HK - Housing 04 (Apr 16 - Jun 24)

[winston]

<Research Report>Macquarie Latest Ratings & TPs on HK Property Developers (Table)

Macquarie, in its report, listed the latest ratings and target prices on Hong Kong property developers:

Shares/ Ratings/ Target prices (HK$)
SHK PPT(00016.HK)/ Outperform/ 145.84
SINO LAND(00083.HK)/ Neutral/ 12.62
NEW WORLD DEV(00017.HK)/ Outperform/ 13.15
KERRY PPT(00683.HK)/ Neutral/ 24.43
K. WAH INT'L(00173.HK)/ Outperform/ 5.45
HENDERSON LAND(00012.HK)/ Neutral/ 46.43
WHEELOCK(00020.HK)/ Neutral/ 43.89
HANG LUNG PPT(00101.HK)/ Neutral/ 18.64
HYSAN DEV(00014.HK)/ Outperform/ 36
SWIREPROPERTIES(01972.HK)/ Outperform/ 24.6
SWIRE PACIFIC A(00019.HK)/ Neutral/ 81.2
WHARF HOLDINGS(00004.HK)/ Neutral/ 47
GREAT EAGLE H(00041.HK)/ Neutral/ 24
YUEXIU REIT(00405.HK)/ Outperform/ 4.66
CHAMPION REIT(02778.HK)/ Outperform/ 4.38
LINK REIT(00823.HK)/ Outperform/ 59.7
HUI XIAN REIT(87001.HK)/ Outperform/ RMB3.23
MIDLAND HOLDING(01200.HK)/ Neutral/ 2.54

Source: AAStocks Financial News

[winston]

Mainland firms expand property footprint in Hong Kong, set to fuel price rises

Mainland institutional investment hits $6.6 bn in 2016, according to DTZ/Cushman & Wakefield

Nearly 200,000 Hong Kong residents, half of them under the age of 35, have resorted to living in wire cages, half of a bunk bed, or partitioned apartments often smaller than car park spaces.

Luxury apartments to be built on HNA Group’s latest plot of land, purchased for $713 million at the former airport site of Kai Tak, could fetch US$3,200 per square foot, almost 40 percent higher than residential units sold recently in the area.

Hong Kong’s average price per square foot for luxury property, at $3,000 is ranked second most expensive in the world, trailing just after Monaco, according to Christie’s International Real Estate. By comparison, London is the third most expensive at $1,930 while New York is at $1,860.

Source: SCMP

http://www.scmp.com/business/china-busi ... g-set-fuel

[winston]

Home prices 'to keep rising'

by Dominique Nguy

In spite of the increase in supply of new flats this year, Cushman & Wakefield greater China vice president Alva To Yu- hung expects local home prices to rise 5-10 percent in the first half.

To said the government policies to increase supply of flats have raised the annual supply of new flats from about 7,000-8,000 to about 20,000. But he said the increase in supply is not enough to put pressure on home prices.

Meanwhile, the Housing Authority subsidized housing committee approved the pricings for flats under the Home Ownership Scheme in Mui Wo and Choi Hung yesterday.

The three projects from Mui Wo and Choi Hung will provide a total of 2,057 subsidized flats and the flats will be priced between HK$1.39 million and HK$3.85 million.

Source: The Standard

[winston]

Home prices 'to keep rising'

by Dominique Nguy

In spite of the increase in supply of new flats this year, Cushman & Wakefield greater China vice president Alva To Yu- hung expects local home prices to rise 5-10 percent in the first half.

To said the government policies to increase supply of flats have raised the annual supply of new flats from about 7,000-8,000 to about 20,000. But he said the increase in supply is not enough to put pressure on home prices.

Meanwhile, the Housing Authority subsidized housing committee approved the pricings for flats under the Home Ownership Scheme in Mui Wo and Choi Hung yesterday.

The three projects from Mui Wo and Choi Hung will provide a total of 2,057 subsidized flats and the flats will be priced between HK$1.39 million and HK$3.85 million.

Source: The Standard

[behappyalways]

鳴鏡高懸：
樓市八大見頂訊號
http://hk.apple.nextmedia.com/financees ... 6/19948687

[winston]

Why home prices just won’t fall

Several months ago, most believed housing prices would fall this year. However, an increasing number of people have changed their views recently, including Shih Wing-ching, founder of Centaline Property Agency.

Instead of forecasting a drop of 8 to 13 percent, Shi now expects Hong Kong’s housing prices to gain 20 percent in two years.

What might change the situation? Perhaps a much faster and steeper rate rise in the US, or a global financial crisis, or a dramatic housing supply increase in Hong Kong.

Source: EJ insight

http://www.ejinsight.com/20170307-why-h ... wont-fall/

[behappyalways]

林太請「專家食屎」
嘉湖樓價一年勁升30%
http://hk.apple.nextmedia.com/financees ... 1488268796

[winston]

3 Reasons Why Hong Kong Will Tighten Property Market Soon

By Shuli Ren

Currently, Hong Kong’s property owners are charged 5% of the annual rental value of a property. But private home ownership in Hong Kong is currently at 65.6%, which means the rest 34.4% are investment units.

An obvious way to cool down the property market is to raise the charges to multiple home owners.

Source: Barron's Asia

http://blogs.barrons.com/asiastocks/201 ... rket-soon/

[behappyalways]

Hong Kong Developers Dance to Their Own Tune
https://www.bloomberg.com/gadfly/articl ... r-own-tune

[winston]

It’s official: Hong Kong’s port is on the way out so let’s get building

For the first time, a senior government official has said in public that the city should no longer be competing in the container terminal business. That would open the way for our biggest-ever residential mega-project

Beijing-sponsored scheme called the “Greater Bay Area”

Essentially it comes down to the idea that the major cities of the Pearl River Delta should not compete but work together for the good of all because then we can move mountains ... and so on.

Hong Kong government official has finally conceded that a big container port in Hong Kong may not be part of this glorious success and we ought to concede the port business to rivals across the border which are now much better suited to it.

Source: SCMP

http://www.scmp.com/comment/insight-opi ... t-building