17/10/2017-8

Hong Kong: 9% of the respondents feel difficult home buyers

Hong Kong property has recently conducted an online survey on the intention of home buyers. 9% of the respondents are in difficulty in home ownership. Of these, 7% have no intention to enter the market, mainly due to the continued high property prices. Interested in the city, 6% want to buy private buildings.

More than 70% of property prices are not expected to enter the market

The Government has actively increased the subsidy of housing and introduced the first car on the board to help the public on the train, plus the intention to extend the conversion tax rebate, the impact on the property market is positive. However, of the 312 people who visited Hong Kong’s home buyers, 90% of the people were still in difficulty in home ownership. Only 23% of them were interested in entering the market during the year. Interested in the city of respondents, only 4 percent of people want to buy aided housing, reflecting the majority of people on the policy is still on the sidelines.

About 43% of those who do not intend to enter the market are continuing to rise on a property basis, up 23% quarter-on-quarter. They expect property prices to continue to rise during the year, with a general increase of about 5% or more, plus $ 3 million to $ 499 million Within the penny units to buy less rare, and thus deterred. In addition, 2% of people believe that housing supply is insufficient, up nearly 5% quarterly.

Hong Kong Real Estate Chief Executive Officer Li Zhicheng said that the limited supply of subsidized housing has a slight impact on the private housing market. Many developers have stepped up their prices before the implementation of the policy to further push up property prices and urge the Government to timely reduce spicy food, Even if the adverse market cycle can also be repeated to repeat the 1997-2003 crisis.