Core Viewpoint - The Hong Kong real estate market is experiencing significant growth in transactions for properties over HKD 100 million, driven by a favorable investment atmosphere and the resumption of the US interest rate cut cycle, leading to increased liquidity in the market [1][2] Group 1: Market Performance - In the second half of the year, there have been 61 transactions of properties over HKD 100 million, totaling HKD 129.4 billion, which is more than double the 30 transactions and approximately HKD 60.9 billion recorded in the first half of the year [1] - The number of transactions is only three short of the record high of 64 transactions in the first half of 2021, indicating a strong recovery in the luxury property segment [1] - The total value of transactions is expected to challenge the levels of 70 transactions and HKD 150 billion, potentially setting a new semi-annual record since the introduction of the sales regulations [1] Group 2: Buyer Demographics - The second-hand market for properties over HKD 100 million is also active, with 33 registrations recorded in the second half of the year, surpassing the 27 registrations from the first half of last year by approximately 22.2% [2] - The total value of these transactions is around HKD 65.4 billion, which is a 16.3% increase from approximately HKD 56.2 billion in the first half of the year, marking a two-year high [2] - Mainland Chinese buyers represent about 57.1% of the known individual buyers for properties over HKD 100 million, significantly higher than the overall proportion of 22% for all residential registrations [2]
美联：料下半年香港楼市逾亿港元一手成交将创半年度纪录新高