Lates News

Jones Lang LaSalle's Valuation and Advisory Services Director in Hong Kong, Kelvin Kwok, stated that in May 2025, the transaction volume dropped by 10.3% monthly to 5,105 transactions. Despite the decrease, the transaction volume has remained at a relatively high level of over 5,000 transactions for three consecutive months, the first time since the downturn in the property market in 2021. Looking at the current property market situation, the organization expects this trend to continue, showing a steady increase in transaction volume, reflecting buyers' gradual confidence in the Hong Kong property market. The organization maintains its forecast of approximately 60,000 residential transactions for the whole year.