今年5月拆息回落，香港楼价开始见底微升，CCL 近17周十二升五跌，较5月 H 按息再度低于封顶息当 周的135.16点低位升3.77%，2025年楼价暂时累升1.90%。指数较2025年3月财案前134.89点低位升 3.97%，较2024年9月首次减息前135.86点低位升3.23%，较2021年8月191.34点历史高位跌幅收窄至 26.70%。 （原标题：中原地产：CCL连升3周共2.30% 升穿140点水平） 智通财经APP获悉，中原地产研究部高级联席董事杨明仪指出，中原城市领先指数 CCL 最新报140.25 点，周环比升0.62%。8月下旬美联储主席鲍威尔暗示9月或会减息，消息刺激香港楼市气氛趋向正面。 CCL 连升3周共2.30%，进一步向上升穿140点水平，指数创2024年8月初后的59周新高。落实减息后， 买家入市信心转强，有助释放更多二手购买力，香港楼价升势或可持续。CCL 只要再升2.77点或 1.98%，便会到达第四季目标143.02点，即2024年撤辣前的低位。 9月21日，美中就分拆 TikTok 美国业务达成协议，22日大埔上然3期推售140个单位，房协居屋观塘朗然 开始拣楼， ...

Core Insights - The surge in property purchases by mainland Chinese buyers in Hong Kong has reached a ten-year high, with 2.4 out of every 10 properties sold going to these buyers [1] - In the first half of the year, mainland buyers spent 55.9 billion HKD on over 7,500 properties, averaging nearly 10 million HKD per unit [1] - The majority of purchases (93%) are for properties priced below 20 million HKD, indicating a focus on affordable housing rather than luxury real estate [1] Market Dynamics - The easing of property market policies in Hong Kong in 2023, including the removal of additional stamp duties, has significantly boosted interest from mainland buyers [2] - Real estate agents report a shift in client inquiries, with buyers prioritizing cross-border mortgage options over traditional concerns like location and school districts [2] - The influx of mainland buyers has sparked mixed reactions among local residents, with some expressing concerns over rising property prices while others welcome the renewed activity in the market [2] Cultural Context - The phenomenon has led to humorous observations from locals, such as the impact on supermarket supplies and the blending of property viewings with shopping trips for local goods [2] - The motivations for purchasing vary, with some buyers attracted to Hong Kong's education and healthcare systems, while others appreciate the convenience of cross-border commuting [2]

Core Viewpoint - The Hong Kong property market is expected to see a 2% increase in prices in the third quarter of 2023, with both rental and property prices rising simultaneously for the first time in four years [1] Group 1: Property Prices - The "Mei Lun Property Index" surpassed the end of last year's figures in late July, indicating a shift from decline to growth in property prices [1] - Factors driving the increase in property prices include low interest rates, a rising stock market, and a reduction in supply [1] - The market sentiment among buyers has become more positive, contributing to the recovery in property prices [1] Group 2: Rental Market - Rental prices in Hong Kong have continued to break previous highs and are expected to rise alongside property prices [1] - The demand for rental properties remains strong, further fueling the upward trend in both rental and property prices [1] Group 3: Market Outlook - The company anticipates that both rental and property prices will record increases for the entirety of 2023, marking a significant recovery in the market [1] - The expected 2% increase in property prices for the third quarter represents the highest level seen since the first quarter of 2023 [1]

Core Viewpoint - The article suggests that Hong Kong property prices are expected to decline further, and it advises against purchasing property at this time [1]. Group 1: Property Market Trends - The current interest rates are low, below 2%, making it a more favorable time for potential buyers compared to previous periods when rates were high [4]. - The property price trends in Hong Kong and mainland China are now aligned, indicating that significant appreciation in property values is unlikely [7]. Group 2: Property Purchase Considerations - The preferred area for property purchase is Hong Kong Island, as it is considered the true representation of Hong Kong, with convenient access to the airport express [5]. - There is a preference for newer buildings over older ones due to better living conditions, although older buildings are still acceptable if the buyer appreciates their historical value [6]. - The holding costs for properties in Hong Kong are high, primarily due to management fees and land rent, which can significantly impact investment decisions [9]. Group 3: Educational Considerations - For families prioritizing education, areas 11 and 12 are recommended over the Eastern District, as they are deemed more suitable for girls [8].

Group 1 - The Hong Kong property market is experiencing a positive atmosphere, leading to an increase in secondary market transactions, with the Central City Leading Index (CCL) rising for three consecutive weeks by 0.73% [1] - The latest CCL is reported at 136.56 points, with a week-on-week increase of 0.32%, indicating signs of price stabilization after a period of decline [1] - The CCL remains at an 8.5-year low, with a cumulative decline of 0.78% expected in Hong Kong property prices by the first half of 2025 [1] Group 2 - The Hong Kong Monetary Authority has intervened in the market four times since June, purchasing a total of HKD 590.72 billion, which may influence local secondary property prices [2] - The CCL Mass index is reported at 137.89 points, with a week-on-week increase of 0.30%, while the CCL for small units is at 136.52 points, up 0.29% [2] - Both CCL Mass and CCL for small units have risen for five consecutive weeks, with cumulative increases of 1.24% and 1.16% respectively [2] Group 3 - The property prices in four districts have shown fluctuations, with the Kowloon CCL Mass rising to 136.15 points, marking the largest increase in 16 weeks at 1.47% [3] - New Territories West CCL Mass increased to 126.83 points, with a week-on-week rise of 1.14%, the largest in 18 weeks [3] - The indices for Hong Kong Island, Kowloon, New Territories West, and New Territories East are at levels comparable to those in mid-2016 to early 2017 [3]

Group 1 - The focus of real estate agents in Shenzhen has shifted towards promoting Hong Kong properties, with an emphasis on high rental yield opportunities [1] - A significant portion of new hires in Shenzhen real estate agencies are now required to speak Cantonese, indicating a growing interest in the Hong Kong market [1] - The rental market in Hong Kong is expected to see a 3% to 5% increase in general residential rents in 2025, driven by demand from overseas talent and non-local university students [1] Group 2 - The Hong Kong government has removed all additional stamp duties on residential property transactions, which is expected to benefit around 15% of property transactions [2] - The increase in mainland Chinese buyers in the Hong Kong real estate market is linked to recent talent recruitment initiatives, positioning them as a significant force in the market [2] - Understanding the differences in property purchasing processes and costs between Hong Kong and mainland China is crucial for mainland buyers, especially for investment and rental purposes [2]

Group 1 - Central Plains Real Estate reported a significant drop in transactions, with only 3 deals recorded over the weekend, a 57.1% decrease week-on-week, marking a 16-week low, and the number of estates with zero transactions increased to 8 [1] - The Kowloon district saw all four key estates with no transactions, indicating a cooling in the secondary market [1] - The recent surge in new property sales, particularly in the West Sand area, has attracted market attention, with the sixth round of sales selling out quickly, reflecting strong demand for new properties [1] Group 2 - Midland Realty noted that the secondary market is experiencing a slowdown, with a 33.3% drop in transactions for the top ten blue-chip estates, reaching a 7-week low, and a 15.4% decrease in transactions for the top 15 estates compared to the previous week [1] - The residential market is supported by favorable conditions, including ample bank liquidity and a significant drop in interbank rates, which has eased mortgage burdens and led to an increase in "buying to own" scenarios [1] - Midland Realty's CEO highlighted that the strong performance of the primary market is driven by recent positive factors, with a notable increase in viewing appointments for secondary properties, indicating robust underlying demand [2]