智通财经网·2026-01-12 07:35Group 1 - Citigroup revised its forecast for Hong Kong residential property prices in 2026 from an increase of 3% to 8%, anticipating a further acceleration in 2027, marking the beginning of a multi-year upward cycle [1] - The fundamental supporting factors include a new low in land supply, a decrease in available units, and a projected net absorption starting in 2026, with new sales expected to reach 21,000 units [1][2] - Rental prices are expected to rise cumulatively by 20% from 2023 to 2025, with an average rental yield of 3.5%, supporting future demand [1] Group 2 - The outlook for Hong Kong real estate stocks in 2026 is more positive, driven by an upward price cycle, improved profit margins, and a reduction in debt and financing costs for listed property companies [2] - The second quarter is traditionally a peak season for the property market, with expectations for increased asset turnover starting in March [2] - Recommended stocks include Sun Hung Kai Properties, Sino Land, and Henderson Land, benefiting from rising profit margins and NAV [3]