In recent market dynamics, a low-level unit, B9, in the Tai Wai Hoi Wo Court area, with an area of 401 square feet, was transacted recently at a price of HK$4.5 million, setting a new low for this type of unit. However, the seller of this unit suffered a loss of HK$3.506 million over nearly 6 years, representing a decrease of 43.8%. Similarly, a one-bedroom unit in the Kwun Tong Kai Fai area incurred a loss of over HK$2 million over the past 5 years.

These data reflect the ongoing decline in the Hong Kong property market. Even larger units have not been spared. For example, a high-level unit, C, in Block 7 of YOHO Midtown in Yuen Long, with an area of 1,026 square feet, was transacted recently at HK$13.2 million, yet the original homeowner faced a loss of HK$1.4697 million over a holding period of over 6 years. Similar situations have been observed in other estates, such as a unit in Ying Tung Bay, Ma On Shan, which was transacted at HK$8.18 million, resulting in a loss of HK$1.42 million over nearly 4 years.

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Even in high-priced estates, such as XI II, located above the Nam Cheong Station in Cheung Sha Wan, a unit was sold for HK$7.95 million after being on the market for half a year, resulting in a loss of HK$1.1766 million for the original homeowner over a holding period of about 5 and a half years.

In response, market participants have expressed concerns about the future trend of the property market. Chen Chun-hui, Regional Joint Director of Midland Realty, expressed that the recent increase in purchasing power has not stimulated a rise in property prices, which may reflect concerns about the future economic trend in the market. Assistant Regional Business Director Li Jianfeng of Century 21 Chi Fung Branch also pointed out that despite the government's cancellation of control policies, market confidence has not rebounded, which may lead to sustained weakness in the property market.

The future trend of the Hong Kong property market remains uncertain. Although the government has taken a series of measures to stimulate purchasing power, investors' concerns about the economic outlook may continue to hinder the market's recovery. Meanwhile, original homeowners may continue to face the risk of financial losses, especially those who have held onto their properties for the long term. Therefore, the development of the property market warrants close attention.