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Why asking price is not the market

List prices in Hong Kong are often a test. Completed sales are the signal.

Updated 28 Jul 2026 · Part of Guides

Direct answer

An asking price is what someone hopes to get. The market price is closer to what similar flats in the same building recently sold for. Tudi puts that reference (Guide) next to the ask so you can judge the gap before you view.

Why the gap exists

Sellers and agents test the market. Some listings sit high for months. Others price to move. Without recent comps in the same estate, it is easy to treat the ask as the truth.

What to look at instead

  • Guide vs ask on the listing
  • Risks that change the deal (works, light, thin data, age bands)
  • Your own budget — Guide is a reference, not a target

Compare ask to Guide

Search an estate and sort by value

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This guide is educational. It is not legal, mortgage, or investment advice.