Mainland Buyers Bought 9,776 Hong Kong Private Homes in H1 2026, Value Hits Record 107.1 Billion HKD

In the first half of 2026, a total of 9,776 purchase cases of private residential properties in Hong Kong were registered under buyers with Mandarin pinyin names, with a total transaction value of 107.1 billion HKD, setting a new record. Compared with the second half of 2025, the number of cases increased by 25%, and the transaction amount also set a new high. Based on the number of transactions, the average amount per purchase was about 10.97 million HKD.

In the primary market, driven by active launches from developers, 4,704 cases were registered under buyers with Mandarin pinyin names in the first half, involving a transaction amount of 61.45 billion HKD, up 25% and 22% year-on-year respectively. In the secondary market, 5,072 cases were registered, with a transaction amount of 45.65 billion HKD, up 24% and 31% year-on-year, with the growth in amount more significant than in number.

By district, the Kai Tak New Area was the most concentrated area for mainland buyers, recording 1,161 cases in the first half, involving about 17.5 billion HKD. For example, in the Kai Tak project Cullinan Sky, 34 transactions were recorded in the past six months, of which 16 were registered under Mandarin pinyin names and 4 under simplified Chinese characters. One buyer purchased two four-bedroom units for about 130 million HKD, at a unit price of 47,000 HKD per square foot. In the Ho Man Tin area, 299 cases were recorded in the half year, involving about 5.94 billion HKD, with an average of about 19.8 million HKD per case. In recent years, Hong Kong has introduced a large number of talents, attracting nearly 280,000 professionals from various fields abroad to work and develop in the city. Coupled with the full removal of cooling measures in the property market, mainland capital continues to flow in.