According to data compiled from the Land Registry by a property research center, the total number of property registrations in Hong Kong surpassed 15,000 in the first two months of the year, marking an increase of over 60% compared to the same period last year. This figure is expected to reach the highest level for the same period in eleven years, dating back to 2015. The total registration value exceeded HK$110 billion, representing a year-on-year rise of approximately 77%.
As of February 26, property registrations for the month reached 7,371, with the full-month total projected to reach around 7,800. This would exceed the 7,631 registrations recorded in January. The registration value for February had already reached about HK$57.8 billion, surpassing January's full-month total of HK$57.2 billion. It is anticipated that the value for February will exceed HK$60 billion.
In the primary private residential and secondary residential markets combined, registrations totaled 12,700 as of February 26, with a transaction value of HK$105.6 billion. These figures represent year-on-year increases of approximately 74% and over 100%, respectively, outperforming the broader market.
This information is based on publicly available data and is not intended as investment advice. Readers should verify details independently.