The property market is “high to expensive”

The MTR has many well-positioned stations or depots for development. As one of the main tendering channels for residential land in Hong Kong, Ma Shiheng, who is the chairman, frankly stated that he was puzzled by the high property prices and was “very expensive”, and admitted that at the moment, The probability that the property market has peaked is high. On the morning of the interview, he just sold a small unit in the Central District and “makes less money”.

Selling Property Cash Out Price Satisfaction

He disclosed that after he took out the property, some of the units were bought in one fell swoop, including a 200-square-metre old building bought in Central to facilitate the “dropping and changing of the shirt.” Rent out. For the return on investment, he only said that when he bought the price of more than 10,000 yuan, it is now selling for more than 20,000 yuan, the return is not high, but satisfied with the price.

Ma Shiheng had previously subscribed for a stake of 8 million yuan in Suffolk House (01978) in private terms and talked about his investment experience. He said that since he became the Secretary for Financial Services and the Treasury, he has always insisted on investing in “doing enough homework and doing what he can”. In principle, we must avoid hearsay “buy numbers”. In the past two or three decades, their investment attitudes have been conservative. Half of the stocks and bonds, plus some real estate, have not lost a lot of money. OK.

He also said: “Over the years, I have seen people lose the most Money Accumulator (accumulation option), I have to buy, I avoid a few stocks, I do not put all the eggs in a basket, do the assets allocation ( (Asset allocation), part of the money is placed on bonds, part of the money is put into stocks, and you will never be able to meet with the stock market.

There is a saying in foreign countries: “Home is where the family is.” Ma Shiheng always pays attention to the family. He moved to his grandson’s floor two years ago. During his free time, he made fun of the grandchildren. He praised the new generation of children. It is much smarter than the previous generation. It is also stressful. “Sometimes it seems that young people are ashamed of their future. I am happy. I all want to be active and have confidence in the system and the community. I am full of enthusiasm.”