Written by Dave Platter, Global PR Director

Dave Platter’s July 2025 newsletter highlights a significant resurgence of Mainland Chinese buyers in Hong Kong’s super-luxury housing market. Between January and May 2025, these buyers accounted for approximately 70% of all Hong Kong home sales over HK$100 million, including prestigious addresses like Mount Nicholson and Barker Road. This trend indicates a strong recovery in the high-end sector, with 42 super-luxury home sales exceeding USD 10millionrecordedsofarthisyear,a17144,415 per square foot for a first-hand stratified unit in June. 

While overall Hong Kong home prices are still 28% below their 2021 peak, these recent high-value transactions signal a distinct pivot in the luxury market. Nelson Li, Director of IQI Hong Kong, attributes this momentum to proactive efforts over recent months, including bringing overseas buyers from regions like Thailand, Australia, Dubai, Japan, and Indonesia to Hong Kong. An anecdotal example of this strong demand is a mainland buyer swiftly purchasing a HK$1 billion house at Mont Verra in Kowloon Tong, even before another interested buyer from Dubai could finalize their money transfer, underscoring the intense competition for prime properties in the city.