中原地产：香港1月楼宇买卖登记回落1成半 仍为近14个月次高

Core Insights - In January 2026, Hong Kong's overall property transactions recorded 7,622 cases with a total value of HKD 57.156 billion, representing a decline of 15.3% in volume and 12.1% in value compared to December 2025 [1] - Despite the drop in transactions, January's figures are the second highest in nearly 14 months, indicating a seasonal slowdown due to the Christmas holiday [1] - The market atmosphere is expected to warm up in February, although the number of working days will be reduced due to the Lunar New Year holiday, potentially affecting registration numbers [1] Group 1: New Residential Sales - In January, new residential sales recorded 1,539 transactions worth HKD 19.16 billion, down 11.1% in volume and 7.1% in value from December 2025 [1] - The number of new sales reached an 11-month low, while the total value hit a 5-month low, attributed to developers slowing down their sales during the Christmas period [1] - Notably, new sales have exceeded 1,500 transactions for 11 consecutive months, a record not seen in over 30 years [1] Group 2: Top New Developments - The highest number of registrations in January was for Kwun Tong Jun Yan (public housing), with 526 transactions valued at HKD 2.119 billion [2] - Other notable developments included Yau Tong Pak King Fung with 156 transactions at HKD 914 million, and West Sai Sha Sierra Sea Phase 2A with 90 transactions at HKD 551 million [2] - The sales momentum in large new developments is expected to continue, with projections for February indicating a potential approach to 2,000 transactions [1] Group 3: Secondary Residential Market - In January, the secondary residential market recorded 3,912 transactions worth HKD 29.03 billion, a slight decrease of 0.9% in volume and 4.3% in value compared to December 2025 [2] - The transaction volume remains close to 4,000, marking the second highest level in 21 months, while the total value is the third highest in the same period [2] - The sustained buyer activity during the Christmas period suggests a strong purchasing power leading into February [2] Group 4: Major Estates Performance - Major estates in January included Mei Foo Sun Chuen with 36 transactions (totaling HKD 249 million), and Ka Hau Shan Chuen with 34 transactions (totaling HKD 150 million) [2] - Other significant estates were Taikoo Shing with 32 transactions (totaling HKD 318 million) and Shatin First City with 31 transactions (totaling HKD 147 million) [2]