2025 real estate market outlook for Hong Kong, Australia, and Malaysia

For PropertyGuru’s real estate news roundup, we look at the 2025 real estate forecasts from experts in several markets. Eddie Kwok shares highlights of CBRE’s findings on the Hong Kong residential market. John McGrath, Chief Executive Officer of McGrath Estate Agents, provides a glimpse of what’s ahead for Australian property. Malaysian property consultants are optimistic about stronger market growth in 2025.

CBRE Hong Kong Residential Market Outlook 2025

CBRE has looked into major areas of Hong Kong’s residential property market for 2025. Eddie Kwok, Executive Director, Valuation & Advisory Services, CBRE Hong Kong, shares highlights of the findings:

• Primary market will see volume growth at stable prices
• Secondary market will see price rebound from a low base
• Overall transaction volume is estimated to hit close to 60,000 transaction

RETalk Asia reports on the rest of Eddie Kwok’s highlights of major areas in the Hong Kong residential property market for 2025.

John McGrath – What’s ahead for Australian property in 2025

Property is entering a new phase as we start the new year, with price growth slowing across Australia, according to John McGrath in The Real Estate Conversation. The key indicator was the first fall in the national median value in December after 22 consecutive months of growth. It was only a 0.1 percent drop, but it was a clear signal of changed market conditions. Looking ahead, the market may cool off for a period regardless of when interest rate cuts begin. The first couple of rate cuts won’t make a huge difference to the market but will have a positive impact on confidence. Interest rates are going to have to come down by 1 percent or 2 percent before there’s a real relief for homeowners and buyers. We saw a weakening in demand and a rising supply of homes for sale toward the end of 2024.

Local consultants’ poll: Stronger market growth momentum for Malaysia set for 2025

The Malaysian property market had a good 2024, with notable increases in transaction volume and value in the first nine months across all segments, particularly in residential and industrial. This growth was driven by economic stability, investor confidence and a robust financial system, which collectively supported market momentum. The consensus among the consultants whom City & Country spoke to is that the market will remain positive heading into 2025. Key factors include rising minimum wages hence stronger spending power, lower unemployment rate, growing foreign direct investment (FDI) and more upcoming mega projects and policies that are set to benefit the industry. The Edge Malaysia provides further insights from these experts.

The Property Report editors wrote this article. For more information, email: [email protected].