Hong Kong Property Materials hand this year, the challenge of buying and selling 20,000
Last year, one-handed residences sold well and recorded over 18,600 sale registrations throughout the year, setting a record high. Some agents estimated that the property market will continue to be dominated by the primary market this year. It is expected to challenge 20,000 this year and set another historic peak. It is expected that nearly 10% of property prices will be “booked" this year.
Li Zhicheng, chief executive of Hong Kong Property Management, expects developers will gradually restart the push-up plan after the Spring Festival holiday so that the property market will continue to prosper. It is estimated that there will be about 20,000 first-hand residential registrations this year, up from $ 18,600 in the previous year. Year increase of about 7.2% to a new record high. In the secondary market, about 48,000 sale and purchase registrations are expected, up by 45.1% over the previous year, representing a year-on-year increase of 6.4%. It is estimated that there will be nearly 10% Increase.
In the first half by 6 branches to attack the new disk town
In order to seize new opportunities, Mr Lee revealed that the bank plans to add at least six new branches in the first half of the year, focusing on supply of new markets such as East Kai Tak, Sai Kung and Tseung Kwan O in Kowloon. At present, the Bank has a total of about 77 branches. In addition, approximately one adult will be hired concurrently to increase the company’s staff from about 1,000 to about 1,100.
He said he does not expect any new policies on the property market to be announced for the new “Budget" announced tomorrow. This will include no adjustment to the current “spicy move" policy.