Knight Frank released the "2025 Outlook for the Property Market in Mainland China and Hong Kong", predicting that general residential property prices in Hong Kong will remain stable or increase by 5% next year, with rents rising by 3% to 5%; luxury property prices will remain stable, and rents will remain stable or increase by 3%. Knight Frank's Senior Director and Head of Research and Consulting for Greater China, Wang Zhaoqi, stated that the Hong Kong property market is less affected by external factors, with the main influences on the market arising from domestic demand and supply. It is anticipated that the market tone for 2025 will be better than this year, but since the inventory is still at a high level, developers' objectives will still focus on reducing stock. As interest rates further decline, it is expected that developers will accelerate the pace of launching new projects, offering more incentives and financial plans to attract buyers.