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Shih Wing Ching: HK Home Prices Rise Radically But Will Not Reverse Lower
2026-07-17 14:03:23
Regarding Hong Kong's property market, Shih Wing Ching, Founder of Centaline Group, said home prices have leapfrogged so far this year, climbing more than 10% in 1H26, and therefore opined that a total increment of 20% for the full year would not be unreasonable.

He noted that the recent upward momentum has already slowed, while underscoring that prices will not take a deep plunge. Although fewer buyers are chasing prices, transaction prices remain elevated. He opined the current rise in home prices has been too rapid and therefore the market needs a short pause, but he does not believe the trend is reversing downward.
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