CTHLAND@EC2611A

Henderson Mok Lee Yue Phase 2 Sales Exceed Subscription 22 Times

'Yi Mu' Phase 2 Exceeded Subscription by Nearly 19 Times

Henderson's The Knightsbridge Sells Five Luxury Units in Two Days

Henderson Mok Yue Phase 2 Oversubscribed 9 Times

Morgan Stanley Upgrades Hong Kong Property Market Forecast and Henderson Land Target Price

Morgan Stanley Upgrades Hong Kong Property Stocks Ratings

Henderson Land Launches Sales for Phase 3 of Large Redevelopment Project

Henderson's Park Peninsula Project The Knightsbridge Sells Three Mansions for Nearly HKD 140 Million

Sun Hung Kai's Evo Bay Phase II Launches Brochure Today

Henderson's Kowloon Bay Development Phase 1 Sold Out

Henderson Land's Tou Waa Wan Yee Muk Phase 2 Plans to Launch Soon

HSBC Research Notes Solid Property Sales Performance and Expected Profit Margin Improvement for Henderson Land

Henderson Land and Sino Properties and Emperor Group Launch Sales Arrangement for Kowloon Bay Development Project

Henderson Shaw and Empire Group Launch First Price List for Redhead Shore

Henderson Land's SIAO Phase 1 and 3 Upload Brochures and Plan to Launch Prices Next Week

Two Large New Properties of Henderson Land Group Record Bright Sales Again

Hopewell Holdings Raises New Home Prices in Chester Project

Sun Hung Kai's South Park Residence Fully Sold Out

The First Round of Sales of Hengda's Red 磡 First Convergence Achieves Success and New Price List is Released

ASIA PIONEER

EASYHOLD GROUP

RONGZUN INT’L H

SFSY NEW MAT

CENTRALCHINA MT

HAITIAN ANTENNA

TOMO HOLDINGS

HENGDELI

WT GROUP

160 HEALTH

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One Victoria Cove Phase 3 in Hung Hom, co-developed by HENDERSON LAND, HYSAN DEV, and Empire Group, will launch 130 units for sale starting this Sunday. The discounted prices start from HKD6.9851 million, with a price per sq ft beginning at HKD20,383. Registration for the first sales round closes at 6 pm this Friday.

AASTOCKS News

HENDERSON LAND

China Southern CSI All Share Real Estate ETF

ChinaAMC CSI All Share Real Estate ETF

Hwabao WP CSI 800 Real Estate ETF

HYSAN DEV

One Victoria Cove Phase 3 in Hung Hom to Launch 130 Units on Sun; Discounted Price from HKD20,383 per sq ft

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Henderson Land's Highwood Phase 2 in To Kwa Wan has received around 2,350 subscriptions, making it 15 times oversubscribed. The first price list offers 150 units for sale, with additional units expected to be launched based on market response, leading to potential price adjustments. The stock is currently trading at +4.420% with significant short selling activity.

HENDERSON INV

Highwood Phase 2 in To Kwa Wan Receives ~2,350 Subscriptions, 15x Oversubscribed

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HSBC Research reports that Hong Kong's primary residential sales are resilient, with April transactions reaching 2,500 units, 25% above the monthly average. The firm anticipates a seven-year high in transaction volume and expects upward revisions in earnings forecasts for developers due to margin expansion. HSBC favors SHK PPT, Henderson Land, and Sino Land, all rated Buy, with target prices of HKD150.6, HKD35.8, and HKD14.4 respectively. Improved demand is expected to enhance pricing power for new projects in the coming months.

SINO LAND

SHK PPT

HSBC HOLDINGS

HSBC

HSBC Holdings Plc

HSBC 5xShortSG241213

SHK PPT-R

HSBC Research: HK Developers' Pricing Power Rebounds, Favors SHK PPT , HENDERSON LANDand SINO LAND

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One Victoria Cove Phase 3 in Hung Hom has launched 30 additional units with discounted prices starting from HKD7.3364 million. Co-developed by Henderson Land, Hysan Development, and Empire Group, the new price list includes units ranging from HKD7.3364 million to HKD15.8594 million, with prices per square foot between HKD20,383 and HKD22,949. The available layouts consist of 16 two-bedroom and 14 three-bedroom units.

HANG LUNG PPT

One Victoria Cove Phase 3 in Hung Hom Launches 30 More Units, Discounted Price From HKD7.3364M

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Hong Kong property shares surged, leading market gains alongside technology stocks, following Morgan Stanley's upgraded forecast for home prices. A builders' gauge rose by 2.7%, with Henderson Land Development climbing 6% after being upgraded to overweight. Morgan Stanley increased its home price growth estimate for this year to 12% and expects a further 5% in 2027, citing strong demand and declining inventory. The bank also expressed optimism for the office and retail sectors, noting a better-than-expected recovery in fundamentals.

Businesstimes News

HK FERRY (HOLD)

Morgan Stanley

Hang Seng Index

ARTGO HOLDINGS

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MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

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Hong Kong property shares rally as Morgan Stanley feeds optimism

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Hong Kong homebuyers are actively purchasing new flats, with all 120 units at One Victoria Cove I sold out quickly. Developers are increasing construction due to strong demand, with recent sales reducing unsold inventory to below 20,000 units. New World Development reported over HK$4.8 billion in sales from Pavilia Farm III. The number of private housing units under construction has risen, and the potential supply of new flats is expected to fall below 100,000 units in the next few years. The market recovery has eased pressure on prices, positively impacting overall price increases.

SCMP

NEW WORLD DEV

CI FIN TECH GP

MTR CORPORATION

KERRY PPT

K. WAH INT'L

CHI MER LAND

Jones Lang Lasalle

CHINA MERCHANTS

Hong Kong homebuyers flock to new launches as flats sell out swiftly

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Hong Kong developers launched nearly 300 new flats amid strong demand, with significant sales reported at One Victoria Cove and Pavilia Farm III. The completion of new private residential units is projected to decline by 8% this year, leading to a forecasted 15% increase in property prices. The residential market has rebounded, with sales hitting a four-year high in 2025. The declining supply allows developers to reduce discounts, potentially boosting resale prices. The oversubscription for new units indicates robust buyer interest, with applications exceeding 33 times for One Victoria Cove and 108 times for Pavilia Farm III.

Hong Kong developers clear stock amid strong demand and shrinking supply

Henderson Land Development has won a bid to operate the Central Harbourfront Event Space in Hong Kong, expanding its presence in the area. The joint venture with YW Company will manage the 3.7-hectare space for five years, starting July 1. Experts believe this could enhance accessibility and attract more visitors. Lawmaker Andrew Lam emphasized the need for strong attractions and effective management to ensure public enjoyment. The venture plans to keep the space open on non-event days and will pay HK$1.51 million in monthly rent to the government.

Henderson’s winning bid to run harbour event space could boost Central’s access

HENDERSON LAND's joint venture, Central Grand Limited, has secured a five-year short-term lease for the Central Harbourfront Event Space, covering approximately 3.7 hectares. The lease, starting July 1, requires a monthly rent of HKD 1.518 million, as per the tender proposal. CGL will manage the venue under enhanced management terms set by the Development Bureau.

HENDERSON LAND's JV Wins 5-Yr Short-Term Lease for Central Harbourfront Event Space at Monthly Rent HKD1.518M

CTHLAND@EC2611A(28965.HK)