Hong Kong property market hits 4-year high in 2025 as sales top US$79 billion
December was the 10th consecutive month where new home transactions exceeded 1,500, the first time the trend was seen in more than 21 years
Hong Kong’s property market rallied to a four-year high in 2025 following the city government’s easing measures and lower interest rates, according to the Centaline Property Agency.
In the past 12 months, the number of registered sales agreements for residential units, carparking spaces and commercial and industrial properties increased 18.7 per cent year on year to 80,700, while the amount involved rose 15.4 per cent to HK$616.4 billion (US$79 billion), data from Centaline showed.
The realtor noted that 2025 represented a new four-year high, with the comparative figures in 2021 being 96,133 and HK$917.8 billion, respectively.
The new home market emerged as a major driver, with 20,564 units sold for a combined total of HK$225.6 billion in 2025, up 21.9 per cent and 8.2 per cent year on year, respectively.
The registration number was a six-year high while the monetary amount was a four-year high, said Centaline, as developers have stepped up efforts to introduce new projects and lower their inventory.
Moreover, December marked the 10th consecutive month where new home transactions exceeded 1,500, the first time such a trend was seen in more than 21 years.