According to the comprehensive data from the Land Registry provided by Midland Realty Research Center, in April, the total property registrations in Hong Kong (including new private homes, second-hand Residences, new public housing, commercial shops, parking spaces, and Other) amounted to a total of 7,229, representing a month-on-month increase of approximately 8.5% compared to 6,661 in March, reaching a five-month high and surpassing the 7,000 mark for the first time since last November.
According to information from the Hong Kong Property Research Center of Midland Realty, as of April, the total number of property registrations in Hong Kong (including new private residential, second-hand residences, new public housing, commercial shops, pure parking spaces, and Other) amounted to 7,229, representing an approximately 8.5% month-on-month increase from March's 6,661, reaching a five-month high, and surpassing the 7,000 level for the first time since November last year.
Chief Analyst Liu Jia-hui from Midland Realty pointed out that the registration cases in April generally reflect the market situation in March due to the time required from signing a sales contract to submitting it for registration at the land registry. In March, the atmosphere in the Hong Kong property market was positive, and property transactions increased, which is also reflected in the registration volume for April. However, after the USA announced reciprocal tariff measures in April, global stock markets became volatile, and Hong Kong residential transactions also slowed down. It is expected that the cases registered at the land registry in May will reflect this, and it is estimated that the overall property registration volume in Hong Kong will decline in May.
Looking back at the registration performance of various categories in April, in the residential sector, excluding new public housing, the registrations of new private residential and second-hand residences totaled 6,026 in April, an increase of about 7% from March's 5,630. In contrast, for new public housing, there were 208 registrations in April, a decrease of about 24.9% from March. In non-residential properties, the total registrations for commercial shops, pure parking spaces, and Other non-residential properties amounted to 995 in April, an increase of about 32% from March's 754.