中原地产：十大屋苑周末录9宗成交 较上周减少3宗

Core Viewpoint - The Hong Kong property market is experiencing a slight decline in transaction volume, with a focus on new developments impacting the secondary market, but overall sentiment remains positive due to anticipated interest rate cuts and a stabilization in property prices [1][2]. Group 1: Market Performance - The top ten residential estates recorded 9 transactions over the weekend, a decrease of 3 transactions or 25% compared to the previous week, with 3 estates having no transactions [1]. - According to Midland Realty, the top ten indicator estates recorded approximately 10 transactions over the weekend, down about 16.7% from 12 transactions the previous weekend, but still maintaining double-digit figures for 9 consecutive weekends [1]. - For the 15 major estates, approximately 11 transactions were recorded, a decline of about 15.4% from the previous weekend's 13 transactions [1]. Group 2: Regional Breakdown - In the Hong Kong Island region, 3 estates including Taikoo Shing, Kornhill Garden, and Ocean Park recorded about 3 transactions, an increase of 50% from 2 transactions the previous weekend [2]. - In the Kowloon region, 4 indicator estates including Laguna City, Whampoa Garden, New Town Plaza, and Mei Foo Sun Chuen recorded 5 transactions, a decrease of about 28.6% from 7 transactions the previous weekend [2]. - In the New Territories, 3 indicator estates including Ying Wan Garden, Shatin First City, and The Lakeview recorded 2 transactions, down about 33.3% from 3 transactions the previous weekend [2]. Group 3: Market Sentiment and Future Outlook - The recent interest rate cuts by the Federal Reserve, although not followed by local banks, are seen as a positive signal for the market, boosting buyer confidence [1]. - The upcoming holiday season is expected to slow down transaction activity in the latter half of the month, but there is an expectation for a gradual increase in transactions post-holiday as property prices stabilize and begin to rise [1].