property price adjustment and long-term development

yesterday joined the Meridian Mortgage Referral to hold a New Year’s party, and Group Chairman Huang Jianye also attended.

The port has a good tone and has confidence in the mansion.

Vice-President Huang Jingyi said that in the Year of the Dog, the second-hand price has fallen, and the overall global economy of the Year of the Pig has been declining. The countries of the world are facing different challenges. Hong Kong has also entered an adjustment period, mainly due to the rapid increase in small and medium-sized units. I believe that the adjustment period will help the overall property market to develop healthier. She said that Hong Kong has a good tone and has confidence in luxury homes and is still optimistic about the development of the property market in the long run.

Mr Wong continued to claim that about 7,000 hectares of land in Hong Kong was obtained through reclamation, accounting for about 25% of the developed land. The reclamation will help improve the living environment and facilitate residential and commercial development. She advises those who wish to enter the market to be cautious and capable of entering the market. However, they must be “diligent and efficient” and have to do more “homework”. They should pay attention to the concession and contribution ability when buying a flat. Price and bank valuation, do not over-borrow, do the banking stress test. Huang Jingyi pointed out that no matter whether buying a house or investing in a long-term line, it is not advisable to short-sell, and to buy a building to prevent the old mentality, aiming at the big cycle of rising waves.