智通财经APP获悉，第一太平戴维斯发表的香港住宅租赁市场报告指出，11月香港住宅租赁市场呈现全 面活跃态势，各价格区间需求稳健。中半山月租低于10万港元的单位成交显著增加，而高端板块则集中 于月租10万港元以上、大面积且配备高端设施的新建豪宅。 内地富裕租客成为推动高端市场的主力，导致中半山及山顶优质租盘供应趋紧。与此同时，企业租户与 年轻专业人士偏好西九龙、愉景湾等性价比高的区域，家庭租客则聚焦中半山等生活便利性高的物业。 新兴区域如启德亦因全新私人屋苑落成而吸引对价格较敏感的内地租客。在供应偏紧、需求多元的背景 下，市场预计将持续稳健发展。 服务式公寓需求稳健：受惠于香港IPO市场活跃，内地投行专业人士短期住宿需求持续，中环地段预算 3-4万港元，西环及上环则为2-3万港元。 第一太平戴维斯研究及顾问谘询部董事汤卓轩表示，第三季度香港住宅租赁市场因内地富裕租客寻求优 质物业而表现活跃。有限的黄金地段供应与对高性价比区域日益增长的需求形成对比。服务式公寓板块 保持稳定，主要受内地专业人士来港处理IPO申请而产生的短期住宿需求驱动。 第一太平戴维斯香港住宅服务部董事李宝芳指出，内地富裕租客对高端物业的聚焦需求 ...

香港楼市正在逐步复苏。 清晨，罗湖口岸的过关人流已开始涌动。"我每天早上7点出门，从罗湖口岸过关去香港上班，全程算下来接近一个小时左右，即便是麻烦了点，但可以省 下不少钱。"在香港工作的陈胜（化名）之前租住在香港大学附近。现在，尽管每天需要花费两个小时在通勤上，但他并不后悔这一选择。 越来越多的数据显示，香港楼市正稳步复苏，租金也跟着水涨船高。美联"租金走势图"显示，今年10月以实用面积计算的私人住宅平均呎租报约38.71港 元，环比微跌约0.18%，连升8个月后稍作调整。不过，美联物业分析师岑颂谦认为，传统的租赁旺季结束，租金也仅仅轻微回落，今年前10个月香港租 金仍累计上涨2.76%，高于2019年7月的纪录高位38.33港元。"随着香港本地住屋需求增加，加上政府积极吸纳人才，私人住宅平均呎租短期内会高位震 荡，明年有望继续上升。" 陈胜告诉记者，自己之前在香港大学附近租住的房源，月租金较去年同期上涨近1000港元，相当于不到深圳40平方米的户型，租金要1.5万港元到1.6万港 元左右，而且那边租住的客源很多来自于通过香港高才通、优才计划赴港的人士。 （香港出租房源吴家明/摄） 现在，陈胜搬回了罗湖口岸旁 ...

Core Points - Shanghai has implemented various youth-oriented policies to support entrepreneurship and community engagement, fostering a sense of belonging among young people [1][2] - The "Starfire" volunteer service team at Fudan University plays a significant role in promoting Marxist theory and engaging with the community through innovative storytelling [2][3] - The "Story Store" initiative in Changning District serves as a creative space for young entrepreneurs, showcasing local brands and facilitating community interaction [4][5] - The "24-hour Young Power Unit" in Zhangjiang Science City focuses on providing a balanced lifestyle for youth, integrating work, study, and social activities [6][7] - The "Rider-Friendly Community" model by Meituan enhances the working environment for delivery riders, promoting a supportive community [10] - The Huazhu Youchao community in Minhang District offers affordable housing and various community services, significantly improving living conditions for young workers [11][12] Group 1 - Shanghai has created a vibrant community for youth entrepreneurship and engagement through various supportive policies [1][2] - The "Starfire" service team enhances youth understanding of Marxist theory and engages with diverse audiences [2][3] - The "Story Store" initiative promotes local entrepreneurship and community storytelling [4][5] Group 2 - The "24-hour Young Power Unit" in Zhangjiang Science City provides comprehensive support for youth living and working [6][7] - Meituan's "Rider-Friendly Community" model improves the working conditions for delivery riders across the nation [10] - The Huazhu Youchao community offers affordable housing and essential services, fostering a sense of belonging among young residents [11][12]

Core Viewpoint - Kerry Properties (00683) has announced the renewal of a lease for its office spaces located in Kerry Centre, with a rental agreement set for two years starting from November 19, 2025, to November 18, 2027, at a monthly rent of approximately HKD 2.322 million [1] Group 1 - The lease renewal involves properties on the 3rd, 5th, 22nd, 25th, and 26th floors of Kerry Centre [1] - The company intends to continue using these properties for its corporate office in Hong Kong [1]

Core Viewpoint - Kerry Properties (00683) has announced the renewal of lease agreements for certain properties located in Kerry Centre, with a rental fee of approximately HKD 2.322 million per month, effective from November 19, 2025, to November 18, 2027 [1] Group 1 - The lease renewal involves properties on the 3rd, 5th, 22nd, 25th, and 26th floors of Kerry Centre [1] - The properties will continue to be used as the company's office in Hong Kong [1]

Core Viewpoint - The current recovery in the Hong Kong property market is driven by improved funding conditions and stronger economic expectations, which will enhance capital market sentiment and create a positive cycle between the stock and property markets [1][10]. Group 1: Market Dynamics - The rental yield in Hong Kong (3.6%) exceeds the mortgage rate (3.22%), while in mainland China's first-tier cities, the rental yield is below 2%, which is lower than the mortgage rate of 3.1% [2]. - The recent stabilization and recovery of Hong Kong property prices have raised concerns among some investors about potential capital outflows from the stock market due to the property market's recovery [2]. - Historical trends show that recoveries in overseas real estate markets do not typically lead to a substitution effect with stock markets, as seen in various global financial crises [4]. Group 2: Liquidity and Economic Factors - Hong Kong's stock market liquidity is primarily influenced by global macroeconomic factors, such as Federal Reserve policies, geopolitical issues, and mainland China's economic fundamentals, rather than the property market [10]. - The current recovery in the Hong Kong property market is linked to improved funding conditions and rising risk appetite, which are expected to further boost capital market sentiment [10]. Group 3: Policy and Economic Environment - The active property transactions in Hong Kong are supported by continuous policy easing, including tax reductions for non-local buyers and lower mortgage rates due to the Federal Reserve's interest rate cuts [13]. - The average rental yield in Hong Kong has surpassed 3.5% this year, enhancing the attractiveness of property investments [13]. Group 4: Investment Strategy - The current rise in Hong Kong stocks is underpinned by strong fundamentals, suggesting a barbell strategy in asset allocation, with a focus on dividend stocks and growth assets [15]. - There is potential for capital inflows into core assets with global competitive advantages, such as technology and renewable energy sectors, as liquidity improves in the Hong Kong stock market [15].

该物业为深圳市前海深港合作区南山街道梦海大道5035号前海华润金融中心T5办公室13层01A、11、12 单元。总面积341平方米。 集团于香港从事餐厅业务及现有意在中国发展。董事相信，该物业是办公室好地段。租赁协议的条款 (包括租金)乃由煌鼎与华润置地前海经考虑现行市场租金、该等物业附近类似物业的租赁条款后公平磋 商厘定。董事认为订立租赁协议以及其条款及条件属公平合理，且符合公司及其股东的整体利益。 倩碧控股(08367)发布公告，于2025年11月14日，公司间接全资附属煌鼎智链供应链(深圳)有限公司(煌 鼎，作为租户)与华润置地前海(作为业主)，就物业的租赁订立租赁协议，自2025年11月15日起至2028年 11月14日止(包括首尾两日)为期三年租赁，用途作为煌鼎的办公室。 根据租赁协议，总代价估计约为170万港元，不包括政府差饷、管理费、空调费及水电煤费。整个租期 内的租金为每月5.6万港元。 ...

Core Insights - The average rental prices for commercial units in Macau decreased by 1.1% in Q3 2025 compared to Q2 2025, with specific declines in office and industrial units of 1.7% and 2.3% respectively, while residential units saw a 1.0% increase [1] Rental Statistics Summary - Commercial Units: The average rental price per square meter for commercial units is 476 MOP, reflecting a quarterly decline influenced by new leases with lower values [1] - Office Units: The average rental price for office units is 281 MOP, down 1.7% from the previous quarter, and down 6.0% compared to the same quarter in 2024 [1] - Industrial Units: The average rental price for industrial units is 120 MOP, with a quarterly decline of 2.3% and a year-over-year decrease of 2.4% [1] - Residential Units: The average rental price for residential units increased to 140 MOP, marking a quarterly rise of 1.0% and a year-over-year increase of 2.3% [1] Area-Specific Trends - Black Sand New Reclamation Area: Recorded an average rental price of 371 MOP for commercial units, with a 2.7% decline [1] - New Bridge Area and Holland Garden Area: Both areas also experienced a 2.7% drop in rental prices, averaging 323 MOP [1] - Residential Units in Black Sand New Reclamation Area: Average rental price increased by 3.9% to 167 MOP, while the Lower Ring Area saw a 1.2% increase to 129 MOP [1] - Rental Prices by Size: Residential units under 50 square meters averaged 171 MOP, with a quarterly increase of 2.6%, while units between 100 to 149.9 square meters saw a slight decline of 0.1% to 128 MOP [1]

十大屋苑中，10月共有3个屋苑呎租环比逆市上升及1个屋苑持平，以海怡半岛的平均呎租环比升幅最 大，升约1.3%；沙田第一城及美孚新村则分别录约0.9%及约0.6%的环比升幅。 若以今年内租金计算，十大屋苑则有8屋苑上升。当中美孚新村及丽港城呎租升幅最大，同样较去年12 月上升约6.3%。相反，映湾园呎租较去年12月下跌约7.6%，康怡花园年内呎租亦跌约1.3%。 铁路盘方面，10月份部份铁路沿线屋苑的环比呎租升幅较大，其中利东站深湾轩环比升约8.9%，大埔 墟站新达广场呎租升约7.8%；土瓜湾站半山壹号、奥运站柏景湾、佐敦站港景峰分别录约7.6%、约6% 及约4.7%环比升幅。 智通财经APP获悉，据美联"租金走势图"10月份以实用面积计算的私人住宅平均呎租报约38.71港元，环 比微跌约0.18%，连升8个月后稍作调整。 美联物业分析师岑颂谦认为，纵使租赁旺季完结，租金亦仅轻微回落，今年首10个月租金仍累升约 2.76%，较对上一次的2019年7月纪录高位38.33港元依然高出约0.99%。 随着香港住屋需求殷切，加上政府积极吸纳人才，人才与受养人持续来港，相信私人住宅平均呎租短期 会于高位窄幅上落，明年有 ...

摩根大通发布研报称，过去三个交易日，中国内地及香港地产板块分别上升7%及5%，表现跑赢同期恒 生指数3%升幅。 对于香港地产股，该行认为升势由于对楼市复苏信心增强。虽然该行对楼市仍持正面看法，但住宅类股 估值已完全反映全面复苏预期，例如新鸿基地产(00016)若计入股息调整后股价已达历史高位，而二手 楼价指数仍较高峰低26%。现阶段，该行认为地产收租股的风险回报更佳。首选为太古地产(01972)、恒 隆地产(00101)、领展房产基金(00823)及九龙仓置业(01997)。开发商方面，该行较青睐信和置业(00083) 及恒基地产(00012)。 该行认为内房股升势主要由于政策预期升温所推动，跑赢大市表现可能持续至11月底或12月的下一次政 府会议。若届时没有新的政策叙事或措施，该板块可能再度落后。不过，目前行业基本面显示新政策支 持的概率正在上升。该行首选仍然是华润置地(01109)、华润万象生活(01209)及中国金茂(00817)。在政 策带动的反弹中，该行认为龙湖集团(00960)具备最佳风险回报比。 ...