The Meilinho Price Index fell slightly by 0.09% to 148.92 points this week, with the market focusing on the new housing segment.
The latest Hong Kong "Meyer Land Price Index" reports 148.92 points, with a slight weekly decline of 0.09%, maintaining a small fluctuation pattern; however, the index has risen by 0.14% compared to four weeks ago, and so far this year, it has increased by 10.55%.
The latest report of Hong Kong's "Midland Property Price Index" stands at 148.92 points, reflecting a slight weekly decrease of 0.09%, with property prices maintaining a small fluctuation pattern; however, the index has increased by 0.14% compared to four weeks ago, and has risen by 10.55% year-to-date.
According to the latest report of the "Midland Confidence Index," which reflects the changes in weekly online listing prices and indicates owners' pricing attitudes, it stands at 76.6 points, down approximately 0.6% from the previous week.
Midland Property analyst Chan Sung-kin stated that developers are accelerating their launch pace, with several new projects being prepared for sale, and the market's attention is focused on the new housing sector. The consolidation of second-hand property transactions continues, with some owners adjusting their asking prices to expedite sales, resulting in an increase in discounted listings and a further decline in the confidence index.
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