The uptick stems from a combination of increased project launches and the conclusion of a period typically viewed as inauspicious for property investment. According to Huttons Asia Chief Executive Mark Yip, the sequential growth reflects the market shaking off seasonal hesitation as developers brought more inventory to the fore. Christine Sun of Realion Group anticipates this momentum will carry into the final quarter, with developers positioning new projects ahead of the year-end holiday season.

Despite recent fluctuations in interest rates, analysts remain optimistic regarding overall demand. Yip maintains that historical data suggests rate adjustments exert minimal pressure on the primary market, with current projections placing total transaction volume for the year at approximately 7,000 units.