Liang Zhijian: The property market is more challenging.

The chairman of Wheelock Real Estate Liang Zhijian believes that due to the trade war between China and the United States, the property market is full of challenges this year. I believe that the second half will be clear, and even a 5% to 10% increase in property prices is still a healthy growth. The group will launch 2,400 to 2,500 people this year.

Refers to a 5 to 10% increase in property prices.

Property prices have fallen from high levels. Liang Zhijian said that this year’s property market has been tested and is mainly plagued by external factors, especially the Sino-US trade war. However, he believes that the conflict between the two countries is expected to be gradually resolved. It is expected that the property market will be clear in the second half of the year. And Hong Kong’s economic tone is good, and property prices are still healthy development within 5% to 10%.

As for the planning of the Dawan District, the planning outline will be announced. He said that Hong Kong is backed by the motherland. Hong Kong has a small population. The Dawan District is expected to strengthen the integration of China and Hong Kong. This will enable the flow of funds and people to be strengthened. Hong Kong can benefit. I believe that “China is good, Hong Kong must be better.”

Wheelock 3 new disk deployment during the year

As for the new deployment of this year’s sale, Wheelock Properties will launch three new properties, including the 7th phase of Tseung Kwan O’s Sunrise Cannes (A and B phases totaling 1,120). It is expected to be the first shot of the Group. Pre-sale consents for pre-sales, in addition, the No. 77 Peak House project (8 groups) and the Kwun Tong Siu Fat Road project (about 1,000 gangs), together with the surplus items, are expected to be introduced to the market by 2,400 to 2,500 units this year.

As for the satisfactory sales performance of last year, a total of $29.3 billion (including residential property and commercial projects) was realized in the whole year, which is about 12% higher than the $26.1 billion in 2017 and involves a total of 2,143 flats. He said that the sales amount this year should be difficult to break through last year’s high, but expect to be close to this level.

The Group has just purchased HNA’s last site, No. 2, Zone 1L, Kai Tak Land, for nearly 6.9 billion yuan. He believes that it belongs to the market price, and the purchase price is even more than the construction fee and interest cost. The total investment amount exceeds 10 billion yuan.