While the mainland property market is still slowly recovering, a large number of people from the middle class and above have raised funds to break down the Hong Kong property market and buy luxury homes in Hong Kong. According to data from the Hong Kong Central Plains Real Estate Research Department, in the first half of 2026, 2,372 second-hand private homes with a total price of 20 million yuan or more were registered in Hong Kong, with a total amount of 111,318 billion yuan. The registration amount hit a half-yearly high since the second half of 1995. Meanwhile, the Hong Kong property market as a whole has bottomed out and rebounded, setting a benchmark for the recovery of China's property market. In the first half of the year, the total number of property transactions recorded in Hong Kong was 4,9955, with a total value of $410.289 billion. The number hit a five-year high after 50,336 transactions in the first half of 2021, and the amount hit a four-and-a-half-year high after 443.397 billion yuan in the second half of 2021.

Zhitongcaijing · 1d ago
While the mainland property market is still slowly recovering, a large number of people from the middle class and above have raised funds to break down the Hong Kong property market and buy luxury homes in Hong Kong. According to data from the Hong Kong Central Plains Real Estate Research Department, in the first half of 2026, 2,372 second-hand private homes with a total price of 20 million yuan or more were registered in Hong Kong, with a total amount of 111,318 billion yuan. The registration amount hit a half-yearly high since the second half of 1995. Meanwhile, the Hong Kong property market as a whole has bottomed out and rebounded, setting a benchmark for the recovery of China's property market. In the first half of the year, the total number of property transactions recorded in Hong Kong was 4,9955, with a total value of $410.289 billion. The number hit a five-year high after 50,336 transactions in the first half of 2021, and the amount hit a four-and-a-half-year high after 443.397 billion yuan in the second half of 2021.