JLL: It is expected that prices of small to medium residential buildings in Hong Kong will fall by 5% this year, while the decline in luxury homes will be adjusted to 5%-10%.

According to the Zhongtong Finance and Economics APP, Jones Lang LaSalle has released a report titled "Hong Kong Property Market Review and Outlook for the First Half of 2025." Paul Zhong, Chairman of Jones Lang LaSalle Hong Kong, stated that in terms of property prices, he expects prices of small and medium-sized residential properties to fall by 5% this year, driven by the continuous increase in non-local professionals and students entering the city. Residential rents are expected to reach a historical high. Due to an increase in the sale of commercial properties due to financial difficulties, affecting owners who also hold luxury properties, the forecast for luxury property prices has been adjusted from an initial decrease of 5% to a decrease of 5% to 10%.