Poly: rental support property prices expected to be 5 to 10% this year

Poly: rental support property prices expected to be 5 to 10% this year

The property market has entered a restructuring cycle. However, Gao Yuhua, head of the sales department of Poly Real Estate (Hong Kong), believes that there is no major change in the economic tone. Even if the property market is adjusted, there will not be a large number of “jumping goods”. It is expected that the property price will be within 5% to 10% of this year. .

Gao Weihua said that the market sentiment has changed in the near future. As Hong Kong is an open market, the property market is hardly immune to stock market volatility. However, the consumer market in Hong Kong is stable and there is no reduction in mainland tourists. I believe the economic tone has not changed much.

Gao Yuhua: The economic tone has not changed

Tenancy is another factor supporting the property market. Domestic demand or foreign investment in Hong Kong brings rental demand, and stable rental income supports the stability of property prices. At the same time, after two or three major economic crises in the past 20 years, the owners and buyers in the market are now strong, and there will not be a lot of “jumping goods” due to the adjustment of the property market. It is expected that the property prices will be between 5% and 10 this year. % within the volatility.

Although the property market has entered an adjustment period, there are still many large transactions in luxury homes. Gao Haohua said, “The advantage of the best quality products in the entire property market is not affected by the economic cycle. The fastest rebound or the least impact in the past Luxury homes are believed to be strong customers who feel they like to buy products. Sometimes even the market sentiment may not be the hottest, but the property prices are relatively stable, but instead become a market opportunity.”

Poly Real Estate will deploy two new discs this year. It has already started selling Kai Tak Long Yu. The remaining 190 people will continue to sell. Most of them belong to large units or high-quality units with sea views, including low-seat duplex households, which will be added in stages. Push.