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Hong Kong (HSI) Real Estate Sector Analysis

UpdatedNov 06, 2025
DataAggregated Company Financials
Companies239
  • 7D-1.6%
  • 3M-2.1%
  • 1Y3.6%
  • YTD18.9%

Over the last 7 days, the Real Estate industry has dropped 1.4%, driven by pullbacks in China Resources Land and China Overseas Land & Investment of 4.5% and 5.8%, respectively. Over the past 12 months, the industry was up 3.0%. As for the next few years, earnings are expected to grow by 25% per annum.

Sector Valuation and Performance

Has the Hong Kong Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 06 Nov 2025HK$2.3tHK$2.6t-HK$148,496,402,306.2013.1x-15.4x0.9x
Sat, 04 Oct 2025HK$2.3tHK$2.6t-HK$145,995,008,114.2014x-15.9x0.9x
Mon, 01 Sep 2025HK$2.3tHK$2.7t-HK$148,559,458,048.7813.1x-15.4x0.9x
Wed, 30 Jul 2025HK$2.3tHK$3.0t-HK$179,664,484,288.3911.8x-13.1x0.8x
Fri, 27 Jun 2025HK$2.3tHK$3.0t-HK$186,699,744,898.6511x-12.1x0.7x
Sun, 25 May 2025HK$2.1tHK$3.0t-HK$180,021,604,334.8110.3x-11.5x0.7x
Tue, 22 Apr 2025HK$2.0tHK$2.9t-HK$176,123,788,500.2510.8x-11.5x0.7x
Thu, 20 Mar 2025HK$2.2tHK$3.4t-HK$278,331,030,874.158.6x-7.8x0.6x
Sat, 15 Feb 2025HK$2.0tHK$3.4t-HK$251,029,426,431.647.8x-8x0.6x
Mon, 13 Jan 2025HK$1.9tHK$3.1t-HK$91,321,722,648.287.3x-20.7x0.6x
Wed, 11 Dec 2024HK$2.1tHK$3.1t-HK$101,337,538,914.777.8x-20.6x0.7x
Fri, 08 Nov 2024HK$2.3tHK$3.1t-HK$97,876,731,475.108.6x-23.3x0.7x
Sun, 06 Oct 2024HK$2.5tHK$3.2t-HK$97,006,779,850.009.2x-25.5x0.8x
Tue, 03 Sep 2024HK$1.9tHK$3.3t-HK$77,159,911,035.437.8x-24.1x0.6x
Thu, 01 Aug 2024HK$1.9tHK$3.5t-HK$22,331,970,872.797.2x-87.2x0.6x
Sat, 29 Jun 2024HK$2.0tHK$3.4t-HK$7,259,147,447.146.8x-276.3x0.6x
Mon, 27 May 2024HK$2.3tHK$4.0t-HK$70,017,862,528.607.6x-33x0.6x
Wed, 24 Apr 2024HK$2.0tHK$4.0t-HK$79,537,234,925.876.8x-25.1x0.5x
Fri, 22 Mar 2024HK$2.1tHK$3.9t-HK$138,742,742,299.636.4x-15.3x0.5x
Sun, 18 Feb 2024HK$2.1tHK$3.9t-HK$173,818,210,463.836.2x-12.2x0.5x
Tue, 16 Jan 2024HK$2.3tHK$4.0t-HK$182,828,842,669.007.1x-12.3x0.6x
Thu, 14 Dec 2023HK$2.3tHK$4.0t-HK$182,200,303,815.006.9x-12.5x0.6x
Sat, 11 Nov 2023HK$2.3tHK$4.0t-HK$175,552,331,421.007.2x-13.3x0.6x
Mon, 09 Oct 2023HK$2.5tHK$4.0t-HK$157,217,421,007.007.2x-15.9x0.6x
Wed, 06 Sep 2023HK$2.7tHK$4.1t-HK$138,566,964,879.007.7x-19.6x0.7x
Fri, 04 Aug 2023HK$3.0tHK$4.7t-HK$24,193,233,987.007.8x-121.9x0.6x
Sun, 02 Jul 2023HK$3.0tHK$4.8tHK$19.2b7.5x153.8x0.6x
Tue, 30 May 2023HK$2.9tHK$4.9tHK$14.8b7x196.6x0.6x
Thu, 27 Apr 2023HK$3.3tHK$5.0tHK$33.5b7.6x97.4x0.6x
Sat, 25 Mar 2023HK$3.2tHK$5.5tHK$303.5b6.2x10.4x0.6x
Mon, 20 Feb 2023HK$3.5tHK$5.6tHK$384.2b6.6x9x0.6x
Wed, 18 Jan 2023HK$3.6tHK$5.6tHK$388.1b6.8x9.3x0.6x
Fri, 16 Dec 2022HK$3.5tHK$5.5tHK$383.1b7.1x9x0.6x
Sun, 13 Nov 2022HK$3.0tHK$5.5tHK$377.7b6x7.9x0.5x
Price to Earnings Ratio

7.9x


Total Market Cap: HK$3.0tTotal Earnings: HK$377.7bTotal Revenue: HK$5.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Real Estate Sector Price to Earnings3Y Average -0.002x202320242025
Current Industry PE
  • Investors are optimistic on the Hong Kong Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 22% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the Hong Kong Real Estate sector?

HK Market-0.89%
Real Estate-1.57%
Industrial REITs1.08%
Retail REITs-0.51%
Office REITs-0.52%
REITS-0.87%
Hotel and Resort REITs-1.27%
Real Estate-1.65%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Hotel and Resort REITs industry, expecting annual earnings growth of 155% over the next 5 years.
    • In contrast, the Real Estate industry is expected to see its earnings grow by 22% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    16 Sun Hung Kai PropertiesHK$96.851.1%
    +HK$3.0b
    14.8%PE14.6x
    1113 CK Asset HoldingsHK$39.521.7%
    +HK$2.3b
    21.8%PE12.2x
    83 Sino LandHK$10.011.1%
    +HK$1.0b
    27.2%PE22.8x
    472 New Silkroad CulturaltainmentHK$0.40116.2%
    +HK$689.6m
    227.9%PS3.1x
    4 Wharf (Holdings)HK$20.781.0%
    +HK$611.2m
    -10.2%PS5.9x

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