25/1/2018-8

Capital Strategy: This year, property prices are expected to slow down

Property Market Continues to Boom. Capital Strategy (00497) Chairman Choo Chu-Yih predicts that property prices will slow this year and the overall factor is good. However, we should pay attention to the trend of interest rates and look forward to the upward trend in the prices of commercial buildings and mansions in the core areas. In the first half of the year, the Group focused on the luxury residential projects of Purdue Street Commercial Building in Central and Jardine White Jardine Road in Jaisalmer.

Chung Chor-yi believes that the market capital is still much, but the property market this year as a whole better, property prices increase or less than last year, turned stable.

Pay attention to the government’s appeal to ease the mortgage

Interest rates, it is possible to raise interest rates this year, he said that in the past each rate hike, the initial impact on the property market may not be obvious, but into the trend will affect the rate of return, it should pay attention to interest rates trend, if rent increases at the same time, can offset Rate hikes affect. Residential property prices continue to rise. He believes that the government can consider easing the mortgage so that the second-hand housing market will be re-established. The public will have more choices in home ownership and will not focus on the primary market.

Property investment, he optimistic about luxury and commercial buildings. Mansion sentiment is ideal, while buyers of high-priced mansions are mainly from the Mainland. With the ideal of economic growth in the Mainland and the continuing interest of residents in buying property in Hong Kong, the mansion also looks at the high front. As for the supply of commercial space, Central or Central this year, the Central Disposal, volume expected to rise, commercial units more than 50,000 yuan foot price transactions will continue to appear. Even though the non-core area such as Kowloon Bay is slightly under pressure for rent, the transaction price is still not bad, and it is worth the optimism.

Lee some shopping center in Central next month sale

In terms of pushing strategy, he said Commercial Buildings 2 to 4, Belize Street, Central, will be the starting point for the project to be completed within the year and expected to be launched in early February. The property covers an area of ​​about 45,000 square feet, each floor area of ​​about 2,000 square feet, he said not yet set a whole block or sold in layers, if the entire market value of at least about 2 billion yuan, , Each involving about 60 million to 70 million yuan Project is located in Soho, bars, specialty restaurants everywhere, I believe in demand.

In addition, the early partnership shot (00083), billion Beijing vote won the Kowloon Bay commercial buildings, pre-sale consents consent materials can be approved in the first quarter, the first half can be dismantled. Residential, the first half expected to launch Jardine Jardine White Road luxury project, involving 16 partners.