Hua Wei refers to the normal callback

Hua Wei refers to the normal callback

Cai Hongxing, the chief executive of Huaying Group, agrees that the property market in Hong Kong has been in a higher-level uptrend in the past. Nowadays, the callback is normal, and it is not possible to see a sharp drop in property prices. He said that he is still in a low-interest environment. Most of the developers have sufficient funds and there is no need for financial sales at a large price. The recent Kaide land has been awarded a high price, which also reflects the optimistic outlook of the developers.

In terms of the pace of push, Cai Hongxing believes that most developers’ push strategy is always that goods are rotated, and there is no long-term deduction of goods, and pricing is restrained. He also revealed that the group will continue to look for suitable land, such as participation in land acquisition, reconstruction projects, etc., each time the land is expected to succeed, but emphasize that the bid will do its best.

The mortgage policy can improve

Cai Hongxing said that the tightening of mortgages by the HKMA only led to a blockade on the train. The public has to prepare for a larger first phase and the policy has room for improvement. The developers provide first-hand high-value mortgages to help the public buy flats and show Our products are confident that even if property prices fall, it is only a minority of cases.

The Chairman of the Central Plains Group, Mr Wing Wing-ching, said that the property price has fallen to the current level and has seen the first support level. The current property market is in the midst of Xiao Yang Chun. Some blue-chip housing prices have rebounded, reflecting the fact that there are no shortage of buyers in the local property market. This year’s overall investment environment is not good, affected by the global political atmosphere, especially the Sino-US trade war may continue for a long time. In the absence of investor support, the property market is dominated by users and is expected to continue to slow down. The overall trend this year is downward.