Midland Realty: Hong Kong's property market successfully "counterattacked" this year, with property prices expected to continue rising by approximately 10% to 15% next year.

The CEO of America Group, Ma Taiyang, pointed out that by 2025, Hong Kong's property market will successfully "counterattack", with residential property transactions steadily increasing and property prices stabilizing and rebounding. This is the first time in four years that the "quantity, amount, and price" have all risen together. He also mentioned that looking ahead to next year, the property market is expected to continue to improve, with prices likely to rise by around 10% to 15% due to multiple factors driving the market. Developers are expected to continue actively selling new projects and existing unsold units, and it is believed that the annual first-hand transaction volume may increase by about 5% to 21,000 cases, reaching a record high. The second-hand transaction volume is expected to increase by about 9% to around 50,000 cases, reaching a 5-year high.