Core Viewpoint - The Hong Kong property market is showing signs of recovery, but high inventory levels and the inability of HIBOR to remain low are hindering significant price increases in the secondary market [1] Group 1: Market Conditions - The private residential property price index in Hong Kong reached 294.3 points in October, reflecting a monthly increase of 0.4% and marking five consecutive months of growth [1] - The market is currently favoring new developments, with new project prices remaining conservative [1] Group 2: Future Projections - It is anticipated that the Federal Reserve may reduce interest rates by 0.25% in December to stimulate the economy, which could lead to a noticeable improvement in property prices after the Lunar New Year [1] - Property prices are expected to rise by 2-3% in 2025 and by 4-5% in 2026 [1] Group 3: Interest Rates and Rental Market - Hong Kong banks are projected to lower the prime interest rate by 0.125-0.25% within the year, bringing interest rates close to 3%, which is below rental yield rates, thus attracting more investors [1] - The demand for residential rentals is expected to remain stable due to government talent programs, with rental prices projected to increase by 5-6% in 2025 and by 3-5% in 2026 [1]
莱坊︰香港楼市气氛明显回暖 料明年楼价升4-5%
Zhi Tong Cai Jing·2025-11-26 03:06