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《大行報告》花旗:「減辣」略優於預期 惟樓價下降趨勢持續
花旗發表研究報告指,最新一份施政報告提出,香港永久居民第二套住宅物業價印花稅由15%降至7.5%、買家印花稅由15%降至7.5%、額外印花稅(禁售期)由3年減至2年等。該行指,買家印花稅的下調幅度令人驚喜,其他調整則符合預期。不過,由於目前仍處於高利率,該行認為放鬆措施不能扭轉樓價下跌趨勢,繼續減持發展商,並看好不依賴房地產銷售且資本開支計劃較小的低負債地產商,例如領展(00823.HK)和九龍倉置業(01997.HK)。 該行表示,下調香港永久居民第二套住宅物業價印花稅的吸引力不足以將投資者從無風險定期存款或投資轉向房地產市場,預計整體成交量可能會在1至2周內略有回升,但最終會再次回到低水平。對於暫停合資格非香港永久居民購買首套房的專才置業「先免後徵」的措施,該行認為對需求有正面影響,但這種需求需要時間釋放。
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