At the end of February 2024, the Hong Kong SAR government completely lifted its tough measures on the property market and subsequently further reduced stamp duty. International factors, such as US interest rate cuts and tariff easing, have helped to revive the Hong Kong property market. Private home transactions have increased significantly, with two-bedroom units, which are relatively more affordable, also seeing a significant increase in transaction volume, reflecting strong market demand. he.app believes that given the current uncertain economic situation and the fact that new industries spawned by technology have yet to penetrate lower-tier markets, buyers with immediate needs should be fully prepared and have backup plans for potential difficulties. For investors, this may be a suitable opportunity to enter the market and wait for the economy to recover.
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