The property market is recovering quickly. It is expected to be transferred after the Spring Festival.
Affected by external news, Hong Kong’s property market entered an adjustment period. Zhang Shiyun, Marketing and Marketing Director of KWG Group (Hong Kong and overseas), believes that Hong Kong is an international financial center. The adjustment speed is very fast and the recovery speed is also fast. Active.
Zhang Shiyun believes that Hong Kong is an international financial center with frequent commercial activities. The response from the news is relatively large. In the short term, property prices will inevitably be adjusted.
Public private housing seventy-three
“(In the past), the price of the Department of Assessment has risen for 28 months. Now it is back to the market. The cost of buying land for developers or the pressure on buyers is alleviated. It is a factor in the health of the property market. ) can’t always be in a single direction, otherwise it will be harder to have purchasing power.” Zhang Shiyun estimates that property prices will only return to the end of 2017 at the end of the year, which will offset the increase in property prices this year. As for next year’s trend, it will depend on factors such as trade wars. It is currently not suitable for quantification.
The Hong Kong property market is affected by the public’s expectations for the future and the investment climate. The former is under the easing of the trade war. I believe the public’s expectations for the future will improve. The investment climate is now at the end of the traditional low season. It is expected that the atmosphere will improve after the Spring Festival next year. .
The Government intends to adjust the proportion of public and private housing to seven or three ratios. Zhang Shiyun said that whether it is public housing or private housing, the public needs to settle in and settle down as a basic demand. The Government has a responsibility to meet the need to improve the supply chain. At present, the waiting list for public housing has reached a new high of 18 years. It is a matter of course that the ratio of public and private is “June 4” to “73”.
However, Zhang Shiyun believes that in the long run, it is impossible to ignore changes in the private market and release information on shortages for a long time. Because the private property market is an open market, demand is no less than that of public housing. If the demand is unhealthy in the long run, it will also be reflected in the buying and selling price, and the government is expected to make a reasonable periodic review.