The Zhitong Finance App learned that according to Huang Yingnian, director of Lijia Court (commercial store) real estate, capital continued to enter the market, and Hong Kong commercial property trading registration has been activated over the past month. In particular, new listings have been booming, leading to a significant increase in registration figures. According to preliminary provisional figures from the Hong Kong Land Registry, in April 2025, Hong Kong recorded a total of 462 commercial property sales registrations, up 20.6% from 383 in March, rising for two months in a row, reaching a record high of nearly 25 months; the total value registered during the month reached 4.715 billion yuan, a slight decrease of 5.1% month-on-month. Property registrations in the three major categories recorded an overall increase in April. Among them, commercial buildings showed the strongest increase of nearly 30%. Industrial buildings and stores also increased 19.8% and 13%, respectively.
Zhu Liangheng, senior sales director of the Ministry of Real Estate and Commerce of Li Ka Court (Commercial Shop), pointed out that benefiting from the ideal sales of the two industrial building projects in San Po Kong and Tsuen Wan, respectively, they have recorded multiple registrations, which have stimulated the improvement of industrial building sales registration over the past month. According to the data, 266 industrial building transactions were registered in Hong Kong in April, up 19.8% from 222 in March, the highest number in the past 25 months, reflecting the continued rebound of the industrial building market. Industrial building registrations accounted for 57.6% last month, a slight decrease of 0.4 percentage points from month to month. As for the total registered value of industrial buildings in April, it was a whopping 36.2% month-on-month increase.
In terms of commercial building registration, Wong Ying-nian said that with the support of the registration of many first-hand commercial buildings in Tsuen Wan, commercial buildings broke through the level of 100 sales after a long absence of more than 2 years. A total of 109 sales registrations were recorded, up 29.8% from 84 in March. It is the property category with the biggest increase, reaching a new high in 44 months (that is, more than 3 and a half years) since September 2021. However, the total value of commercial building registrations fell sharply by 57.8% during the month, to only HK$1,067 billion. The main reason was the lack of large registrations during the period, and low-priced commercial buildings accounted for more.
On the store side, Zheng Deming, senior sales director of Lijia Court (Commercial and Commercial) Real Estate - Retail, Commerce and Investment Department, pointed out that with some investors taking advantage of the low absorption, store sales also increased with the market, but the increase was lower than that of the market. According to the data, a total of 87 Hong Kong store transactions were registered in April 2025, an increase of 10 or 13% month-on-month. As for the total value of store registrations during the month, there was a significant increase of HK$1,538 billion, an increase of 72.2% in a single month, the second highest level after January this year. The average price of each store transaction was about HK$176.78 million.