Viewings appointments at 10 housing estates hit an 18-week high on Saturday and Sunday

Centaline Property recorded 478 property viewing appointments for the top 10 residential estates on Saturday and Sunday, a 4.6% increase week-on-week, reaching an 18-week high, with the viewing atmosphere remaining active.

Chen Yongjie, Vice Chairman of Centaline Property Asia-Pacific and President of Residential Department, stated that the primary market is thriving with new launches on Sunday in Hong Kong Island and the New Territories, receiving strong interest. Due to the limited number of units involved, it is believed that many buyers will be left out; many buyers are comparing new and second-hand properties, and it is expected that the hot sales of new properties will boost second-hand trading activity again.

According to Midland Realty branch statistics, about 542 viewing appointments were made for 15 key second-hand estates on Saturday and Sunday, a 3.2% increase week-on-week, marking four consecutive weeks of growth. All three districts—Hong Kong Island, Kowloon, and the New Territories—recorded gains, reflecting a steady release of purchasing power.

Senior Director of Midland Realty, Bu Shaoming, said that the new property market is thriving, with over a thousand first-hand transactions recorded so far this month. The overall market atmosphere remains lively. Additionally, new launches on Sunday kept the market active, further stimulating purchasing power and boosting second-hand estate viewing activities. He predicts that with ongoing strong demand for homeownership, both first-hand and second-hand transactions will grow this month, and second-hand prices will continue to rise.

According to data from Ricacorp Properties Research Department, a total of 1,340 clients scheduled viewings for 50 key estates across Hong Kong on Saturday and Sunday, a 2.2% decrease week-on-week.

Ricacorp Properties Research Department head Chan Hoi-chiu said that the US Federal Reserve’s interest rate decision remained unchanged, and new first-hand projects are launching rapidly across districts, with market attention gradually shifting toward the primary market. In the second-hand market, owners remain optimistic with no signs of price reductions. Some buyers are focusing more on the primary market, and viewing appointments have increased for three consecutive weeks before slightly declining.

Hong Kong Property branch statistics show that about 393 viewing appointments were made for the top 10 second-hand estates on Saturday and Sunday, a 1.8% increase week-on-week, marking four consecutive weeks of growth and a six-week high, indicating strong buyer interest.

Wang Pindi, Director of Hong Kong Property Research Department, said that although the Federal Reserve kept interest rates unchanged as expected, it did not dampen buyers’ enthusiasm. Several new projects launched consecutively, energizing the market and further releasing purchasing power. The hot primary market has accelerated buyer activity, with decision-making speeding up. As market confidence strengthens, residential trading remains active, with a pattern of “strong primary, increasing secondary.”