Midland Realty: In the first half of the year, there were 12,459 transactions registered for the sale of first-hand private residential properties in Hong Kong, with a total value exceeding HK$150 billion.

Yang Mingyi, Senior Co-Chairman of the Research Department of Midland Realty, pointed out that in the second quarter of 2026, there were 6,953 first-hand private residential sale and purchase agreements recorded in Hong Kong, with a total value of HK$85.948 billion. This is an increase of 26.3% in terms of number of transactions and 32.7% in total value compared to the first quarter, with 5,506 transactions and HK$64.750 billion. In the first half of the year, there were a total of 12,459 first-hand private residential sale and purchase agreements, valued at HK$150.698 billion. After the Lunar New Year, developers actively promoted new projects, and buyers and investors showed strong purchasing power. Combined with mortgage incentive plans from banks, the hot sales of new projects led to a record high of 7,031 transactions in 28 quarters since the second quarter of 2019, and the total amount reached the second highest since 1996, only lower than the HK$88.088 billion in the second quarter of 2017. Continuing with the strong sales of new projects, the number of transactions and total value in the first half of the year reached 60.7% and 66.8% of the total transactions and total value of the whole year of 2025, recording a historic high in the past 31 years. With the World Cup entering the final stages and the stock market rebounding, several large new projects are gearing up for launch. It is believed that the first-hand market will maintain a steady and positive trend in the second half of the year. It is predicted that there will be around 20,000 first-hand transactions in 2026, similar to the number in 2025, and the total value is expected to exceed HK$200 billion for the third consecutive year. In the first half of 2026, the top developer in terms of sales amount was Henderson Land Development, with 1,941 transactions and HK$21.653 billion. Other major developers include: Sun Hung Kai Properties with HK$20.698 billion (2,238 transactions), Wheelock Properties with HK$14.065 billion (1,340 transactions), and Sino Land with HK$12.761 billion (1,525 transactions). In terms of residential projects, the top projects in terms of sales amount in the first half of 2026 were: The Bloomsway phase 13B - Marinella I with HK$6.950 billion and 786 transactions; Parc City phase 3 with HK$5.340 billion and 322 transactions; Sierra Sea IIB with HK$4.731 billion and 758 transactions; Sierra Sea IIA with HK$4.474 billion and 714 transactions; and Tien Yu phase 2 with HK$3.512 billion and 21 transactions.