Hong Kong Property Market: 6,137 residential property transactions were registered in January, the second highest in 7 months.

The Director of the Research Department of Hong Kong Property, Mr. Wang Pindi, stated that according to the latest data from the Land Registry, there were 6,137 registrations for residential properties (including first-hand private housing, second-hand private housing, and second-hand public housing) in January. Although this is a decrease of about 7.7% from the 6,650 registrations in December last year, it is still the second highest in seven months, indicating that registration levels are still hovering at a relatively high level. In fact, compared to the 3,850 registrations in January last year, the number has increased by nearly 60%. Given that it takes time from signing the sales contract to submitting it for registration at the Land Registry, the registrations in January 2026 generally reflect the market conditions in December 2025. If we compare the registration volumes of residential properties (including first-hand private housing, second-hand private housing, and second-hand public housing) in January on a year-on-year basis by district, there were 1,085 registrations in the Hong Kong Island district, an increase of about 58.9% from the same period last year; 2,278 registrations in the Kowloon district, an increase of about 84.6% from the same period last year, with the most significant increase among the three districts mainly due to the more than 2.3 times increase in first-hand registrations compared to the same period last year. Calculated based on the registration volumes of the first three new developments in each district (Po Lam Peak in Yau Tong, Double Coast in Kai Tak, and Kai Tak Bay), there were a total of 301 first-hand registrations, surpassing the 239 registrations in the same period last year in the Kowloon district; and 2,774 registrations in the New Territories district, the highest among the three districts, an increase of about 43.5% from the same period last year. In terms of the amounts, there were 2,764 registrations for residential properties priced at 5 million Hong Kong dollars or less, the highest among all amount categories, an increase of about 35.8% from the 2,035 registrations in the same period last year; 2,388 registrations for residential properties priced over 5 million but less than 10 million Hong Kong dollars, an increase of about 82.6% from the 1,308 registrations in the same period last year; and 985 registrations for residential properties priced over 10 million Hong Kong dollars, an increase of about 94.3% from the 507 registrations in the same period last year, the most significant increase among all amount categories.