1/2/2018-9

Shi Yongqing: property market or uplift can be maintained for 3 years

Centaline Property held 2018 Dinner Party & Developer Symphony Reception held last night. The founder of the Group, Shi Yongqing, is good. Property market in 2018 will continue to prosper. Property prices are expected to rise by about 8% this year and the uptrend will last 2-3 years.

The Central Plains Group commission income in 2017 amounted to 18.8 billion Hong Kong dollars, turnover of more than 1.1 trillion Hong Kong dollar. The Central Plains Asia Pacific Housing Commission commission of more than 3.8 billion Hong Kong dollars, a record high. In 2017, more than 61,000 leasing and trading transactions were completed with a turnover of over HK $ 223 billion.

This year, the Ministry of Housing commission 5.5 billion record high

In 2018, the Ministry of Housing commission target 5.449 billion yuan, hoping to record new highs.

Shi Yongqing, the founder of the group, said that when the property market was first started, its own market in Taikoo Shing Tai Fook was about $ 200 per sq ft by 1976, and now it has risen nearly $ 20,000 per sq ft. The Central Plains City Leading Index (CCL) Of the 30 points, up to about 167 points now, surpassing 5 times the rise, saying that the real estate market has never seen any real winters.

Non-investment sowing opportunity not barely market

At present, the upward spiral of the property market is driven not only by the property market but also by asset prices and currency appreciation. It is estimated that if the situation continues, the upward spiral in the property market will last for nearly 2 years and the longest may last for 3 years.

He said that at present, “it is not the time for investment in sowing, but the time for harvesting.” If this fails to do so, do not force it into the market. Those who need and have the ability to consider entering the market.

As for the property market, Shih means that the property market has started its upward trend since many years ago. The stock market has just started its operation in the recent two years. It is estimated that the property price increase will fall by one-third of the increase in the stock market this year, maintaining the forecast of an increase of about 8% at the beginning of the year.

In 2017, more than 10 billion kings of the world bid for the annual sales revenue of over 120 billion yuan, setting a record high. Shih means that the property market prosperous developers hope to replenish land reserves in the case of “flour over bread”, the prices are still supported.

In addition, the Group will also make good use of information technology and major platforms to integrate and develop big data so as to keep pace with the times and bring a better quality experience to buyers.