Market Chatter: Hong Kong Home Supply to Exceed 30,000 Units in 2026, Ricacorp Says

MT Newswires Live10:24

Hong Kong's primary home market could see more than 30,000 units of potential supply next year, including new launches and unsold stock, as developers push sales amid steady demand, The Standard reported, citing property agency Ricacorp.

According to the report, first-hand residential transactions are expected to total about 19,900 this year, supported by market-aligned pricing of new projects, said Ricacorp research head Derek Chan Hoi-chiu.

Developers are likely to step up launches in 2026, with more than 18,000 units from new projects, while also selling existing inventory, which has fallen to around 20,000 units, it added.

He reportedly expects an improving economy and lower interest rates to lift home prices about 7% in 2026, with small- to mid-sized flats rising 6-8% and luxury homes up about 8%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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