Hong Kong Property: Homebuying Essentials

J.P. Morgan presents a practical guide to buying residential property in Hong Kong. The report sets out ten key site-selection criteria: MTR connectivity (ideally linked to more than two lines), proximity to a shopping mall and a fresh market, a node within a cluster offering scarcity value, closeness to universities, good secondary and international schools, the CBD (Central and West Kowloon), and major transport hubs such as the West Kowloon high-speed rail station, alongside district branding, younger building age and unit layout. Using HK Rating and Valuation Department and Centaline data, it compares home price changes across past upcycles and downcycles by flat size, district, MTR proximity and building age, and reviews price changes in major estates versus March 2025 and the August 2021 peak, noting transaction mix can distort individual projects so trends should be read in aggregate. A case study of Pavilia Farm illustrates project-level alpha, and the report maps the four most