Hong Kong Builders Sell Almost 300 New Homes in One Day

Apr 25, 2026, 09:40

Introduction

Hong Kong builders sold almost 300 new homes in one day. At the same time, the government says fewer new homes will be built in the next two years.

Main Body

The sales event had two projects. One is One Victoria Cove in Hung Hom. The other is Pavilia Farm III in Sha Tin. All 218 homes in the first project and all 75 homes in the second project were sold by the end of the day. The strong sales came with new data from the Rating and Valuation Department (RVD). This is a government office. It studies housing numbers. The RVD says the number of new private homes completed this year will be 8% less than last year. In 2025, 18,448 homes were completed. That was 24% less than the year before. The RVD thinks only 16,975 homes will be completed this year, and 15,362 in 2027. A researcher named Derek Chan says the supply of new homes is getting smaller. He thinks this is the main story for the next two years. He says lower supply, low interest rates, a stable stock market, and people's ability to buy will help home prices go up 15% this year. Other data from the Land Registry shows that home sales in Hong Kong were the highest in four years in 2025. There were 62,832 sales. Prices for older homes went up 3.63%. These good sales and higher prices ended a three-year drop in the housing market.

Conclusion

The quick sale of almost 300 new homes shows strong demand. Official data shows fewer new homes will be built. The market is no longer falling. But future prices depend on supply and the economy.

Vocabulary Learning

data (n.)
information or facts about something數據；資料
Example:The strong sales came with new data from the RVD.
government (n.)
the group of people who control a country or area政府
Example:The government says fewer new homes will be built.
market (n.)
the system of buying and selling things市場
Example:The market is no longer falling.
project (n.)
a planned piece of work or a group of buildings項目；計劃
Example:The sales event had two projects.
sold (v.)
past tense of sell / to give something to someone for money賣出；出售
Example:The builders sold almost 300 new homes in one day.

Sentence Learning

Hong Kong builders sold almost 300 new homes in one day.
Time Marker: This sentence uses the time marker 'in one day' to show when the action happened.時間標記：這個句子使用時間標記「in one day」來說明動作發生的時間。
All 218 homes in the first project and all 75 homes in the second project were sold by the end of the day.
Connector: This sentence uses the connector 'and' to join two groups of homes.連接詞：這個句子使用連接詞「and」來連接兩組房屋。
The strong sales came with new data from the Rating and Valuation Department (RVD).
Prepositional Phrase: This sentence uses the prepositional phrase 'from the Rating and Valuation Department' to show the source of the data.介詞短語：這個句子使用介詞短語「from the Rating and Valuation Department」來說明數據的來源。
The RVD says the number of new private homes completed this year will be 8% less than last year.
Time Marker: This sentence uses the time markers 'this year' and 'last year' to compare different years.時間標記：這個句子使用時間標記「this year」和「last year」來比較不同年份。
But future prices depend on supply and the economy.
Connector: This sentence uses the connector 'but' to show a contrast with previous information.連接詞：這個句子使用連接詞「but」來表示與先前信息的對比。