Hong Kong Property Market Remains Strong Despite Global Tensions

Despite the recent U.S. airstrikes on Iran adding uncertainty to the global political and economic landscape, Hong Kong's property market continues to thrive. According to Ming Pao, the city recorded approximately 1,420 first-hand property transactions in February, following around 2,460 in January. This brings the total for the first two months of 2026 to 3,880 transactions, marking a significant increase of over 90% compared to the same period last year, which saw about 2,005 transactions. Several new property developments are set to announce detailed sales plans this week. Among them is the DEEP WATER SOUTH series at Wong Chuk Hang Station, a collaboration between Wheelock Properties and MTR Corporation. Over the past two days, more than 2,000 people have scheduled visits to the exhibition hall located at Harbour City in Tsim Sha Tsui. The sales arrangements for the large units in Phase 6B are expected to be announced soon.