Luxury / article
Hong Kong Luxury Home Buyers Return as Agents Predict Mild Price Gains
Hong Kong's luxury property market is seeing a revival with a surge in transactions, though agents expect price growth to remain limited to around 2% for the rest of the year.
Hong Kong’s luxury property market experienced a robust rebound in the first half of 2025, with transaction volumes and values more than doubling compared to the same period in 2024.
Primary private residential properties valued over HK$50 million saw 296 deals in the first six months, an 80.5% increase from 164 cases in the first half of 2024. Total primary luxury sales reached HK$30.33 billion, double the HK$15.059 billion recorded a year earlier.
Secondary market transactions also grew, with 172 cases above HK$50 million, up 59.3% from 108 cases in the first half of 2024.
One notable purchase was by Mao Yuankai, president of Shanghai-listed mining company Tibet Summit Resources, who bought a luxury house in Hong Kong’s Stanley district for HK$220 million.
Despite the strong activity, property agents predict that big-ticket luxury home prices will rise only up to 2% in the coming months, as market momentum remains buoyant but price growth stays mild.