Development of Dawan District Long-term positive housing price
Huang Jianye, chairman of Midland Group (01200), pointed out that individuals are optimistic about the development of Dawan District and will benefit Hong Kong property prices in the long run. The Group will grasp the development opportunities in Dawan District.
The Sino-US trade war has caused problems for the mainland economy and the situation is difficult to grasp. Therefore, Huang Jianye believes that the mainland will concentrate on developing some projects with leading powers, including Guangdong, Hong Kong and Macau.
Liu Jiahui, chief analyst of Midland Realty, added that Hong Kong’s industry has been dominated by finance and real estate for the past 20 years. The development of Guangdong, Hong Kong and Macau’s Greater Bay Area will connect Hong Kong with Shenzhen and take the opportunity to develop high-tech industries to attract large enterprises. And talents coming to Hong Kong to stimulate the demand for residential and commercial buildings in Hong Kong.
Group seizes opportunities to develop mainland business
The Group is also optimistic about the property market in the Dawan District. Huang Jianye refers to the rapid development of the Mainland. Regardless of the volume of property transactions, the Greater Bay Area is also more than Hong Kong. The Group will seize the opportunity of the Greater Bay Area and actively develop the Mainland business. As for the amount and scale of investment, Depending on the affordability of the employees, the funds are second only to the group.
In fact, in recent years, more Hong Kong people have bought their homes in Dawan District. He believes that the property in Dawan District is “stunned to sell”. If there is excess funds, it can be placed in the Dawan District property.