Yeung Ming-yee, senior co-director of the Central Plains Real Estate Research Department, pointed out that as of April 24, Hong Kong had temporarily recorded 8,239 overall property sales contract registrations (including residential, parking spaces and commercial properties) in April 2024, with a total value of HK$70.556 billion. It is estimated that there were 9700 cases and HK$83 billion in the month, a sharp increase of 93.5% and 1.22 times, respectively, from 5103 cases and HK$37.371 billion in March. Reflecting the rapid rise in the property market atmosphere after the complete withdrawal of the market at the end of February, there was a sharp rise in turnover during March, driving the overall number of registrations in April to a new high in 33 months (nearly 3 years) after 9957 cases in July 2021, and the amount will reach a new high for 20 months (over 1 year and a half) after HK$91.6 billion in August 2022.