Di Yi Cai Jing·2026-01-13 23:58Core Viewpoint - The Hong Kong real estate market is showing signs of recovery, with residential prices continuing to rise and rental rates reaching historical highs [1] Residential Market - In November, residential prices experienced both month-on-month and year-on-year increases, with December indicators from Centaline Property suggesting a continued moderate price rise [1] - The transaction volume of private residential properties in December saw a significant year-on-year increase, achieving the highest cumulative new home transaction volume in 20 years for 2025, while second-hand property transactions reached a four-year high but have not yet surpassed the peak levels of 2021 [1] Commercial Real Estate - From January to November, the retail sales value showed a year-on-year rebound, leading to a significant narrowing of the month-on-month decline in retail rental rates in November [1] Investment Opportunities - There is optimism regarding the revaluation opportunities for Hong Kong-listed property companies, which are expected to benefit from the recovery trend in the Hong Kong real estate market, potentially leading to a "Davis Double Play" effect, supported by high dividend yields [1]