Hong Kong home prices are expected to rise a further 5% next year, according to a Bloomberg Intelligence forecast, after secondary-market prices climbed 7% in the first nine months of 2026 and the rental index rose about 6%, based on data from the Rating and Valuation Department. Residential sales have rebounded this year, driven largely by mainland Chinese buyers, after Hong Kong scrapped stamp duties on residential property transactions in February 2024.
Bloomberg Intelligence expects homebuying demand from mainland buyers to stay resilient into 2027, supported by a stronger renminbi and genuine demand for owner-occupied homes, even as Beijing steps up efforts to curb capital outflows; buyer demand eased in July on concerns over tighter mainland capital controls and interest-rate risk but is showing early signs of recovery. The yuan has strengthened to a three-year high of HK$1.18, and Bloomberg Intelligence forecasts it could reach HK$1.20 next year, boosting mainland buyers’ purchasing power overseas.
Residential rents rose nearly 4% in the first half of 2026 compared with the preceding six months, according to Centaline Property, which in July forecast the strongest rental growth since summer 2016 as mainland professionals and students arrive and expatriate rental demand recovers. Improving sentiment has prompted major developers including Sun Hung Kai Properties and Henderson Land Development to step up new project launches, and new-home sales jumped 21% month on month in October.
References
Lianhe Zaobao – Hong Kong Home Prices Set to Rise 5% Next Year: Bloomberg Intelligence
