Midland Group Chief Executive Officer and Midland Realty Executive Director Ma Tai-yeung stated that Hong Kong's new property launch market has become active again since August and grew even more vibrant in September. In mid-September, the "Hong Kong First Five-Year Plan" and the new "Policy Address" were announced, laying a more solid policy foundation for the long-term healthy development of Hong Kong's property market and strengthening market confidence in the outlook. Benefiting from multiple positive factors including Hong Kong interest rates not following rate hikes, the Hong Kong property market has entered a "Golden October," with property transactions clearly turning more active, developers accelerating their launch pace, and purchasing power continuously being released. This drove September's first-hand transaction volume to approximately 1,400 units, rising for two consecutive months and hitting a four-month high, reflecting a steady recovery in first-hand market demand.

Looking ahead, Ma Tai-yeung pointed out that following September's strong first-hand momentum, multiple new projects are preparing to launch in October, making market supply more diversified. Notably, some projects have been priced quite attractively, which is expected to trigger a release of purchasing power. Driven by both launch volume and attractive pricing, the robust momentum in the first-hand market is expected to continue in October. If developers maintain an ideal launch pace, monthly first-hand transactions could exceed 2,000 units, marking not only three consecutive months of over 1,000 units but also what is believed to be a strong start for the fourth quarter.

Ma Tai-yeung stated that this year's new project market has performed robustly, with first-hand absorption power remaining strong and results outstanding. Based on data from the "First-Hand Residential Property Sales Information Portal" and market intelligence, Hong Kong's first-hand private residential transaction value has already surpassed HK$190 billion in the first nine months of this year, a highly satisfactory performance. Based on the current launch pace and absorption strength, it is believed that the HK$200 billion mark could be further breached within October, which would make it the fastest year to surpass HK$200 billion since 2017, clearly demonstrating that this year's new project market has significantly accelerated its pace of capital absorption.