These are the stellar home sellers of the first 9 months of 2014
Analysts still prefer net sellers of landbank.
It has been noted that despite the current disconnect between falling land prices and rising home prices, it is also believed these will eventually realign.
According to a research note from Barclays, as home prices fall, it believes companies that have net reduced their Hong Kong housing exposure will be less sensitive to the downward adjustment.
Through the first nine months of 2014, Cheung Kong and Hang Lung Properties have been the key net sellers of housing.
Here's more from Barclays:
While SHKP has sold a lot, it has also replenished a lot.
As we remain cautious on the outlook of home prices, we prefer the net sellers of landbank.
Cheung Kong and Hang Lung Properties remain our only two OW-rated developers.