Hong Kong Q1 Bulk Buyers Purchase 722 Units Worth HK$7.24 Billion, Up 40% Quarterly

Gate News message, April 16 — According to Cengsong Qian, an analyst at Midland Properties, bulk buyers in Hong Kong’s primary market recorded 268 transactions in the first quarter of 2026, up 41.1% quarter-on-quarter. These large-scale buyers (defined as the same purchaser buying multiple units in the same new project within the same month) acquired a total of 722 units, representing a 40% quarterly increase. The total investment reached approximately HK$7.24 billion, up 20% quarter-on-quarter, with both transaction volume and investment value hitting new highs since the removal of property purchase restrictions.

By district, Sai Kung led with 460 units, all from the SIERRA SEA project, which was also the most active development for bulk buyers in Q1. Kai Tak followed with 55 units across multiple new projects, including 14 units from DOUBLE COAST, 13 from THE HENLEY, and 10 from Kai Tak Waterfront. Tsim Sha Tsui/Jordan recorded 33 units, all from a single project. North Point and Central accounted for 29 and 26 units respectively.

By price segment, units priced at HK$6 million or below dominated with 363 units, representing 50% of total bulk buyer purchases and surging 116.1% quarter-on-quarter. Units priced between HK$6 million and HK$10 million totaled 267 units, up 29.6% quarterly. Units exceeding HK$10 million saw only 82 transactions, declining 40% quarter-on-quarter, indicating bulk buyers’ preference for mid-range properties.