No Data
No Data
J.P. Morgan: LINK REIT (00823) is the top choice in Hong Kong's Real Estate Industry, while avoiding WHARF REIC (01997).
Overall, the performance may be mediocre, but the guidance regarding capital circulation (such as land use, Swire, and Link REIT) may be a highlight, while also paying attention to the possible improvement in Luxury Goods retail sales in the mainland that may occur in the second quarter (related to HANG LUNG PPT).
Market Chatter: Sun Hung Kai Properties Wins HK$602 Million Bid for Hong Kong Residential Site
Zhongyuan Mortgage: In January, there were 31 registrations of elderly mortgages in Hong Kong, a month-on-month increase of 10.7%.
Since the launch of the Elderly Mortgage Scheme, BOC HONG KONG has consistently ranked first in market share, accounting for 30 cases this January, with a market share of 96.8%.
Kerry Research: The Real Estate market is still in the "stabilization phase after a decline" with resilience remaining in first-tier cities.
According to CRIC Real Estate Research, the current Real Estate market is still in the "stabilization" phase, with expected year-on-year positive growth in February for both new and second-hand home transactions, and first-tier cities still show resilience.
Central China Real Estate: The expected ROI for Hong Kong CRI in the first quarter is maintained at over 3.4%.
Yang Mingyi stated that after the Lunar New Year, rental transactions are expected to rebound strongly, with rents likely to end their adjustment and experience a slight increase, while short-term property prices will continue to hold steady. Looking ahead to the first quarter of 2025, the ROI is still projected to remain above 3.4%.
Hong Kong Property Stocks broadly declined, SWIRE PACIFIC A (00019) fell by 4.33%. DWS: The outlook for the Hong Kong property market remains pessimistic.
Gold News | Hong Kong Property Stocks experienced a widespread decline, with SWIRE PACIFIC A (00019) down 4.33%, SWIREPROPERTIES (01972) down 3.17%, WHARF REIC (01997) down 2.61%, NEW WORLD DEV (00017) down 2.58%, HENDERSON LAND (00012) down 2.53%, and SHK PPT (00016) down 1.67%. The recent performance of Hong Kong developers has garnered significant attention, with DWS Asia Pacific Investment Director Wu Shuangrong stating that, apart from a few developers experiencing growth due to contract sales recognition, the majority of developers' earnings are expected to fall short of last year's performance.