On January 9, CBRE published its 2025 Hong Kong housing market outlook.
The Zhitong Finance App learned that on January 9, CBRE published the Hong Kong Housing Market Outlook 2025. Guo Weiyan, executive director of CBRE Hong Kong Valuation and Advisory Services, pointed out that property prices will recover moderately this year, with an increase of 0% to 5%. The overall property market turnover is expected to be close to 0.06 million units, an increase of nearly 10% over the previous year. Among them, the first-hand market is about 0.018 million to 0.02 million units, and the second-hand market is about 0.04 million units.
Kwok Wai-yan also pointed out that property prices are expected to remain flat to rise 5% this year. Among them, for properties that are less than 20 years old, property prices are expected to recover or remain stable. As for properties that are over 40 years old, property prices may lag behind the increase. Additionally, CBRE expects rental demand to continue to rise, with rents expected to increase by around 5% in 2025.
