Group 1 - The Hong Kong real estate market is experiencing a period of adjustment, with both mainland Chinese buyers purchasing properties in Hong Kong and local buyers showing interest in mainland properties [1] - In April 2025, there were 1,207 cases of buyers using Mandarin pinyin to enter the market, slightly down from 1,212 in March, but maintaining over 1,000 cases for two consecutive months, indicating sustained activity from mainland buyers [2] - The total market value of mainland buyers in Hong Kong reached over HKD 11.4 billion in April, up over 8% from HKD 10.5 billion in March, marking the second consecutive month exceeding HKD 10 billion and the highest in nearly five months [2] Group 2 - The average transaction price for second-hand subsidized housing in April was approximately HKD 3.771 million, a slight decrease of 0.6% from March, reaching an eight-and-a-half-year low [2] - In the first four months of 2025, there were 3,782 cases of mainland buyers entering the market, with a total investment of over HKD 34.3 billion, although this represents a year-on-year decline of 7.6% in cases and 26% in total investment compared to the same period in 2024 [3] - The proportion of low-priced transactions (HKD 5 million or below) for both first-hand and second-hand properties has increased significantly, with first-hand low-priced transactions reaching 45%, the highest in 16 years, and second-hand low-priced transactions at 51%, the highest in nine years [3] Group 3 - Over 35,000 applications for talent entry programs were approved in the first four months of 2025, contributing to increased housing demand in Hong Kong [4] - As of May 21, 2025, the total number of property sale contracts registered in Hong Kong was 3,980, with a total value of HKD 33.278 billion, showing a decline in both first-hand and second-hand transactions compared to April [4] - The market is expected to see continued interest from mainland buyers, driven by favorable market conditions and decreasing funding costs, which are anticipated to support transaction volumes [4]
香港房价仍在降,今年前四个月近四千名内地客在港买房