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RVD: HK Private Residential Completions to Fall to 20,800 Units in 2025 and 20,100 in 2026
2025-04-25 14:57:09
The Rating and Valuation Department (RVD) released its latest property report for Hong Kong, stating that private residential completions in 2024 rocketed 75% YoY to 24,261 units, predominantly small-to-medium-sized units.

The take-up of units during 2024 reached 17,305, up 10% from 2023. By the end of 2024, the private residential vacancy stood at approximately 57,900 units, representing about 4.5% of total stock.

The RVD forecast private residential completions to decline to 20,862 units in 2025 and further to 20,098 units in 2026.
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