Group 1 - The core viewpoint of the article indicates a significant increase in Hong Kong's property market activity expected around March-April 2025, with a slight rise in the property price index observed in April-May 2025, leading banks to adopt a more positive stance on mortgage business [1] - The property price index from Midland Realty hit a low of 126.3 points in March and slightly rebounded to 127.5 points by the last week reported [1] - Factors contributing to the rebound in property prices include a "super rebound" from previous rapid declines, optimistic expectations regarding economic recovery, and a decrease in mortgage interest rates encouraging buyers to enter the market [1] Group 2 - Recent market activity shows that small and medium-sized unit buyers, along with first-time buyers, dominate the market, with popular unit prices ranging from 6 million to 7 million HKD, while units priced over 10 million HKD are experiencing lower liquidity [2] - The Hong Kong government's changes to the stamp duty policy, raising the threshold from 3 million HKD to 4 million HKD, have significantly impacted transaction volumes, with over 1,000 registrations for second-hand residential properties priced between 3 million and 4 million HKD in April, marking a new high since November 2016 [2] - The talent recruitment initiatives by the Hong Kong government have led to a reversal in the declining trend of the labor population since 2020, with 196,000 individuals arriving in Hong Kong as part of these measures [2] Group 3 - The company expresses a cautiously optimistic outlook for Hong Kong's property prices, predicting 45,000 new residential mortgage applications in 2025, ending a three-year decline since 2021, with existing home mortgages expected to rise by 10% to 55,500 applications [3] - The forecast for pre-sale mortgages is set at 6,500, representing a 55% increase compared to 2024, potentially reaching a five-year high [3] - However, uncertainties in geopolitical conditions and a high supply of new units, with approximately 24,000 units expected to be completed this year and nearly 100,000 over the next four years, may influence future price trends [3]