According to the Hong Kong Property Review Monthly Supplement released by the Rating and Valuation Department (RVD), the number of private residential completions in Hong Kong was only 330 units in May, 2025, marking a nosedive of 79.5% compared to the previous month's 1,610 units, a record low of nearly a year, and the first time in nine months that it has fallen below 1,000 units.The cumulative number of completions for 5M25 was 7,426 units, 30% higher than the 5,679 units in the same period last year, accounting for around 35.5% of the RVD's forecast of 20,862 units for the entire year.