Hong Kong's first-quarter real estate transaction registrations hit a record high for the same period, with some spending as much as HKD 129M to purchase 10 properties in a single go.

Mar 2, April 2025: Hong Kong News Hong Kong’s housing market is currently leading the country on the back of strong momentum. According to data from Centaline Property, in this year’s first quarter, Hong Kong’s newly built homes recorded a cumulative 5,373 transaction registrations, with a total value of HK$62.8 billion. This represents increases of 38% and 94% year over year, respectively, setting a record high for the same period in past years.

The resurgence in market activity has attracted a large inflow of capital from both within and outside the mainland. As of March 20, Hong Kong recorded 265 “large buyers” move-in cases in the first quarter. Among them, one investor reportedly splurged HK$129 million to snap up 10 homes in one go.

This round of market has taken full advantage of “timing, location, and people”: geopolitical conflicts have prompted global safe-haven funds from the Middle East and elsewhere to pivot toward Hong Kong; rental yields and falling interest rates have driven the cycle back toward normalization; and talent programs have brought in support for genuine demand. At present, confidence in the Hong Kong market has been significantly restored. There are people who, after taking delivery of their home just one day, turned around and resold it, booking a paper profit of HK$1.1 million.