Relaxing residential mortgage loan conditions, resolving the issue of 'subdivided units', the Hong Kong property market welcomes multiple major bullish factors.

①"Relaxing mortgage restrictions has indirectly reduced initial expenses, lowered the entry threshold, and removed mortgage restrictions based on property prices or usage. It is believed that this measure will attract market demand and foreign capital back to the Hong Kong property market." ②" It is expected that the number of first-hand property transactions in October may reach 3,000 units, potentially hitting a new high in nearly 7 months, and property prices are also expected to stop falling and rebound in the fourth quarter."

cls.cnOct 16 07:26 ET

Hong Kong Relaxes Mortgage Rules to Bolster Property Market

BNN BloombergOct 16 01:39 ET

Major rating | UBS group: Hong Kong property stocks are expected to continue to rebound, with Henderson Land, Kerry PPT, and SHK PPT being the top choices.

UBS group's report points out that Hong Kong property prices have adjusted by 28% since 2018, mainly due to higher interest rate ceilings as interest rates rise. However, the bank believes that with interest rate cuts, limited supply, inflow of population, and rising rents, property prices may start to rise from now on, with a forecasted compound annual growth rate of 5% for residential rents by 2030. The bank holds a positive view on hong kong property stocks, believing that the industry's current price is discounted by 56% compared to the average net asset value (NAV), still within the undervalued range since 1994. Property stocks are expected to continue to rebound, with Henderson Land, Kerry PPT, and SHK PPT being the top choices in the industry.

Gelonghui FinanceOct 15 02:30 ET

"Sun Hung Kai Properties Hong Kong Cyclothon 2024" Concludes With Resounding Success

BusinesswireOct 14 03:29 ET

Sun Hung Kai Properties Limited Just Missed Earnings - But Analysts Have Updated Their Models

Simply Wall StOct 10 18:12 ET

Market Chatter: Hong Kong Property Developers to Put About 18,000 Apartment Units on Market

MT NewswiresOct 10 00:08 ET