Investment from the mainland rose to the highest level in five years in the last quarter of 2025, and deal value in 2026 was set to increase by 10 per cent, Colliers said.

In the luxury residential segment, mainland capital accounted for about 80 per cent of transactions exceeding HK$100 million on The Peak and in Southern district, according to Centaline Property Agency.

In the last three months of last year, capital from the mainland accounted for about 60 per cent of the sector’s “big-ticket deals”, defined as those with a value of more than HK$100 million (US$12.8 million), Colliers said in a report on Wednesday.

Last year “marked a turning point” for the city’s battered commercial property sector, with total investment value jumping 12 per cent from a year earlier to HK$39 billion, said Thomas Chak, head of capital markets and investment services at Colliers Hong Kong.

“This momentum sets the stage for 2026, where we expect capital deployment to accelerate as investors move to capture repricing opportunities before they narrow,” Chak said.