Core Insights - In September, mainland buyers significantly increased their purchases of residential properties in Hong Kong, with both transaction volume and value rising [1][2] - The total number of registrations by mainland buyers reached 1,304, marking a month-on-month increase of approximately 17.5%, the second highest in 10 months [1] - The monetary value involved in these transactions was about HKD 13.54 billion, reflecting a month-on-month increase of approximately 23.2%, also the highest in 10 months [1] Group 1: Market Trends - The increase in registrations is attributed to the popularity of new developments in areas like Kai Tak and Wong Chuk Hang, with many projects being mid to high-end or luxury properties [1] - Analysts suggest that the recovery of Hong Kong property prices and the resumption of interest rate cuts are likely to accelerate the pace of new property sales, potentially leading to continued growth in mainland buyer activity in Q4 [1] Group 2: Regional Preferences - In September, the Kai Tak area had the highest number of registrations from mainland buyers, totaling 147, which accounted for 60.2% of individual buyer registrations [1] - The second highest area was Wong Chuk Hang/Sham Wan, with 94 registrations, representing 54% of individual buyers, primarily from the BLUE COAST series [2] - Tseung Kwan O ranked third with 90 registrations, making up about 20% of individual buyers, mostly from the Kai Bo Fung series [2]