According to the data from the Land Registry, there were 76 commercial property registrations in Hong Kong in September this year, an increase of about 33.3% monthly; the registration amount is about 1.304 billion yuan, an increase of about 58.9% monthly.
The American Commercial Property Research Department stated that the relevant data mainly reflects the market conditions in August this year. With the relaxation of mortgage loan conditions for residential and non-residential properties by the Hong Kong Monetary Authority, providing incentives for investors to enter the market, coupled with the Fed announcing a half-point rate cut in mid-September, major banks in Hong Kong have also lowered mortgage rates. It is expected that in addition to residents buying commercial properties for self-use, more investors will re-enter the market in the future, absorbing quality commercial properties at low stock prices, such as ground-floor shopping malls and high ROI store locations.