property
Tsim Sha Tsui Flat Prices Rise 4.8% in Q2 2026
Second-quarter data reveals Tsim Sha Tsui property prices reached HK$28,500/sqft. Waterfront apartments and Salisbury Road units see strongest gains.
How we reported this
Tsim Sha Tsui residential prices posted a 4.8 percent increase between April and June compared with the first quarter, lifting the average to HK$28,500 per square foot and placing the figure 7.2 percent above the level recorded at the same point in 2025.
The movement arrives as transaction volumes picked up after the Lunar New Year lull, with buyers returning to smaller units near transport hubs while larger apartments along the harbour front continued to attract overseas interest.
Street-level shifts
Properties on Salisbury Road and Canton Road recorded the strongest quarterly lift, with resale units in The Gateway and The Masterpiece changing hands at an average HK$31,200 per square foot. Further inland, blocks near Nathan Road and the iSquare development saw more modest 2.9 percent growth, reflecting steady demand from local families who work in the nearby office towers.
Agents at Centaline Property noted that listings on the Tsim Sha Tsui Promenade remained on the market for an average of 28 days, down from 41 days a year earlier, while units inside Harbour City’s residential towers moved even faster when priced under HK$15 million.
Market indicators and outlook
Land Registry figures released on 9 July show 187 residential transactions in the district during the second quarter, up from 142 in the same period last year. The median price per square foot for units between 400 and 600 square feet reached HK$27,800, a level last seen in early 2023 before the previous correction.
Buyers considering entry this summer should compare recent sale prices on Salisbury Road with those on side streets such as Ashley Road, where yields remain closer to 3.1 percent. Checking the next batch of Land Registry releases in mid-August will give a clearer read on whether the current pace holds through the traditionally quieter summer months.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.