2024; Tai Koo Shing ranked second with 115 transactions, a decrease of approximately 6.5% from 123 transactions in 2024; Discovery Bay ranked third with 100 registered transactions of second-hand residential properties valued over 10 million Hong Kong dollars, an increase of approximately 66.7% from 60 transactions in 2024.