Header cover image

Hong Kong (HSI) Real Estate Sector Analysis

UpdatedApr 18, 2025
DataAggregated Company Financials
Companies244
  • 7D3.3%
  • 3M4.4%
  • 1Y7.7%
  • YTD2.7%

Over the last 7 days, the Real Estate industry has risen 3.3%, driven by gains from China Resources Land of 6.8%. In the last 12 months, the industry was up 7.7%. As for the next few years, earnings are expected to grow by 22% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 18 Apr 2025HK$2.0tHK$2.9t-HK$175,984,885,889.1010.8x-11.5x0.7x
Sun, 16 Mar 2025HK$2.1tHK$3.4t-HK$277,580,609,794.448.5x-7.7x0.6x
Tue, 11 Feb 2025HK$2.0tHK$3.4t-HK$250,065,342,585.947.9x-7.8x0.6x
Thu, 09 Jan 2025HK$1.9tHK$3.1t-HK$96,995,325,188.467.3x-19.7x0.6x
Sat, 07 Dec 2024HK$2.1tHK$3.1t-HK$101,266,220,934.247.6x-20.4x0.7x
Mon, 04 Nov 2024HK$2.2tHK$3.2t-HK$97,730,806,264.548.5x-22.5x0.7x
Wed, 02 Oct 2024HK$2.3tHK$3.2t-HK$97,537,057,939.238.3x-23.6x0.7x
Fri, 30 Aug 2024HK$1.9tHK$3.4t-HK$85,103,034,713.917.1x-22.2x0.6x
Sun, 28 Jul 2024HK$2.0tHK$3.5t-HK$19,806,540,397.977.3x-99.3x0.6x
Tue, 25 Jun 2024HK$2.1tHK$4.0t-HK$70,678,443,655.707.3x-29x0.5x
Thu, 23 May 2024HK$2.4tHK$4.0t-HK$69,772,436,252.838.1x-34.6x0.6x
Sat, 20 Apr 2024HK$2.0tHK$4.1t-HK$79,621,278,944.706.8x-24.6x0.5x
Mon, 18 Mar 2024HK$2.1tHK$3.9t-HK$138,268,865,239.756.5x-15.5x0.5x
Wed, 14 Feb 2024HK$2.1tHK$3.9t-HK$173,745,139,790.016.2x-11.8x0.5x
Fri, 12 Jan 2024HK$2.3tHK$4.0t-HK$183,188,366,916.007x-12.4x0.6x
Sun, 10 Dec 2023HK$2.3tHK$4.0t-HK$182,508,321,588.007x-12.5x0.6x
Tue, 07 Nov 2023HK$2.4tHK$4.0t-HK$159,262,625,021.007.3x-15.4x0.6x
Thu, 05 Oct 2023HK$2.5tHK$4.0t-HK$157,154,688,148.007.1x-16.2x0.6x
Sat, 02 Sep 2023HK$2.7tHK$4.1t-HK$141,592,571,524.007.5x-18.9x0.7x
Mon, 31 Jul 2023HK$3.1tHK$4.8tHK$18.4b7.8x167x0.6x
Wed, 28 Jun 2023HK$3.0tHK$4.8tHK$17.1b7.3x172.9x0.6x
Fri, 26 May 2023HK$3.0tHK$4.9tHK$14.3b7.2x207.4x0.6x
Sun, 23 Apr 2023HK$3.3tHK$5.0tHK$33.1b7.6x99.6x0.7x
Tue, 21 Mar 2023HK$3.1tHK$5.5tHK$313.8b6x9.9x0.6x
Thu, 16 Feb 2023HK$3.5tHK$5.6tHK$387.6b6.6x9x0.6x
Sat, 14 Jan 2023HK$3.6tHK$5.6tHK$389.0b6.7x9.3x0.6x
Mon, 12 Dec 2022HK$3.6tHK$5.5tHK$383.6b7.2x9.3x0.7x
Wed, 09 Nov 2022HK$2.8tHK$5.4tHK$368.8b5.8x7.5x0.5x
Fri, 07 Oct 2022HK$3.2tHK$5.5tHK$371.8b6.2x8.6x0.6x
Sun, 04 Sep 2022HK$3.3tHK$5.6tHK$388.3b6.3x8.5x0.6x
Tue, 02 Aug 2022HK$3.4tHK$5.8tHK$506.6b6.2x6.8x0.6x
Thu, 30 Jun 2022HK$3.9tHK$5.9tHK$513.9b6.8x7.5x0.7x
Sat, 28 May 2022HK$3.8tHK$5.8tHK$519.2b6.7x7.3x0.7x
Mon, 25 Apr 2022HK$4.0tHK$6.0tHK$532.8b6.9x7.5x0.7x
Price to Earnings Ratio

7.5x


Total Market Cap: HK$4.0tTotal Earnings: HK$532.8bTotal Revenue: HK$6.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Real Estate Sector Price to Earnings3Y Average 3.8x202320242025
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 0.60x.
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 21% per year, which is driving profits down.

Industry Trends

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

HK Market3.42%
Real Estate3.26%
Retail REITs3.70%
Real Estate3.26%
Office REITs3.19%
Hotel and Resort REITs2.70%
REITS1.39%
Industrial REITs0.77%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Hotel and Resort REITs industry, expecting annual earnings growth of 141% over the next 5 years.
    • In contrast, the Real Estate industry is expected to see its earnings grow by 20% 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
    1109 China Resources LandHK$27.356.8%
    +HK$12.5b
    14.9%PE7.2x
    688 China Overseas Land & InvestmentHK$14.386.4%
    +HK$9.4b
    25.0%PE9.5x
    16 Sun Hung Kai PropertiesHK$70.904.3%
    +HK$8.5b
    1.3%PE11.8x
    12 Henderson Land DevelopmentHK$20.903.5%
    +HK$3.4b
    -6.3%PE16.1x
    823 Link Real Estate Investment TrustHK$34.953.7%
    +HK$3.2b
    12.9%PB0.5x
    Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

    Latest News

    169

    HK$0.47

    Wanda Hotel Development

    7D

    -6.1%

    1Y

    138.5%

    565

    HK$1.07

    Art Group Holdings

    7D

    -4.5%

    1Y

    357.3%

    1209

    HK$36.20

    China Resources Mixc Lifestyle Services

    7D

    -1.0%

    1Y

    41.4%

    960

    HK$10.64

    Longfor Group Holdings

    7D

    4.5%

    1Y

    15.7%

    823

    HK$34.95

    Link Real Estate Investment Trust

    7D

    3.7%

    1Y

    12.9%

    1109

    HK$27.35

    China Resources Land

    7D

    6.8%

    1Y

    14.9%

    1113

    HK$30.40

    CK Asset Holdings

    7D

    2.9%

    1Y

    -2.4%

    93

    HK$0.54

    Zero Fintech Group

    7D

    -6.9%

    1Y

    -10.0%

    6098

    HK$6.91

    Country Garden Services Holdings

    7D

    -0.7%

    1Y

    60.7%

    410

    HK$0.52

    SOHO China

    7D

    -3.7%

    1Y

    -20.0%

    1622

    HK$0.10

    Redco Properties Group

    7D

    -21.9%

    1Y

    n/a

    34

    HK$2.98

    Kowloon Development

    7D

    -3.9%

    1Y

    -32.5%