Citi says government housing policy underestimates residential demand
Citi maintains a positive view on Hong Kong's property market in 2027, forecasting residential prices to rise 6%, with rents also up 6% and hitting record highs. The bank said that as the retail market improves, it expects property rental stocks to outperform developers in the fourth quarter of 2026, and recommends Swire Properties, Wharf REIC, Link REIC and Sun Hung Kai Properties.