Morgan Stanley: Hong Kong Property Now "Attractive," Boom to 2027

Investment bank Morgan Stanley has upgraded its view of Hong Kong's property sector to "attractive." The bank says a stronger economy and supportive government policies will keep pushing prices higher. Analysts forecast home prices will rise by about 10% in 2026. They expect further gains in 2027, calling the current rebound the start of a new growth cycle. The bank predicts improvement across all major areas. This includes residential home prices, office rents in the Central business district, and retail rents throughout the city. The upgrade signals growing confidence in Hong Kong's real estate market after a prolonged downturn. Morgan Stanley's report links the recovery to broader economic improvements and policy actions designed to stimulate demand.