Midland Realty's research division, drawing on data from the Hong Kong Buildings Department, reported that private residential completions in June reached 3,532 units. This marks a substantial month-on-month increase of approximately 3.37 times compared to May's 809 units, setting a new eight-month high. The significant uptick in June was primarily driven by the completion of numerous new projects during the month, including Wong Chuk Hang Station's Lo Sum (447 units) and Lo Sum II (378 units), Central's Nga Ying Fung (99 units), Cheung Sha Wan's BELGRAVIA PLACE Phase 2 (248 units), Wong Tai Sin's Wui Chun (195 units), Kam Sheung Road's Park III (680 units), Kwu Tung North's Doi Wui (682 units), Hung Hom's Wun Yin Yi Kiu Tower 3 (260 units), Chai Wan's Hyde Park Phase 2 (258 units), Prince Edward's Prince One (139 units), Ho Man Tin's Hung King (91 units), and Sheung Wan's Hollywood Road 165 project (55 units).

Midland Realty analyst Sam Chung-hin noted that the sharp rise in June completions brought the first-half cumulative total to 7,914 units. However, this still represents a year-on-year decline of approximately 21.4% compared to the 10,063 units recorded during the same period last year. When measured against the Hong Kong Rating and Valuation Department's full-year forecast of 16,975 units, the first-half completions account for roughly 46.6% of the annual target. While several new projects are expected to be completed in the second half of the year, even if the full-year forecast is ultimately achieved, total completions would still be approximately 8% lower than last year's 18,448 units. More critically, the Rating and Valuation Department projects that next year's completions will further decrease to around 15,360 units, marking another year-on-year reduction of about 9.5%. This suggests that the peak period for private residential completions has passed.

Chung further elaborated that of the over 7,900 units completed in the first half of this year, a considerable portion has already been absorbed by the market. According to Midland Realty's research, which consolidates data from the First-hand Residential Property Sales Information Network and market sources, as of August 20, approximately 5,328 units out of the 7,914 completed in the first half have been sold, representing a sales rate of around 67.3%. The remaining 2,586 units are still available for sale. When broken down by region, the New Territories recorded the highest number of completions in the first half with 5,045 units, of which 3,337 were sold, achieving a sales rate of about 66.1%. On Hong Kong Island, 1,808 units were completed in the first half, with 1,352 sold, resulting in a sales rate of 74.8%, the highest among the three regions. As for Kowloon, approximately 1,061 units were completed in the first half, with 639 units sold, translating to a sales rate of around 60.2%.