{"id":8607,"date":"2026-04-24T08:57:58","date_gmt":"2026-04-24T08:57:58","guid":{"rendered":"http:\/\/forefrontnews.cn\/?p=8607"},"modified":"2026-04-24T08:57:58","modified_gmt":"2026-04-24T08:57:58","slug":"hong-kong-property-prices-rise-nine-times-in-a-row-a-subsidiary-of-an-a-share-company-paid-hk-124-million-to-buy-12-apartments-at-a-time","status":"publish","type":"post","link":"http:\/\/forefrontnews.cn\/?p=8607","title":{"rendered":"Hong Kong property prices rise nine times in a row! A subsidiary of an a-share company paid HK $124 million to buy 12 apartments at a time"},"content":{"rendered":"

Hong Kong property market ushered in the\u201cSpring\u201d, volume and price rise of the golden period continues.<\/p>\n

According to Hong Kong rating and valuation department data showed that as of February 2026, Hong Kong’s Property Price Index has recorded a month-on-month growth of 1.59% , to achieve\u201cNine-year increase.\u201d. If the march rally continues, only the first quarter of the increase will be equal to the full year of 2025, will also realize the property price index\u201cTen straight up.\u201d.<\/p>\n

The hot streak continued in April. According to the latest data from the Hong Kong Land Registry, there were 4,623 residential property registrations in the first 21 days of April, the 7,000 mark is expected to be crossed for the month.<\/p>\n

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Real estate investment enthusiasm is high, the most prominent feature is the\u201cBig Hand\u201d frequent. One-time buy 8-10 suites of investors abound, but also the mainland listed company through its subsidiaries, China Taiyue one-time splashed HK $124 million swept into a new project 12 units.<\/p>\n

Driven by the primary market, transactions of second-hand residential buildings picked up synchronously, with the number of secondary registrations of HK $10 million reaching a new high in nearly four years. The local demand and the external demand brought about by the talent policy have jointly supported the Hong Kong property market to go up.<\/p>\n

Volume and price continues to rise, developers still focus on\u201cDestocking\u201d<\/p>\n

Hong Kong’s property market has been on the rise for months, with prices continuing to rise in step with transactions. This year in Hong Kong, a number of new sale site, you can see the lively queues.<\/p>\n

\"20260424075923_69eab25b1b755\"<\/p>\n

Hong Kong a new market opening site queues<\/p>\n

The number of first-hand residential transactions in Hong Kong reached 7,721 as of April 20, up 56.7 percent from 4,927 in the same period last year, not only surpassing the high of 6,939 in the same period in 2019, according to Hong Kong real estate data, it also set a new high for the same period since the implementation of the first-hand sales ordinance in 2013. Based on last year’s record high of more than 20,000 primary transactions, the volume of transactions in less than four months this year has reached 38% of last year’s total, and market activity has increased significantly.<\/p>\n

It is noteworthy that the\u201cEnd of the market\u201d(that is, not sold out of inventory items before) become the absolute main force of transactions. Yang Mingyi, senior joint director of the Central Plains Real Estate Research Department, pointed out that in the first quarter of 2026, the number of new inventory of first-hand private housing was 16,672, which was below 20,000 for two consecutive quarters, it was the lowest in 14 quarters (31\/2 years) after 16,340 in the third quarter of 2022. Tail volume fell for four consecutive quarters, a total of 5,982.<\/p>\n

According to Wang Pindi, as of April 20 this year, about 53.6 percent (4,137 cases) of the first-hand transactions were sold in 2025 or before, the core reason is that the inventory of the tail is large, developers are actively pushing new at the same time, but also in the full digestion of inventory.<\/p>\n

Will developers raise prices while it’s Hot? Wang Pindi believes there are still more than 17,000 units in stock, despite ideal tail removal. The goods end market is a project that had already been quoted before. At that time, it could not be sold because of bad market conditions. Now the market is warming up and property prices have begun to rise. If developers are not in a hurry to sell in some goods end markets, there may be a slight increase in prices, partly because inventories are still large and prices haven’t been adjusted, which is basically the same as when it was launched. \u201cWe have seen that developers who are interested in de-pricing will basically take advantage of the market to set prices that are relatively attractive and ensure that subsequent transactions can be concluded in the market. The core is still to sell mainly by volume.\u201d<\/p>\n

Overall, Hong Kong developers are still confident about the future, and the land market is favored. On 21 April, local developer Sino Land (HK00083) teamed up with China Overseas Development (HK00688) , Eagle King (HK00041) and China Merchants Land Limited (HK00978) to win the second phase of the development.<\/p>\n

The project is the first large-scale development project in the northern metropolitan area, with a total investment of more than HK $13 billion, said Huang Yongguang, chairman of sino-land.<\/p>\n

Mainland companies to buy 12 sets of second-hand market growth<\/p>\n

The continued stability of the property market and the high rental yields of residential properties have led to an increase in the number of one-off buyers in the Hong Kong property market this year.<\/p>\n

The Associated Property Research Center compiled data from the Hong Kong Land Registry and showed that, the number of known large purchasers (i.e. the same buyer buying more than one unit in the same month and in the same new issue) was 268 in the first quarter of this year, up by about 41.1% compared with the previous quarter, in terms of investment, the above units involved about HK $7.24 billion, up about 20% on a quarterly basis, visible regardless of the\u201cAmount\u201d with the creation of\u201cSpicy\u201d(withdraw or relax to curb overheating in the property market and the implementation of regulatory measures) after the new high.<\/p>\n

\"20260424075923_69eab25ba110d\"<\/p>\n

Photograph: Ap Hong Kong<\/p>\n

Mainland buyers and companies have been scouring Hong Kong this year. A luxury property in Stanley’s Jute Point Road has been sold for more than HK $110 million to a mainland family.<\/p>\n

In addition, the reporter’s inspection of the Hong Kong Land Registry found that, camel Games Limited and Hong Kong Ke Mo Software Co. . , LIMITED) to buy 12 flats in Kennedy Bay, a new development in Hong Kong, average sales ranged from HK $8.96 million to HK $13.76 million, or about HK $124 million.<\/p>\n

The reporter inquired Hong Kong company registry information, eye in the sky and related company annual report found that Hong Kong Shell Wood Software and Hong Kong Como software shares after the penetration of the actual shareholders are pointing to the same mainland listed company China Taiyue (300002.Sz) .<\/p>\n

The shareholder of Hong Kong Shell Wood software is Beijing Shell Wood Software Co. , Ltd. (hereinafter referred to as Beijing Shell Wood Software) , and the sole director is named Yi Lv, and the legal representative of Beijing Shell Software is David Mao, chairman and president of Cathay Pacific. Hong Kong Como software is in the list of overseas subsidiaries of China Taiyue, its only director is Mao David, the company shareholders for Hainan Shell Wood Software Co. , Ltd. , legal representative for the law.<\/p>\n

 <\/p>\n

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Such enthusiasm is attracted by the rate of return on rent. Associated Properties senior director Bo Shaoming told reporters that West Kowloon has a new project due to rental return is expected to exceed 4% , so attracted investors. He shares that he has clients who buy eight flats at a time to invest and collect rent, with almost HK $60m involved. Jianhao real estate investment and sales director Zheng Zhirong also confirmed that the project in the first round of sales, investors accounted for about 90% , one-time purchase of 8 suites have two groups of customers.<\/p>\n

The heat in the primary market is rapidly spreading to the secondary market.<\/p>\n

Wang has seen registrations of more than HK $10m hit a four-year high. He explained that because some buyers in the hot first-hand project lottery failed to win, and turned to the same district or adjacent areas of the second-hand housing.<\/p>\n

Wang qinxue, Yuen Long Regional Operations Manager of CENTALINE property, said that a second-hand house in the area was recently sold for HK $12.6 million, while the original owner bought it for HK $11.105 million last July and held it for about nine months, paper profit of HK $1.495 m, up 13.5 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong property market ushered in the\u201cSpring\u201d, volume and price rise of the golden period continues. According to Hong Kong rating and valuation department data showed that as of February… <\/p>\n","protected":false},"author":2,"featured_media":8610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[263,264],"tags":[4739,371,4740,4738],"views":28,"_links":{"self":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/8607"}],"collection":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8607"}],"version-history":[{"count":1,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/8607\/revisions"}],"predecessor-version":[{"id":8611,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/8607\/revisions\/8611"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/media\/8610"}],"wp:attachment":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8607"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}