<p>香港的居住型住宅价格在 4 月份连续第 11 个月上涨，达到了 30 个月来的最高点，尽管与 3 月份相比，增长速度有所放缓，而该市的租金也创下了新高。分析师表示，随着买家信心的增强，主要和次级市场的房价在今年和明年将继续改善。根据评级及评估署的数据，该市的私人居住型住宅价格指数在 4 月份上升至 316.6，环比上涨 0.89%。这一增长低于 3 月份的 1.4%。居住型住宅价格同比上涨了 10.51%。租金上涨了 0.59%，达到 203.4 的指数，同比上涨 4.9%。CBRE 的执行董事 Eddie Kwok 表示：“主要市场的强劲势头正在推动整个行业的更广泛复苏。” Kwok 还表示：“次级住宅价格也在上涨，随着买家信心在住宅市场的扩散。” 在中型公寓中，价格增长势头更强。753.5 平方英尺（70 平方米）至 1,075.3 平方英尺的单位价格上涨了 10.36%。而 1,076 平方英尺（100 平方米）及以上的大型住宅价格上涨幅度较小，仅上涨约 0.25%。一手住宅市场的吸纳率表现强劲。持续的需求使得定价权重新回到开发商手中，Kwok 指出，最近新项目推出的价格上涨就是一个例证。在最新的例子中，新鸿基地产在新界荃湾的 Lime Spark 项目中售罄了所有 87 个单位，其中一位买家花费超过 4000 万港元（约合 510 万美元）购买了六个两居室单位，依据美联物业和中原地产的消息。持续的资本流入继续支持市场。Kwok 表示，这种充足的流动性正在推动整体经济活动，并帮助推动房地产行业当前的乐观情绪，回应政府的房价指数上涨。“在稳定的需求、改善的情绪和充足的流动性支持下，我们预计全年整体住宅物业价格将上涨约 8% 至 10%，并保持稳定和积极的增长趋势，” Kwok 说。香港住宅市场的复苏促使摩根士丹利将其今年的房价增长预测从 10% 上调至 12%。这家美国投资银行还预测明年香港房价将再上涨 5%。穆迪表示，自 2025 年中以来，房价已反弹，受到较低的抵押贷款利率和来自中国大陆买家的需求支持。根据摩根士丹利的数据，截至 4 月底，房价较 2024 年底上涨了约 13%，但仍比 2021 年 8 月的峰值低 19%。尽管市场情绪对香港房地产市场总体乐观，但一位分析师表示，他们预计由于加息，增长将在今年晚些时候放缓。“总体而言，住房市场前景依然积极，” 全球房地产和投资管理公司 JLL 的高级董事 Norry Lee 表示。“然而，随着利率可能上升，利率的快速上涨可能会在下半年减缓价格增长，增幅可能低于上半年。同时，在人才引进计划的支持下，住宅租金预计将继续上涨并达到新高，” Lee 说。</p>

恒生指数

安硕恒生指数

<p>香港的居住用房价格在 4 月份连续第 11 个月上涨，达到 30 个月来的最高点，尽管与 3 月份相比，增长速度有所放缓，而该市的租金也创下了新高</p>

<p>Hong Kong’s lived-in home prices rose for the 11th consecutive month to a 30-month high in April, even as the rate of growth slowed compared with March, while rents in the city rose to another record high. Analysts said home prices in both primary and secondary markets would continue to improve this year and next, amid growing buyer confidence. According to the Rating and Valuation Department’s data, the private lived-in home price index in the city rose to 316.6 in April, representing a 0.89 per cent rise month on month. The growth was smaller than the 1.4 per cent jump in March. Lived-in home prices have increased 10.51 per cent year on year. Rents rose 0.59 per cent to an index of 203.4. They grew 4.9 per cent year on year. “Strong momentum in the primary market is driving a wider recovery across the sector,” said Eddie Kwok, executive director of CBRE, a valuation and advisory firm located in Hong Kong. “Secondary home prices are also increasing as growing buyer confidence spreads across the residential market,” Kwok said. In mid-sized flats, the price growth momentum was stronger. Prices for units sized between 753.5 sq ft (70 square metres) and 1,075.3 sq ft rose 10.36 per cent. Larger homes, sized 1,076 sq ft (100 square metres) and above climbed more gently, up only around 0.25 per cent. The first-hand residential market is exhibiting robust absorption rates. Sustained demand has shifted pricing power back to developers, as seen in recent price increases in new project launches, according to Kwok. In the latest example, Sun Hung Kai Properties sold out all 87 units on offer at the Lime Spark project in Tsuen Wan in the New Territories on Saturday, with one buyer spending more than HK$40 million (US$5.1 million) to purchase six two‑bedroom units, according to both Midland Realty and Centaline Property. A steady inflow of capital continues to support the market. This ample liquidity was boosting overall economic activity and helping to fuel the current wave of optimism in the real estate sector, Kwok said in response to the government’s home price index rise. “Supported by a combination of stable demand, improving sentiment and ample liquidity, we expect overall residential property prices to record an increase of around 8 to 10 per cent for the full year, with a steady and positive growth trend,” Kwok said. The recovery in Hong Kong’s residential market triggered Morgan Stanley to upgrade its home price increase forecast this year from 10 to 12 per cent. The US investment bank also predicted another 5 per cent jump in Hong Kong home prices next year. Moody’s said home prices had rebounded since mid 2025, supported by lower mortgage rates and demand from mainland Chinese buyers. At the end of April, home prices had increased around 13 per cent from the end of 2024, though they are still 19 per cent below their peak in August 2021, according to Morgan Stanley. Though sentiment is largely optimistic about the Hong Kong real estate market, one analyst said they would expect growth to slow later this year due to interest rate hikes. “Overall, the housing market outlook remains positive,” said Norry Lee, a senior director at JLL, a global real estate and investment management firm. “However, as interest rates may rise, a faster increase in rates may slow price growth in the second half of the year, with gains likely lower than in the first half. At the same time, supported by talent admission schemes, residential rents are expected to continue rising and reach record highs,” Lee said.</p>
<div class="lb-trans"><p>香港的居住型住宅价格在 4 月份连续第 11 个月上涨，达到了 30 个月来的最高点，尽管与 3 月份相比，增长速度有所放缓，而该市的租金也创下了新高。分析师表示，随着买家信心的增强，主要和次级市场的房价在今年和明年将继续改善。根据评级及评估署的数据，该市的私人居住型住宅价格指数在 4 月份上升至 316.6，环比上涨 0.89%。这一增长低于 3 月份的 1.4%。居住型住宅价格同比上涨了 10.51%。租金上涨了 0.59%，达到 203.4 的指数，同比上涨 4.9%。CBRE 的执行董事 Eddie Kwok 表示：“主要市场的强劲势头正在推动整个行业的更广泛复苏。” Kwok 还表示：“次级住宅价格也在上涨，随着买家信心在住宅市场的扩散。” 在中型公寓中，价格增长势头更强。753.5 平方英尺（70 平方米）至 1,075.3 平方英尺的单位价格上涨了 10.36%。而 1,076 平方英尺（100 平方米）及以上的大型住宅价格上涨幅度较小，仅上涨约 0.25%。一手住宅市场的吸纳率表现强劲。持续的需求使得定价权重新回到开发商手中，Kwok 指出，最近新项目推出的价格上涨就是一个例证。在最新的例子中，新鸿基地产在新界荃湾的 Lime Spark 项目中售罄了所有 87 个单位，其中一位买家花费超过 4000 万港元（约合 510 万美元）购买了六个两居室单位，依据美联物业和中原地产的消息。持续的资本流入继续支持市场。Kwok 表示，这种充足的流动性正在推动整体经济活动，并帮助推动房地产行业当前的乐观情绪，回应政府的房价指数上涨。“在稳定的需求、改善的情绪和充足的流动性支持下，我们预计全年整体住宅物业价格将上涨约 8% 至 10%，并保持稳定和积极的增长趋势，” Kwok 说。香港住宅市场的复苏促使摩根士丹利将其今年的房价增长预测从 10% 上调至 12%。这家美国投资银行还预测明年香港房价将再上涨 5%。穆迪表示，自 2025 年中以来，房价已反弹，受到较低的抵押贷款利率和来自中国大陆买家的需求支持。根据摩根士丹利的数据，截至 4 月底，房价较 2024 年底上涨了约 13%，但仍比 2021 年 8 月的峰值低 19%。尽管市场情绪对香港房地产市场总体乐观，但一位分析师表示，他们预计由于加息，增长将在今年晚些时候放缓。“总体而言，住房市场前景依然积极，” 全球房地产和投资管理公司 JLL 的高级董事 Norry Lee 表示。“然而，随着利率可能上升，利率的快速上涨可能会在下半年减缓价格增长，增幅可能低于上半年。同时，在人才引进计划的支持下，住宅租金预计将继续上涨并达到新高，” Lee 说。</p>
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Hong Kong home prices reach 30-month high, while rents set another record

南华早报

世邦魏理仕

新鸿基地产

美联集团

摩根士丹利

穆迪

仲量联行

新鸿基地产-R

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

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

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

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

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

香港房价达到 30 个月来的新高，而租金再次创下纪录