Core Insights - The number of existing home mortgage registrations in August 2025 reached 6,629, a month-on-month increase of 22.1%, marking the highest level in 23 months since August 2023, driven by a recovering property market and increased transactions [1][2] - The market share of the top four banks increased by 4.3 percentage points to 77.5%, with Bank of China Hong Kong leading the market with a share of 33.8% [2] - The number of pre-sale mortgage registrations fell to 376 in August, a decrease of 52.6% from July, primarily due to the completion of units at Long Tian Feng [3] Group 1: Existing Home Mortgages - In August 2025, existing home mortgage registrations totaled 6,629, up 22.1% from July, the highest in nearly two years [1][2] - The increase in registrations was attributed to favorable market conditions, including lower interest rates and increased market confidence [1] - The top four banks' market share rose to 77.5%, with Bank of China Hong Kong maintaining the highest share at 33.8% [2] Group 2: Pre-sale Mortgages - Pre-sale mortgage registrations dropped to 376 in August, a significant decline of 52.6% from the previous month [3] - The decline was mainly due to the completion of units at Long Tian Feng, with the majority of registrations in August coming from SIERRA SEA [3] - Despite the monthly drop, the total number of pre-sale mortgage registrations for the first eight months of 2025 increased significantly by 90.5% year-on-year [3]

Group 1 - In July 2025, the number of existing property mortgages in Hong Kong decreased to 5,702, down 1,070 (15.8%) from June, while the number of new property mortgages increased to 804, up 240 (42.6%) from June, marking a 13-month high [1] - Compared to the same month last year, existing property mortgages decreased by 239 (4%) from 5,941 in July 2024, while new property mortgages increased by 246 (44.1%) from 558 in July 2024 [1] - For the first seven months of 2025, existing property mortgages totaled 34,587, an increase of 4,116 (13.5%) from 30,471 in the same period last year, while new property mortgages reached 3,993, up 1,782 (80.6%) from 2,211 in the previous year, marking a five-year high for the first seven months [1] Group 2 - In terms of market share for existing property mortgages, Bank of China Hong Kong leads with 29.1%, followed by HSBC at 21.3%, Hang Seng Bank at 12.6%, Standard Chartered at 6%, and Bank of East Asia at 4.9% [2] - For new property mortgages, HSBC regained the top position with a market share of 27%, while Bank of China Hong Kong fell to second with 26.4%, followed by Hang Seng Bank at 16.5%, Standard Chartered at 6.3%, and Bank of East Asia at 5.7% [2] - The market share of the four major banks for existing property mortgages dropped from 74.9% in the previous month to 69% in July 2025, indicating a potential shift in the competitive landscape as banks become more positive about mortgage business [2]

Core Insights - The Hong Kong mortgage market has shown significant recovery, with June 2025 recording 6,508 registrations for existing properties, a substantial increase of 32.3% from May's 4,920 registrations, marking a 22-month high [1] - The number of mortgage registrations for new properties also rebounded significantly to 560 in June, reflecting a month-on-month increase of 50.9% [1] - Overall, the first half of 2025 saw a notable year-on-year increase in mortgage registrations for both existing and new properties, with existing property registrations rising by 18.7% to 27,784 and new property registrations soaring by 112% to 3,145 [1][2] Market Share Analysis - Bank of China (Hong Kong) maintained its leading position in the existing property mortgage market for nine consecutive months, achieving a market share of 33.8% with 9,390 registrations [1][2] - In June, the market share of Bank of China (Hong Kong) increased by 5.8 percentage points to 34.7%, while HSBC's market share rose by 1.8 percentage points to 22.2%, keeping it in second place [2] - Hang Seng Bank's market share increased by 3.4 percentage points to 16.1%, ranking third, while Standard Chartered Bank's market share decreased slightly to 5.4%, moving up one position to fourth [2] Additional Market Insights - The top five to ten banks in the existing property mortgage market in June included Bank of East Asia (4.8%), ICBC Asia (3.1%), China International Capital Corporation (2.5%), Citibank (1.9%), and Bank of Communications (1.8%) [3] - The overall market share of the top four banks accounted for 78.4% of the existing property mortgage registrations in June, reflecting a month-on-month increase of 8.1 percentage points [2]

Group 1 - In June, the number of existing property mortgage applications reached 6,772, a month-on-month increase of 33.9%, marking a 22-month high, and a year-on-year increase of 37% [1] - The number of pre-sale property mortgage applications was 564, with a month-on-month increase of 46.9%, recovering after two months of decline, but a year-on-year decrease of 29.9% [1] - For the first half of the year, existing property mortgage applications totaled 28,885, a year-on-year increase of 17.8%, while pre-sale property mortgage applications reached 3,189, a year-on-year increase of 92.9%, the highest in nearly five years [1] Group 2 - The significant increase in pre-sale property mortgages in June was driven by new developments such as Golden Bay • Pearl Coast, Royal City, and others, while existing property mortgages were boosted by buyers from various housing estates [1] - The low interest rates have improved market sentiment, and it is expected that the property market will continue to stabilize in the second half of the year, with positive growth in both existing and pre-sale mortgage applications [1] - In terms of market share for existing property mortgages, Bank of China (Hong Kong) led with a 33% market share, followed by HSBC at 21.3%, Hang Seng at 15.4%, Standard Chartered at 5.2%, and Bank of East Asia at 4.6% [1] Group 3 - For pre-sale property mortgages, Bank of China (Hong Kong) also led with a 32.1% market share, followed by HSBC at 20.2%, Hang Seng at 18.3%, Standard Chartered at 6.4%, and ICBC (Asia) at 6.2% [2] - The market share of the four major banks for existing properties increased from 65.6% in May to 74.9% in June, an increase of 9.3 percentage points [2] - The shift in bank attitudes towards mortgage business is expected to lead to adjustments in market share in the second half of the year as banks begin to compete for mortgage business [2]

Group 1 - The number of existing property mortgages in April 2025 was 3,446, down 14.2% from March's 4,015, marking a five-month low and a decline for two consecutive months [1] - The number of pre-sale property mortgages in April 2025 was 467, a decrease of 34.1% from March's 709, also reaching a three-month low after four months of increases [1] - Compared to the same period last year, existing property mortgages in April 2025 decreased by 17.3% from 4,166 in April 2024, while pre-sale mortgages increased by 151.1% from 186 in April 2024 [1] Group 2 - In the first four months of 2025, existing property mortgages totaled 17,055, an increase of 6.5% from 16,016 in the same period last year [1] - Pre-sale property mortgages in the first four months of 2025 reached 2,241, a significant increase of 300.2% from 560 in the same period last year, marking a three-year high [1] - The Chief Vice President of the mortgage referral department indicated that the decline in mortgage numbers was due to a lack of large new property launches in April, but overall property registration numbers have been rising [1] Group 3 - In terms of market share for existing property mortgages, Bank of China (Hong Kong) ranked first with 27.4%, followed by HSBC at 17.6% and Hang Seng Bank at 11.1% [2] - For pre-sale property mortgages, Bank of China (Hong Kong) also led with a market share of 25.5%, followed by HSBC at 18.6% and Hang Seng Bank at 11.3% [2] - The market share of the four major banks for existing property mortgages dropped to 62.3% in April 2025, a seven-month low, indicating potential adjustments in market share among banks [2]