Political instability is expected to fall in the second half of the year
Recently, the market is full of political uncertainties, and some agencies are expected to affect the property market trend in the second half of the year. Tao Weihong, vice president of Greater China for DTZ and Greater China, said that the shorter the time to resolve political issues, the smaller the impact on the property market. Tao also expects that the recent political turmoil is expected to be resolved in the short term, so it has little impact on the overall property market.
Midland: Kai Tak, after the booking, the commercial building softened
According to the latest report of DTZ, the number of residential temporary sale and purchase contracts in April and May reached 16,030, a 32% increase over the same period last year. However, the local political turmoil is expected to affect the property market in the short term. It is expected that the number of residential temporary sale and purchase contracts will fall back to 4500 this month. Zong. On the one hand, the market is over-supply and expects to cut interest rates. On the other hand, Sino-US trade wars are being slashed, and there are political turmoil in the local area. I believe that more buyers will turn to wait in the future. It is expected that the volume of residential transactions will decline in the second half of the year. Will stabilize. If calculated this year, the overall number of transactions and property prices will still rise.
In the industrial and commercial shop, since Gao Yin (0530) abandoned the Kai Tak commercial site earlier, the commercial property transaction dropped significantly. Huang Hancheng, CEO of Midland Industrial and Commercial Services, said that only 12 commercial buildings were recorded in the market from 12 to 17 this month, which was 70% lower than the 30th of the same month, and the 9 transactions did not include Grade A commercial buildings. . Huang continued, as local political disputes subsided, and the US Federal Reserve also had the opportunity to cut interest rates this year and stop shrinking. It is expected that the overall industrial and commercial shop volume will increase by 5% in the second half of this year.