The confidence index of the MBS rebounded by 5.3% week-on-week to 67.1 points, buoyed by the decrease in discount coupons.

Generated by AI AgentMarket Intel
Monday, Feb 10, 2025 2:20 am ET1min read

According to the data, the "Mason's Confidence Index" rose 5.3% week-on-week to 67.1 points. The "Mason's Property Price Index" fell 0.23% week-on-week to 128.03 points; if compared with four weeks ago, the property price index also fell 0.88%; and the index recorded a slight 0.08% decline since 2025. Mason's Property Chief Analyst Louis Ka-hui Liu pointed out that the Hang Seng Index has stabilized above 20,000 points recently, and the Lunar New Year new unit sales performed well, which boosted the confidence of the owners. The reduction in the number of discounted units led to an increase in the confidence index.

According to the discount rate on the Mason's Property website, among the three districts in Hong Kong, the discount rate in the New Territories is the highest among the three districts; if divided into smaller districts, the three districts with the highest discount rate are Tsuen Wan, Tin Shui Wai, and Nam Chang Station.

If divided by unit area, the unit with the highest discount rate is B-class units with a usable area of about 431 to 752 square feet; the second is A-class units with a usable area of about 430 square feet or less; and the third is D-class units with a usable area of about 1076 to 1721 square feet.

As for property prices, if divided into three districts, the three districts presented individual developments. The "Mason's Property Price Index in Kowloon" fell 0.34% week-on-week to 131.87 points; the "Mason's Property Price Index in New Territories" fell 0.48% week-on-week to 117.13 points; in contrast, the "Mason's Property Price Index in Hong Kong Island" rose 0.8% week-on-week to 136.67 points.

If compared with four weeks ago, the three districts' property prices all declined, with a 0.81% decline in Hong Kong Island, a 1.21% decline in Kowloon, and a 0.64% decline in the New Territories; the change in property prices since the beginning of the year, Hong Kong Island and Kowloon have risen 0.55% and 0.64% respectively; in contrast, the New Territories has fallen 0.89%.

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