9/1/2018-10

Guoji Hu urged property prices 6 million can be 90% by Paul

The Chief Executive, Mrs Carrie Lam, said earlier on that she will look into whether the $ 4.5 million or less mortgage insurance scheme could be set up to create the 90% mortgage ceiling. Financial Secretary Chen Mao-bo said more recently that the government has considered introducing measures. Waiting for the right time. According to Kwok Ki-fai, an executive director of Sun Hung Kai Properties (00016), yesterday, frankly speaking, the above-mentioned property prices in Hong Kong have continued to rise due to outdated terms of the policy of protection. At present, the primary market with a price of less than $ 4 million has almost disappeared and we think it should go hand in hand with the proposal that 90% The price ceiling, relaxed to 6 million yuan is reasonable.

Developers push first place low role

Kuo Ki-fai said that due to the need to guard against the risk of the financial system, banks should not relax the standard of mortgage loans. Therefore, it is more appropriate to relax the mortgage-protection plan and use the government’s balance sheet to help people get on the bus. He added that at present, the average floor area of ​​about 400 square feet of used flats is about $ 13,000 per square foot. Hopefully, relaxation of the bond protection scheme can reduce the first-phase burden on young people. At present, many young people are unable to pay for the mortgage supply. The first phase.

Asked if Shindeu will follow the example of New World Development (00017) to launch the first-of-its-kind project to help the new generation to get on the vehicle, Guo believes that developers should provide the first-pass assistance themselves and should be shot by institutions such as the HKMA. Instead, It is better for profit-making organizations to work together to help young people in need. It can also reduce criticism. The new site will be rented jointly with the Anglican Church in Yuen Long for renting a housing project. This cross-generational social service center will include youth and residential care homes. It is estimated that construction will commence in 2019 and that the new site will provide land and assist in planning and management. Buried oil “.

The price of competition has risen even higher

On the real estate market, Kwok Ki-fai said that he would make a prediction once again on the disclosure of performance and temporarily refuse to comment on property prices. In terms of industry development, he claims that the overall competition has been aggravated. The premium per square foot has already reached 17,000 to 18,000 yuan per square meter, More powerful, “difficult to do business 咗”, the new land will be hard to do.

He also pointed out that at present, the market share of small and medium-sized developers is getting bigger and bigger. In the next 12 months, half of the supply of new flats and tailings will come from small and medium-sized developers and will no longer be dominated by several developers supply.

For the development of Sun Hung Kai in the Mainland, Kwok Ki-hui revealed that at present, the mainland assets account for about 22% of the Group as a whole, and the proportion is gradually increasing. The projects including Shanghai Xujiahui and Nanjing World Trade Plaza will add a total of over 11 million sq ft of business The floor space, coupled with the developments in the “Guangdong, Hong Kong, Macao, Tai Wan areas” and southern China, will increase the proportion of mainland assets.