Daily dose of HK & mainland China Real Estate Research Focus and Views on the News

Research evidence excerpt

Daily dose of HK & mainland China Real Estate Research Focus and Views on the News

Equities ● Real Estate

12 May 2026

Summary of news

Hong Kong

78 s s ‘T p 35’ s s s s

HKEJ/HKET: According to Midland, there were 78 purchases of homes among the “Top 35 Most

Popular Housing Estates” in the secondary market over the past week (4-10 May), down 23.5%

w-o-w but remaining c20% above last year’s weekly average of 65 transactions. Midland

comments that as market attention continues to focus on the primary market, secondary market

turnover eased from recent highs last week.

Midland Confidence Index up 0.1% w-o-w to 81.2ppt

Midland/HKET: Midland Confidence Index (MCI), which reflects the degree of confidence of

property owners who have put their properties up for sale, was up 0.1% w-o-w to 81.2ppt.

Midland comments that rising home prices and strong new project sales have improved overall

market sentiment, helping to bolster homeowners’ confidence.

34 units to be launched at La Montagne Phase 4B

HKEJ/HKET: Kerry properties, Sino Land and Swire properties announced that they planned to

launch the first sales arrangement for 34 units this Friday (15 May) at their co-developed project

in Wong Chuk Hung, La Montagne Phase 4B. All 34 units will be launched via tender offering.

The batch comprises three- and four-bedroom units, which are sized at 960-1,515 sqft.

Mainland China

’s s s s 5-year high on 10 May

Guandian: According to Shanghai’s official real estate trading information platform, the city

recorded 1,664 units of online registered secondary transactions on 10 May (including

commercial and residential units), surpassing the previous 5-year peak of 1,632 units set on 11

April 2026. As of 10 May, month-to-date secondary transactions totalled 6,905 units, while year-