Private home completion drops to 18k in 2025, achieving 88pc of target

Hong Kong saw 18,448 private residential flats completed in 2025, down nearly 24 percent year-on-year, which accounted for 88.4 percent of the official estimate, data from the Rating and Valuation Department showed on Thursday.

Most of the new supplies are located in the Kowloon District, totaling 9,002, which makes up nearly half of the overall completion.

For December alone, the number of newly finished homes surged 1.33 times to 891.

The majority of completed flats during the period feature small and medium sizes, in which units measured smaller than 431 square feet accounted for 60.3 percent, or 537 units. 

The units spanned from 431 to 756 sq ft totalled 341 units, which made up 38.3 percent of the overall completion.