Real estate market
Written by: Huang Haolin
2020-06-08 16:12
Date of last update: 2020-06-08 16:13Although the primary market has continued to flourish, there have been frequent cases of tackling orders recently. Many people worry that the National Security Act and the new coronary pneumonia decision will affect property prices. Zhang Zicun, a director of Midland Real Estate, believes that compared with the new coronary pneumonia epidemic, the impact of the National Security Act on the property market is more minor.
Zhang Zicun said that some investors may worry about the impact of the National Security Law on the property market, but he believes the impact is short-lived. According to the figures of Midland Real Estate, from the announcement of the draft National Security Law by the National People's Congress to yesterday, a total of 1,400 transactions were recorded in the primary market on the 17th, an increase of more than 50% from the 900 transactions on the 17th before the announcement.
In terms of second-hand trading volume, the top ten housing estates did not record 40 transactions in three weeks after the announcement of the National Security Act. Although the number fell, the main reason is that it is rare to buy first-hand customers and second-hand high-quality disk sources. In contrast, compared with the first three weekends after the new crown pneumonia, only ten transactions were recorded in the ten largest housing estates, reflecting the impact of political and economic turmoil on the property market, which is temporarily less severe than the epidemic.
He also expects developers to keep pushing the market, expecting to record more than 2,000 first-hand transactions in June, and about 3,500 second-hand transactions, which is similar to the average monthly second-hand residential volume, and there will be a situation of "second-hand stability". Property prices will be forecasted to increase by 5% throughout the year as the atmosphere of the property market stabilizes.
Cooperate with Carousell to promote building sales platform
On the other hand, Midland and Carousell's "building trading leasing platform" is currently in the trial stage, users can register as Carousell members, and chat with agents in real time to answer real estate investment questions. Midland and Hong Kong Real Estate will now promote 150 real estates each, for a total of 300. Zhang Zicun hopes that the cooperation with Carousell will open up online contact channels to penetrate customers of different ages. Carousell Hong Kong business development director Ji Dekang said that most active members are between 25 and 44 years old. Most of them use the Internet and smartphones. I believe that "network disks" can be tailored to customer needs.
Hong Kong version of the National Security Act New Coronary Pneumonia Midland Carousell