Zheng Quan Shi Bao·2025-11-27 10:27Core Viewpoint - The Hong Kong real estate market is experiencing a positive shift due to reasonable property prices, declining mortgage rates, and rising rental income, leading to optimistic price expectations [1]. Group 1: Market Dynamics - Mainland buyers are significantly contributing to the market, with reports of properties being purchased for around 2.5 million HKD, yielding rental returns exceeding 4% [2]. - New property projects are seeing overwhelming demand, with some projects receiving over 1,200 applications for just 63 units, indicating a subscription rate of 18 times [2]. - The number of mainland buyers entering the market has increased for two consecutive quarters, with a nearly 7% rise in transactions from Q2 to Q3 this year [3]. Group 2: Policy and Economic Factors - The reduction of property taxes and lower mortgage rates due to U.S. Federal Reserve rate cuts are stimulating demand in the Hong Kong real estate market [4]. - The total property registration volume in Hong Kong has surpassed 70,000 for the first time since 2021, with a year-to-date registration amount reaching 536.83 billion HKD, exceeding last year's total [4]. - The influx of capital into Hong Kong, particularly in the IPO market, is driving demand for real estate as international financial institutions expand their presence [5]. Group 3: Future Outlook - Analysts predict that the current upward trend in the Hong Kong real estate market could last for six years, from 2025 to 2031, as the market is expected to recover from its low point [6]. - Major financial institutions, including Morgan Stanley and Citigroup, anticipate a recovery in the Hong Kong property market post-2025, entering a new upward cycle [6].