In June, the prices of domestic property stocks outperformed the market. Has the Hong Kong real estate market returned?

Shanghai New World has cooled down, a new era has begun.

Gelonghui FinanceJul 7 13:46

Express News | The Ministry of Housing and Urban-Rural Development: Continuously solidifying the stable situation of the Real Estate market.

BreakingsJul 4 20:16

According to Savills, it is expected that the annual fluctuation of property prices in Hong Kong will remain within a range of plus or minus 3%, with a recovery in demand for small and medium-sized properties.

Deloitte's Executive Director and Head of Hong Kong Research, Deng Shuxian, stated that the atmosphere in the residential market continues to improve in the second quarter of this year. As the Hong Kong Interbank Offered Rate (HIBOR) declined and remained at relatively low levels during the quarter, this helps to reduce mortgage and entry costs, providing favorable conditions for buyers to enter the market. At the same time, developers are seizing the opportunity to launch new projects and attract buyers with competitive pricing strategies, which have invigorated the primary market significantly, leading to a continued high overall Volume of residential transactions. According to Deloitte's estimates, the total number of residential sale and purchase agreements in the second quarter is expected to reach approximately 15,900, an increase of about 30% compared to the previous quarter. Looking ahead, despite global uncertainties...

AASTOCKSJul 3 15:57

The "Port Tower" Tuen Mun NOVO LAND Phase 3A is expected to receive over 3,000 applications, exceeding 16 times the supply. The 33 units at Sheung Wan Shang Lung have been sold out.

The atmosphere for new property sales remained strong last weekend. Market news indicated that Tuen Mun NOVO LAND Phase 3A has received over 3,000 applications, with over 16 times of oversubscription, and the developer has added 68 units. Additionally, all 33 units of Sai Ying Pun Sunlong have been sold out, attracting several major investors. In the secondary market, transactions in the top ten housing estates generally rose week-on-week, with the four major agencies recording between 8 to 13 transactions over the weekend. The demonstration unit of Tuen Mun NOVO LAND Phase 3A under New World Development (00016.HK) saw enthusiastic visits. Market news suggests that the ticket collection situation is ideal, with over recorded by yesterday (29th).

AASTOCKSJun 30 10:07

KOWLOON DEV (00034): Wu Zhiwen will serve as a member of the nomination committee.

KOWLOON DEV (00034) announced that, effective from July 1, 2025: the company's chairman of the Board of Directors and executive directors...

Zhitong FinanceJun 27 17:51

Hong Kong real estate stocks rose during the session, as Powell stated that he does not rule out the possibility of an early rate cut, and Institutions have raised the Target Price for Hong Kong real estate stocks.

On the news front, during the first day of the "special" congressional hearing on the Federal Reserve's monetary policy, Fed Chairman Powell did not comment on the possibility of a rate cut at the next Federal Reserve meeting in July. A research report from Bank of America Securities indicates an increase in the target price of Hong Kong real estate stocks, with an average increase of 12%.

Zhitong FinanceJun 25 11:07