<p>香港的居住型住宅價格在 4 月份連續第 11 個月上漲，達到了 30 個月來的最高點，儘管與 3 月份相比，增長速度有所放緩，而該市的租金也創下了新高。分析師表示，隨着買家信心的增強，主要和次級市場的房價在今年和明年將繼續改善。根據評級及評估署的數據，該市的私人居住型住宅價格指數在 4 月份上升至 316.6，環比上漲 0.89%。這一增長低於 3 月份的 1.4%。居住型住宅價格同比上漲了 10.51%。租金上漲了 0.59%，達到 203.4 的指數，同比上漲 4.9%。CBRE 的執行董事 Eddie Kwok 表示：“主要市場的強勁勢頭正在推動整個行業的更廣泛復甦。” Kwok 還表示：“次級住宅價格也在上漲，隨着買家信心在住宅市場的擴散。” 在中型公寓中，價格增長勢頭更強。753.5 平方英尺（70 平方米）至 1,075.3 平方英尺的單位價格上漲了 10.36%。而 1,076 平方英尺（100 平方米）及以上的大型住宅價格上漲幅度較小，僅上漲約 0.25%。一手住宅市場的吸納率表現強勁。持續的需求使得定價權重新回到開發商手中，Kwok 指出，最近新項目推出的價格上漲就是一個例證。在最新的例子中，新鴻基地產在新界荃灣的 Lime Spark 項目中售罄了所有 87 個單位，其中一位買家花費超過 4000 萬港元（約合 510 萬美元）購買了六個兩居室單位，依據美聯物業和中原地產的消息。持續的資本流入繼續支持市場。Kwok 表示，這種充足的流動性正在推動整體經濟活動，並幫助推動房地產行業當前的樂觀情緒，回應政府的房價指數上漲。“在穩定的需求、改善的情緒和充足的流動性支持下，我們預計全年整體住宅物業價格將上漲約 8% 至 10%，並保持穩定和積極的增長趨勢，” Kwok 説。香港住宅市場的復甦促使摩根士丹利將其今年的房價增長預測從 10% 上調至 12%。這家美國投資銀行還預測明年香港房價將再上漲 5%。穆迪表示，自 2025 年中以來，房價已反彈，受到較低的抵押貸款利率和來自中國大陸買家的需求支持。根據摩根士丹利的數據，截至 4 月底，房價較 2024 年底上漲了約 13%，但仍比 2021 年 8 月的峯值低 19%。儘管市場情緒對香港房地產市場總體樂觀，但一位分析師表示，他們預計由於加息，增長將在今年晚些時候放緩。“總體而言，住房市場前景依然積極，” 全球房地產和投資管理公司 JLL 的高級董事 Norry Lee 表示。“然而，隨着利率可能上升，利率的快速上漲可能會在下半年減緩價格增長，增幅可能低於上半年。同時，在人才引進計劃的支持下，住宅租金預計將繼續上漲並達到新高，” Lee 説。</p>

恆生指數

安碩恆生指數

<p>香港的居住用房價格在 4 月份連續第 11 個月上漲，達到 30 個月來的最高點，儘管與 3 月份相比，增長速度有所放緩，而該市的租金也創下了新高</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>香港的居住型住宅價格在 4 月份連續第 11 個月上漲，達到了 30 個月來的最高點，儘管與 3 月份相比，增長速度有所放緩，而該市的租金也創下了新高。分析師表示，隨着買家信心的增強，主要和次級市場的房價在今年和明年將繼續改善。根據評級及評估署的數據，該市的私人居住型住宅價格指數在 4 月份上升至 316.6，環比上漲 0.89%。這一增長低於 3 月份的 1.4%。居住型住宅價格同比上漲了 10.51%。租金上漲了 0.59%，達到 203.4 的指數，同比上漲 4.9%。CBRE 的執行董事 Eddie Kwok 表示：“主要市場的強勁勢頭正在推動整個行業的更廣泛復甦。” Kwok 還表示：“次級住宅價格也在上漲，隨着買家信心在住宅市場的擴散。” 在中型公寓中，價格增長勢頭更強。753.5 平方英尺（70 平方米）至 1,075.3 平方英尺的單位價格上漲了 10.36%。而 1,076 平方英尺（100 平方米）及以上的大型住宅價格上漲幅度較小，僅上漲約 0.25%。一手住宅市場的吸納率表現強勁。持續的需求使得定價權重新回到開發商手中，Kwok 指出，最近新項目推出的價格上漲就是一個例證。在最新的例子中，新鴻基地產在新界荃灣的 Lime Spark 項目中售罄了所有 87 個單位，其中一位買家花費超過 4000 萬港元（約合 510 萬美元）購買了六個兩居室單位，依據美聯物業和中原地產的消息。持續的資本流入繼續支持市場。Kwok 表示，這種充足的流動性正在推動整體經濟活動，並幫助推動房地產行業當前的樂觀情緒，回應政府的房價指數上漲。“在穩定的需求、改善的情緒和充足的流動性支持下，我們預計全年整體住宅物業價格將上漲約 8% 至 10%，並保持穩定和積極的增長趨勢，” Kwok 説。香港住宅市場的復甦促使摩根士丹利將其今年的房價增長預測從 10% 上調至 12%。這家美國投資銀行還預測明年香港房價將再上漲 5%。穆迪表示，自 2025 年中以來，房價已反彈，受到較低的抵押貸款利率和來自中國大陸買家的需求支持。根據摩根士丹利的數據，截至 4 月底，房價較 2024 年底上漲了約 13%，但仍比 2021 年 8 月的峯值低 19%。儘管市場情緒對香港房地產市場總體樂觀，但一位分析師表示，他們預計由於加息，增長將在今年晚些時候放緩。“總體而言，住房市場前景依然積極，” 全球房地產和投資管理公司 JLL 的高級董事 Norry Lee 表示。“然而，隨着利率可能上升，利率的快速上漲可能會在下半年減緩價格增長，增幅可能低於上半年。同時，在人才引進計劃的支持下，住宅租金預計將繼續上漲並達到新高，” Lee 説。</p>
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Hong Kong home prices reach 30-month high, while rents set another record

南華早報

世邦魏理仕

新鴻基地產

美聯集團

摩根士丹利

穆迪

仲量聯行

新鴻基地產-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

香港房價達到 30 個月來的新高，而租金再次創下紀錄