Hong Kong Residential Sales Briefing

Stock market exuberance resulted in some impressive price gains over Q2, something which is unlikely to be repeated over the second half.

July 2015

 
  • The residential market continued to be driven by primary market sales in Q2/2015.
  • Luxury apartment prices rebounded by around 6% in Q2/2015, with the majority of transactions reported in prime areas.
  • The most notable transaction this quarter was the sale of G-1/F of Opus Hong Kong, The Peak for HK$479.9 million (HK$95,971 per sq ft saleable), setting a record as Asia's most expensive flat.
  • The luxury residential market in Kowloon and the New Territories was stable in Q2/2015 and the launch of Ultima, Ho Man Tin drew a strong response from the market.
  • The townhouse market followed a similar trend to the luxury apartment sector, posting price growth of around 4% in Q2/2015.
 
 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

kamaco Two Exchange Square

+852 2842 4573

 

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