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Market Chatter: Sun Hung Kai Properties' Sierra Sea Project Oversubscribed 66 Times
This year, Hong Kong has recorded 4,686 transactions of new Residences, making it the second-highest for the same period in six years.
This year (up to April 9), the transaction Volume of new residential properties in Hong Kong has recorded 4,686 cases, the second highest for the same period in six years, only behind last year's 5,485 cases.
CITIC SEC: Shopping centers grow against the trend; leading real estate platforms remain strong.
In the long run, the limitation on the development of Commercial Property companies (regardless of their weight) is not funding, but rather Operation capability and site layout. The bank is Bullish on the development of Commercial Property enterprises.
In March, the total value of property sale and purchase agreements in Hong Kong was 45.6 billion HKD, which is a month-on-month increase of 61.4% and a year-on-year increase of 22.1%.
In March, the total value of property sales contracts in Hong Kong was 45.6 billion Hong Kong dollars, an increase of 61.4% compared to February, and also up 22.1% compared to March last year.
According to Zhongyuan Mortgage, the number of mortgage registrations for existing properties in Hong Kong reached 13,109 in the first quarter, an increase of 15.7% year-on-year.
In the first quarter of 2025, the number of mortgage registrations for existing homes in Hong Kong increased by 15.7% year-on-year to 13,109 cases, mainly due to the market recovery and rising transactions in the fourth quarter of last year, which drove an increase in mortgage withdrawals and registrations in the first quarter of this year.
There May Be Some Bright Spots In Sun Hung Kai Properties' (HKG:16) Earnings