智通财经APP获悉，中原按揭董事总经理王美凤表示，根据中原按揭研究部及土地注册处数据，2026年1月录得 2,213宗资助房屋按揭登记(包括居屋及其他资助性房屋)，较2025年12月的425宗环比急升4倍多，同比升幅达1.25 倍。受惠于2025年终多个大型新居屋落成上会，2026年资助房屋按揭迎来开年红盘。 | | | | 表一：2026年1月份本港銀行資助房屋按揭表現 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 排名 | | | 2026年1月份 | | 2025年12月份 | | 市佔率變化 | | 2026 年 1月份 | 2025 年 12 月份 | 銀行/財務機構 | 宗數 | 市佔率 | 宗數 | 市信率 | (自分點) | | 1 | 1 | 中银香港 | 1,180 | 53.3% | 224 | 52.7% | +0.6 | | 2 | 3 | 恒生銀行 | 526 | 23.8% | 62 | 14.6% | +9.2 | | 3 | 2 | 滙豊銀行 | 384 | 17.4% | 81 | 19.1% | ...

Core Viewpoint - The subsidized housing mortgage market in Hong Kong is expected to see significant growth in 2025, with a projected increase of 60% in registrations compared to 2024, driven by the completion of several large new housing projects [1][3]. Group 1: Mortgage Registration Data - In 2025, a total of 16,027 subsidized housing mortgage registrations were recorded, a substantial increase from 10,003 in 2024 [1]. - Bank of China Hong Kong accounted for 8,153 registrations, representing a 64% year-on-year increase and a market share of 50.9%, maintaining its position as the leading bank in this sector for seven consecutive years [1][4]. - Other banks such as Shanghai Commercial Bank, Bank of East Asia, Standard Chartered Bank, and Hang Seng Bank saw their registration numbers increase significantly, with growth rates of approximately 33 times, 2.9 times, 2.4 times, and 1 time, respectively [1]. Group 2: Future Market Outlook - The outlook for the subsidized housing mortgage market in 2026 remains positive, with multiple new housing projects expected to be completed, which will likely boost mortgage applications [3]. - The market share of the three major banks (Bank of China, HSBC, and Hang Seng) in the subsidized housing mortgage sector exceeded 91.5% in 2025, although smaller banks are increasingly entering the market [3]. - The introduction of cash rebates for housing mortgages by some banks aims to enhance competitiveness in the market, particularly targeting new housing projects and buyers of subsidized housing [3]. Group 3: Secondary Market Performance - The secondary market for subsidized housing saw a total of 4,059 transactions in 2025, a decrease of 8.5% from 2024, attributed to narrowing price levels between subsidized and private housing [4]. - The market is expected to recover in 2026, supported by improved market conditions and the government's issuance of additional approval letters for buyers [4]. Group 4: Monthly Registration Trends - In December 2025, 425 subsidized housing mortgage registrations were recorded, a decrease of 9% from November, reflecting a return to pre-peak levels of around 400 to 700 registrations [5]. - The market share of the top four banks slightly increased to 91.3% in December, with Bank of China leading at 52.7% [5]. - HSBC and Hang Seng Bank recorded 81 and 62 registrations, respectively, with HSBC's market share rising to 19.1% and Hang Seng's declining to 14.6% [5].

Group 1 - The core viewpoint indicates that the number of subsidized housing mortgage registrations in Hong Kong decreased by 10% in October compared to September, but remained above 2000 for two consecutive months due to the completion of large new subsidized housing projects [1] - The Hong Kong Housing Authority expects more new subsidized housing projects to be completed this season, suggesting that the mortgage registration volume for subsidized housing will maintain a strong level in the fourth quarter [1] - The total number of subsidized housing mortgage registrations in the first ten months of this year reached 15,135, a significant increase of 76% compared to the same period last year, and already surpassing last year's total by 51% [1] Group 2 - The Hong Kong property market is stabilizing, with increased buyer confidence leading to a rise in transactions of second-hand subsidized housing [2] - In October, the second-hand market for subsidized housing recorded 288 transactions, a 42% increase from 203 in September [2] - The total number of second-hand subsidized housing transactions in the first ten months was 2,783, a 28% decrease compared to the same period in 2024, attributed to narrowing price levels between lower-priced units and subsidized housing [2]