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大行評級|摩根大通:減息對香港住宅市場短期影響可能有限 偏好信和置業和太古地產
摩根大通發表報吿指,繼美國減息後,香港銀行於11月8日(上週五)將港元最優惠利率再次下調25個基點。今次減息早於市場預期,但非完全出乎意料,因為9月份減息25個基點亦超出市場預期。報吿指,香港地產股的股價對於減息的反應温和。雖然在方向上是正面,但該行認為短期內對住宅市場的影響可能微乎其微,因為3.625%的實際按息仍高於3.4%的平均毛租金收益率;發展商可能會在高庫存的情況下繼續提供進取的折扣。不過,報吿指,由於有更多新盤推出,預期銷售量將維持穩固。至於二手樓價格,預期短期內會穩定下來,但相信在六個月的時間內,二手樓價格可能仍會受到温和的壓力,因為更多的買樓人士被吸引到一手樓市場。短期而言,摩通看好偏好信和置業和太古地產。
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