新房销售火爆！香港房价或进入上升周期，内地买家功不可没

Core Viewpoint - The Hong Kong real estate market is experiencing a resurgence, driven by reasonable property prices, declining mortgage rates, and rising rental income, leading to positive price expectations [2][8]. Group 1: Market Dynamics - The shift in the cost-effectiveness of renting versus buying has changed, with many buyers transitioning from renting to purchasing properties due to favorable conditions [2][3]. - Recent sales data indicates a strong demand for new properties, with significant oversubscription in several projects, such as New World Development's Yau Ma Tei project receiving over 1,200 applications for 63 units, an oversubscription rate of 18 times [4][6]. - The overall property registration volume in Hong Kong has reached 70,245 transactions this year, a 3.3% increase compared to last year's total of 67,979 [9]. Group 2: Buyer Demographics - Mainland buyers are playing a crucial role in the market, with a 7% increase in transactions from Mandarin-speaking buyers in Q3, totaling 3,797 transactions [6]. - The appeal of Hong Kong real estate is attributed to its investment value, identity symbolism, educational resources, and asset protection features, which continue to attract mainland clients [6][9]. Group 3: Economic Influences - The easing of property taxes and lower mortgage rates, influenced by the U.S. Federal Reserve's interest rate cuts, have reduced the financial burden on buyers, stimulating demand [9][11]. - Analysts predict that the current upward trend in the Hong Kong real estate market could last for six years, from 2025 to 2031, as major financial institutions anticipate a recovery post-2025 [11].