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Is the Hong Kong Property Market Improving? | HK Weekend Property Market Recap

Squarefoot Editor  2025-02-25  66 #Movie

Over the past weekend, the primary property market recorded about 324 transactions, up 31% from the previous week and marking a four-month high.

This surge was largely driven by Yuen Long's Hava, which launched its first round of sales on Saturday. The first batch of 250 units sold out on the same day.

Other developments also performed well in terms of leftover inventory, with High Park in Hung Shui Kiu recording 20 transactions over the weekend.

In North Point, State Pavilia recorded seven sales over the weekend, including leftover stock from previous rounds. Kai Tak's Pano Harbour and KT Marina recorded five transactions each.

Next, overall market sentiment has improved, with buyers showing more enthusiasm compared to the last two months, so developers are leveraging this momentum to push new projects such as Belgravia Place Phase 2 and The Headland Residences.

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