Real estate property market
Written by: Qian Qian
2019-11-26 16:14
Last updated: 2019-11-26 16:15Kai Wah International (0173) ’s Kai Tak“ Jia Feng Hui ”opened a demonstration unit to the media today (26th), and announced that the price will be tomorrow (27th) as soon as possible, and then open the display. The project provides 1,006 units, which are mainly two-bedroom or below, accounting for more than 80%, and the two-bedroom space accounts for half of the entire unit.
Wen Weiming, director of business and marketing planning (Hong Kong Real Estate) of Ka Wah International, noted that after the social incident, property prices did not fluctuate much. On the contrary, after the government announced a new mortgage policy, second-hand reactivation and owners ’counter-prices were incurred, and funds flowed into the property market. Driven by second hand. He also pointed out that Hong Kong has a good tone and the rigid demand for home ownership continues.
For the new sales in the same district, Wen Weiming pointed out that the new listings in the district mainly focus on three-bedroom units, which are slow to digest and have a large number of customers. On the contrary, "Jiafenghui" focuses on small units and has a relatively fast sales pace.
Unemployment rate remains low and has little impact on the middle class
Wen Weiming believes that the current unemployment rate is still low, and I believe that the grassroots are the most affected. On the contrary, it has little impact on the middle class. Regarding the forecast of property prices this year, he did not make any predictions, and pointed out that no new market should be available in the past two weeks, depending on whether "Jiafenghui" can record ideal sales and drive the market.
The developer opened 4 demonstration units today, including one-bedroom delivery standard, practical area of 331 feet; two bedrooms with open kitchen delivery standard, practical area of 443 feet; one pair of two-bedroom kitchen delivery standard and decoration units, practical Area is 514 feet.
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