Core Viewpoint - The Hong Kong property market shows signs of recovery with the latest Centaline Property Index reporting 131.87 points, reflecting a week-on-week increase of 0.16% and a year-to-date increase of 2.92% [1] Group 1: Market Trends - The Centaline Property Index has risen by 0.69% compared to four weeks ago, indicating a positive trend in the market [1] - The confidence index, which reflects the owners' listing attitude, is at 76.1 points, up 0.3% week-on-week, and has remained above 75 points for 14 consecutive weeks [1] - The confidence index has been above the average for 49 weeks, suggesting a strong potential for continued price increases in the Hong Kong property market [1] Group 2: Regional Price Changes - The Centaline Kowloon Property Index is at 137.3 points, up 0.37% week-on-week, while the New Territories Index is at 121.37 points, up 0.23% [1] - In contrast, the Centaline Hong Kong Island Property Index is at 134.58 points, reflecting a week-on-week decrease of 0.6% [1] - Comparing to four weeks ago, Kowloon and New Territories have increased by 0.93% and 1.04% respectively, while Hong Kong Island has decreased by 0.97% [2] Group 3: Year-to-Date Performance - Year-to-date, Kowloon and New Territories have seen increases of 4.79% and 2.7% respectively, while Hong Kong Island has experienced a decline of 0.99% [2]

Core Insights - The overall confidence index for the Haixi region in Q1 2025 is 111.61 points, showing a slight decrease of 0.43 points from Q4 2024 but an increase of 2.08 points year-on-year compared to Q1 2024 [2][3] Financial Confidence - The financial confidence index stands at 111.65 points, with a quarter-on-quarter decrease of 0.45 points but a year-on-year increase of 2.20 points [6] - The financial investment plan index is at 111.95 points, down 0.35 points from the previous quarter but up 1.30 points year-on-year [6] Tourism Confidence - The tourism confidence index is recorded at 114.73 points, reflecting a decrease of 0.37 points from the previous quarter but an increase of 2.13 points year-on-year [5] - The tourism plan index is at 114.85 points, down 0.35 points quarter-on-quarter but up 2.40 points year-on-year [5] Consumer Confidence - The consumer confidence index is at 110.31 points, with a quarter-on-quarter decrease of 0.43 points and a year-on-year increase of 2.08 points [2][3] - The consumer index remains the lowest among the four categories, impacting the overall index negatively [3] Health Confidence - The health confidence index is at 113.70 points, showing a decrease of 0.38 points from the previous quarter but an increase of 1.92 points year-on-year [10] - The general health status index is at 112.85 points, down 0.40 points quarter-on-quarter but up 1.90 points year-on-year [10] Living Conditions and Employment Confidence - The living conditions index is at 111.83 points, with a quarter-on-quarter decrease of 0.42 points but a year-on-year increase of 2.05 points [7] - The employment confidence index shows a year-on-year increase of 7.90 points, reaching 110.20 points [7] Durable Goods Investment - The durable goods investment index is at 109.88 points, down 0.40 points quarter-on-quarter but up 2.08 points year-on-year [9] - The real estate purchase confidence index is at 109.50 points, reflecting a decrease of 0.30 points from the previous quarter but an increase of 2.20 points year-on-year [9] Construction Confidence - The construction confidence index is at 112.35 points, with a quarter-on-quarter decrease of 0.45 points but a year-on-year increase of 2.10 points [9]