Hong Kong Real Estate: Hong Kong's 518 second-hand residential registrations surpassed HK$10 million in September, surpassing the market by 14% month-on-month

Zhitong Finance App learned that Wang Pindi, director of the Hong Kong Real Estate Research Department, said that according to data from the Comprehensive Land Registry of the Hong Kong Real Estate Information Research Department, there were 3,810 registrations of second-hand housing (including second-hand private homes and second-hand public housing) in September, an increase of about 1.2% over the 3,763 cases in August; of these, over 10 million (HK$, same below), 518 second-hand housing registrations were registered, an increase of about 13.8% over the 455 cases in August. Since it takes time to sign a sales contract and submit it to the Land Registry for registration, the September registration cases generally reflect the market situation in August.

In terms of the month-on-month performance of second-hand housing registrations of over $10 million in September, Hong Kong Island (including Discovery Bay) recorded 208 second-hand residential registrations of over $10 million, up about 21.6% from 171 in August. The number of cases was the highest in the three districts, and the month-on-month increase was also the largest in the three districts; the New Territories recorded 118 registrations, an increase of about 20.4% over 98 in August; and the Kowloon district (including Tseung Kwan O and Sai Kung) recorded 192 registrations, an increase of about 3.2% over 186 in August.

As for housing estates with over $10 million in second-hand housing registrations in September, Taikoo Shing topped the list with 17 listings of over $10 million, an increase of more than 3.2 times over 4 in August; Haiyi Peninsula ranked second with 11 registrations, up 10 times from 1 in August; Sunrise Kangcheng ranked third with 10 second-hand housing registrations of over $10 million, an increase of about 42.9% over 7 in August.