Zhongyuan Real Estate Residential Department: The number of first-hand and second-hand transactions in January increased by nearly 3 times and 1.8 times respectively compared to the same period last year.

date
15:48 13/02/2026
avatar
GMT Eight
Chen Yongjie, Vice President of the Asia-Pacific region and President of the Residential Department of Central China Real Estate, stated that the Residential Department of Central China Real Estate completed over 1000 first-hand transactions and 1400 second-hand transactions in January 2026.
Chen Wing-Kit, Vice President and President of the Residential Department of Asia-Pacific Region of Midland Realty, stated that the Residential Department of Midland Realty facilitated over 1000 first-hand transactions and 1400 second-hand transactions in January 2026, an increase of nearly three times and 1.8 times respectively compared to the same period last year. He believes that it is also the best January performance in recent years or even in history. Midland Realty has achieved outstanding performance in many first-hand projects, such as the West Sands project winning the sales championship for a total of 4 terms. Within the month, they also obtained the exclusive sales agency rights for two projects under The V Group, achieving remarkable results. Chen Wing-Kit believes that the property market's small recovery will continue after the Chinese New Year, and many first-hand projects are already preparing to be launched immediately after the Chinese New Year. He also looks forward to the announcement of the budget after Chinese New Year to see if there will be further measures to stimulate the economy or assist citizens in buying property, anticipating that the buying frenzy will continue after the Chinese New Year. In January, the turnover of Midland Realty's Residential Department reached HK$450 million, setting a new record high for January turnover in history.