Group 1 - The core viewpoint of the article highlights the active real estate market in Guangzhou during the "May Day" holiday, with increased high-quality housing supply and significant marketing promotions from developers [1][2] - From May 1 to May 5, the number of visits to major residential projects reached 31,466, with a daily average increase of 181.8% compared to the pre-holiday period; the number of subscriptions was 2,093, with a daily average increase of 244.7% [1] - Year-on-year data shows that the number of visits increased by 30% and subscriptions increased by 73% during the same holiday period compared to last year [1] Group 2 - The total net signed area for new residential properties during the holiday was 79,900 m², a 4.6% increase from last year's 76,400 m²; the net signed area for residential properties alone was 70,100 m², reflecting a year-on-year growth of 35.9% [1] - Several new projects launched in late April achieved high sales rates, including the Greentown project in Haizhu District and the Longfor project in Panyu District, indicating strong market demand [2] - The average registration price of new residential properties in April was 47% higher than the market average, demonstrating developers' confidence in pricing during the holiday sales period [2]

Group 1 - The overall property transaction volume in Hong Kong for April 2025 reached 7,229 contracts, totaling HKD 501.08 billion, marking an increase of 8.5% in volume and 9.8% in value compared to March [1] - The residential property transactions recorded 5,694 contracts and HKD 421.97 billion in April, up 6.1% in volume and 8.7% in value from March, achieving the highest levels in five months [3] - The secondary residential market saw 3,830 transactions totaling HKD 292.6 billion in April, reflecting a significant increase of 29.9% in volume and 34.0% in value compared to March, reaching a new high in 12 months [4] Group 2 - The increase in property transactions is attributed to the easing of stamp duty regulations, which has positively influenced market sentiment, leading to a 67.8% rise in overall registration volume over two months [1] - The first-hand private residential market experienced a decline in April, with 1,598 transactions and HKD 136.2 billion, down 28.1% in volume and 16.8% in value from March, indicating a slowdown in new project sales [3] - The market is expected to face challenges in May, with projections indicating a drop in registration numbers to around 5,000, a decrease of approximately 30% from April [1]