Ministry of Finance: About 30% of the purchasing power in the first two months comes from buyers from the mainland, involving more than 1.7 billion Hong Kong dollars.

date
19:45 24/03/2026
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GMT Eight
Compared with the same period last year, the number of mainland Chinese buyers buying large properties has increased by about 3.8 times, the number of units purchased has increased by about 4.8 times, and the amount invested has also increased by 3.2 times.
Cen Songqian, an analyst at Midland Realty, pointed out that according to data from the Land Registry compiled by Midland Realty Research Center, a total of 232 cases of bulk purchases (where the same buyer purchases more than one unit in the same month and same new development) were recorded in the first two months of this year, involving 629 units and approximately HK$6 billion; among them, mainland Chinese buyers (identified by the English spelling of buyer's name) accounted for 72 cases, involving 198 units and approximately HK$1.76 billion, representing about 30% in terms of number of cases, units, and amount. Compared to the same period last year, the number of cases of bulk purchases by mainland Chinese buyers has increased by about 3.8 times, the number of units has increased by about 4.8 times, and the investment amount has also increased by 3.2 times. Cen Songqian further stated that in terms of regional distribution, the area where mainland Chinese buyers invested the most in bulk purchases in the first two months of this year was in Kowloon City District, with a total of approximately HK$610 million, accounting for 34.7%; among them, Tai Heng Court had the largest investment of approximately HK$330 million, followed by The Henley, Fairview Park, and Double Cove, each recording over HK$80 million. The next highest was in Sai Kung District, with a total investment of approximately HK$570 million, all of which came from Sierra Sea; noteworthy is that in terms of units, Sai Kung District involved 97 units, the highest among all districts. The third to fifth places in terms of investment amount were North Point, Tsim Sha Tsui/Jordan, and Hung Hom/Kwun Tong/Yau Yat Chuen, involving approximately HK$210 million, HK$100 million, and approximately HK$48 million, respectively. All of the investments in North Point were from Grand Villa, while Tsim Sha Tsui/Jordan District was led by The Aurum, and the Hung Hom/Kwun Tong/Yau Yat Chuen District included The Haddon and The Parkville projects.