Goldman Sachs released a research report stating that this year, the trend of residential prices and office rents in Hong Kong has been stronger than expected. Therefore, they have once again raised their forecast, now predicting that Hong Kong residential prices will rise by 15% this year. Forecasts for 2027 and 2028 remain unchanged at 7% and 4% respectively.
The bank still prefers real estate developers’ stocks, believing that they will benefit from the multi-year upward cycle of the Hong Kong residential market. The bank continues to favor developers with more salable resources to capitalize on the upward cycle, such as Henderson Land Development and New World Development, as well as Sun Hung Kai Properties, which has a strong balance sheet and intends to supplement land reserves at low prices.
In terms of rental income stocks, they recommend companies like The Wharf Real Estate Investment and Swire Properties, which are more benefiting from core Central office buildings and high-end retail.
原文链接: https://www.gmt8press.com/flash/detail/1373579