February sees 6,669 residential sales as primary market commands 38%

JLL reported 2,567 new-build units sold in the month as mass residential values rise 0.5%.

Hong Kong’s residential market recorded 6,669 sales transactions in February 2026, including 4,102 secondary-market and 2,567 primary-market sales, according to JLL’s March 2026 Hong Kong Monthly Market Dynamics report.

Mass residential capital values rose 0.5% month on month, whilst luxury transactions included a Repulse Bay property sold for $372.9m.

The report noted that the primary market accounted for 38% of total transactions, with new launches seeing moderate activity.

Secondary-market sales remained the largest segment, with notable transactions in Mid-Levels and Kowloon districts.

JLL also reported that overall residential transaction volume showed a slight increase compared with January 2026, whilst property prices in the mass market continued a gradual upward trend.

JLL provided detailed submarket-level data on transaction volumes and capital values, tracking both luxury and mass residential segments.