US link: Hong Kong's fourth quarter has seen over 50 million HKD transactions of luxury homes, breaking over a hundred records and reaching a new high in nearly four quarters.

The luxury housing market in Hong Kong's new development is continuing to perform well, with over HK$50 million in first-hand transactions totaling over a hundred deals so far in the fourth quarter. Analyst Chan Chung-hin of Midland Realty pointed out that based on data from the Midland Realty Research Center and market information from , there have been 103 transactions of luxury homes priced over HK$50 million in the fourth quarter (up to November 27), which is about 12% higher than the third quarter's 92 transactions, surpassing the second quarter's 100 transactions, setting a new high in nearly 4 quarters, and is expected to strongly challenge the quarterly high record of 140 transactions in the fourth quarter of 2024 this year. Chan Chung-hin further stated that of the 103 transactions priced over HK$50 million in the fourth quarter (up to November 27), if categorized by region according to the , the most transactions were recorded in Kai Tak District, with 37 transactions, accounting for about 35.9%; followed by Mid-levels West with 28 transactions, accounting for about 27.2%; the remaining 38 transactions are distributed in other areas of Hong Kong, such as North Point with 8 transactions, Ho Man Tin and Yau Tong with 7 and 6 transactions respectively, and Kowloon Mid-levels with 4 transactions, etc. In terms of new developments, Kai Tak Skypark Phase 2 had the most transactions priced over HK$50 million in the fourth quarter (up to November 27), with a total of 18 transactions; Mid-levels West Mount Pavilia Phase 1 and 2 together recorded 16 transactions, ranking second; Kai Tak Riva recorded 11 transactions, ranking third. The highest transaction amount in the quarter was for The Peak in Kowloon Mid-levels, where a top-floor feature connecting large unit was sold for approximately HK$580 million; followed by The Harbourside at Mount Davis, where a top-floor triplex unit was sold for approximately HK$420 million; there were also 2 transactions with amounts exceeding HK$300 million, namely The Twelve Peaks at The Peak and a super duplex unit at 50 Lasalle Road in Kowloon Tong, with transaction prices of approximately HK$352 million and HK$338 million respectively.