Midland: Year-to-date registrations for Hong Kong second-hand private residential properties have reached HK$280.8 billion, a 5-year high

Midland: Year-to-date registrations for Hong Kong second-hand private residential properties have reached HK$280.8 billion, a 5-year high In 2026, transactions in Hong Kong's mid-to-high-priced second-hand private residential properties were notably active, driving year-to-date registrations for second-hand private residential properties to surpass last year's full-year total ahead of schedule. Midland Realty analyst Sam Shum Chung-him pointed out that this year (as of October 26), registrations for second-hand residential properties (including private residential and public housing) totaled about HK$329.6 billion; counting private residential properties alone, registrations amounted to about HK$298.7 billion, already exceeding last year's full-year total of about HK$280.8 billion by more than 6% and setting a 5-year high. Shum continued that the year-to-date registrations for second-hand private residential properties surpassing last year's full-year total ahead of schedule was mainly driven by brisk transactions in mid-to-high-priced properties. According to data, this year (as of October 26), registrations of second-hand private residential properties priced above HK$20 million recorded 1,709 cases, about 20.6% higher than last year's full-year figure; those priced above HK$10 million to HK$20 million recorded 4,777 cases, also about 18.7% higher than last year's full-year figure; those priced above HK$6 million to HK$10 million rose slightly compared with last year's full-year figure, while those priced at HK$6 million or below fell short of last year's full-year level. The active transactions in mid-to-high-priced properties this year were driven by upgraders and luxury home buyers entering the market. By the 18 districts, this year (as of October 26), the Central and Western District recorded the highest registrations for second-hand private residential properties at about HK$35 billion; Kowloon City (including Kai Tak, Hung Hom, To Kwa Wan, Ho Man Tin, Kowloon Tong, etc.) ranked second with about HK$33.1 billion; Yau Tsim Mong (including Olympic Station, Tai Kok Tsui, Kowloon Station, Yau Ma Tei, Mong Kok, Tsim Sha Tsui, etc.) ranked third with about HK$26.2 billion. They were followed by the Eastern District and Sai Kung District (including Tseung Kwan O), which made the top five with about HK$24.9 billion and about HK$23.7 billion respectively. The above 5 districts alone recorded a total of about HK$142.9 billion, accounting for nearly 48% of the territory-wide registrations for second-hand private residential properties during the same period. It is worth noting that the estates with higher registration amounts in these 5 districts include The Belcher's, The Merton, Laguna Verde, The Sorrento, Taikoo Shing, Grand Promenade, The Wings, and others, all of which are mid-to-high-priced estates.