Hong Kong’s property market showed significant improvement in September, with the Land Registry recording 6,870 sale and purchase agreements — up 6.3% from August and 78.8% YoY. Total consideration reached HK$53.5 billion ($6.84 billion), marking an 11.9% monthly increase and 93.4% annual surge. Residential units accounted for most transactions, with 5,643 agreements representing a 6.7% increase from August and 98.1% jump from September 2023. Residential transaction value stood at HK$47.2 billion ($6.04 billion), up 11.9% month-on-month and 126.6% higher YoY. Land register searches reached 401,196 in September, up 3.2% monthly and 13% annually.