The 340-square-foot flat in Lok Fu is listed at HK$4.05 million. It has been available for eleven weeks. Demographia's 2026 International Housing Affordability Survey, published in February, placed Hong Kong at the top of its least-affordable ranking for the sixteenth consecutive year, median multiple at 12.6; the South China Morning Post reported Wednesday that Beijing's outbound capital restrictions, tightened through SAFE's first-quarter personal-transfer guidance, have begun to suppress the mainland buyer pool that secondary agents in Kowloon City and Yau Tong had counted on to sustain a recovery that started in October 2025.

Centaline's secondary price index recorded a 3.2% gain from October through March. Viewings have halved since April. The SAFE guidance did not name Hong Kong property; it raised scrutiny on outbound personal transfers above a revised annual threshold, which closed the informal channel through which owner-investors from Guangdong and Shenzhen had been funding Hong Kong purchases when the formal route ran short. Sixteen years of Demographia rankings have produced no change in land-premium policy, statutory approval timelines, or construction cost. The 340-square-foot flat in Lok Fu is at HK$4.05 million, and the seller will not move below HK$3.9 million.