Group 1 - The overall transaction volume of commercial properties in Hong Kong for the first half of 2025 reached approximately 1,913 transactions, marking a nearly 30% increase compared to the second half of 2024 and the highest semi-annual figure since 2022 [1] - The total transaction value for the same period was about HKD 27.724 billion, which represents a decrease of approximately 7.9% from HKD 30.099 billion in the second half of 2024 [1] - The market for commercial properties is expected to maintain around 1,750 transactions in the second half of 2025, with overall prices and rents anticipated to fluctuate within a narrow range, potentially declining by up to 5% [1] Group 2 - It is estimated that there will be around 850 transactions in the third quarter of 2025, with the total transaction value expected to be approximately HKD 9.5 billion, and around 1,750 transactions in the second half of the year with a value of about HKD 21.8 billion [2] - The rental market is projected to remain stable or decline by up to 10%, influenced by the struggles of the restaurant industry and the impact of chain restaurant closures on retail [2] - The overall rental transaction volume is expected to reach approximately 3,800 transactions in the third quarter of 2025, with the potential to rise to about 7,500 transactions in the second half of the year [2]