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Hong Kong property
MoneyMarkets & Investing

Buyers eye Hong Kong luxury properties as agents predict price growth will remain mild

Big-ticket luxury home prices expected to rise up to 2% as more buyers enter the market and momentum stays buoyant after strong first half

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Hong Kong skyline with business area taken at the Peak. Agents have predicted Hong Kong’s luxury property market will stay resilient throughout 2026 but prices could remain mild. Photo: Sam Tsang
Chris Tsang
Hong Kong’s luxury property market will remain resilient for the rest of the year but prices could stay mild, according to property agents, following the market’s robust rebound in the first half.
According to data provided by Midland Realty, the transaction volume and value of luxury properties worth over HK$50 million (US$6.38 million) – in both the primary and secondary markets – registered a significant growth in the first half of 2026, reflecting a vibrant high-end property market and a continuous influx of capital into the sector.

Up to the end of June, the transaction volume of primary private residential properties valued over HK$50 million reached 296 cases, representing a surge of 80.5 per cent compared to the 164 cases in the first half of 2025.

In terms of transaction value, the total primary luxury sales amounted to HK$30.33 billion in the period, which represented a twofold growth versus HK$15.059 billion in the first half of 2025.

A slew of luxury property deals have been sealed recently, for example, Hong Kong actor and singer Eason Chan bought a home in Shouson Hill for HK$182.53 million in June.

The same month, the president of a Shanghai-listed mining company Tibet Summit Resources, Mao Yuankai, was identified as the buyer of a luxury house in Hong Kong’s Stanley district for HK$220 million.

Secondary transactions valued above HK$50 million stood at 172 cases as of the end of June, representing an increase of 59.3 per cent, compared to 108 for the first half of 2025.

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