Hong Kong wage earners have long working hours on weekdays, and there are more time at home than at home. Only weekends and holidays are slightly free. Therefore, real estate developers often sell first -hand residential real estate on Saturday or Sunday.In the past Saturday (May 11), Sun Hung Kai Real Estate Group, the largest real estate developer in Hong Kong, came out of the nest, selling more than 200 residential units of a large new real estate.
The real estate is located on the upper lid of the Railway Yuen Long Station (refers to a building near the exit of the subway ground entrance). It is convenient to geographical location. As soon as it was launched, the buyer's attention was attracted.According to the Hong Kong media, the Global Trade Plaza of the Kowloon Station of the Sales Office is located on the same day.The scene is quite exaggerated.The batch of units sold them in less than six hours, and the response was very enthusiastic.
The above is just an individual example of the recent hot Hong Kong property market.Hong Kong's property prices have fallen by more than 20 % in the past two years, and the negative impact on the economy has become increasingly greater.Financial director Chen Maobo announced on February 28 this year that it was comprehensive "" "Stamp duty, Hong Kong citizens have entered the market to buy buildings.
The real estate intermediary company "Hong Kong Real Estate" surveyed nearly 300 customers at the end of April, and found that nearly 60 % of the respondents increased their willingness to operate after the "withdrawal", reflecting that "withdrawal" increased the motivation of buyers to enter the market.Essence
The official and market data also shows that in March, the transaction volume of the first -hand residential market in Hong Kong has risen by more than 14 times to 4,200 monthly, writing a single month high after 1998;The number of residential housing estate rose by about 2.6 times to 359 monthly in March.While the volume rose, property prices also went up.According to the number of Hong Kong Poor Estiments, the March property price index in Hong Kong increased by 1.06%month -on -month, ending ten consecutive declines.
People who are optimistic about the Hong Kong property market generally believe that the property market has "withdrawn", coupled with the overall economy has begun to recover, and the recent stock market atmosphere has changed.Back.
In addition, according to the latest number announced by the Hong Kong government, as of the end of April this year, about 290,000 applications have been recorded, of which nearly 180,000 were approved, and more than More than 120,000 people have arrived in Hong Kong .The influx of talents also provides huge rigid demand for the Hong Kong property market.
On the other hand, many people have begun to hold their strong questions about whether the Hong Kong property market can continue to be strong. One of the reasons is that interest rates are the most critical factor in the trend of interest rates.Members of the Federal Reserve have recently hinted that the US interest rate may continue to be slightly reduced in this year.Once the US dollar continues to high interest, the Hong Kong dollar that is linked to the dollar will inevitably follow, leading to the continued high cost of home property, hindering the willingness of citizens to enter the market.
In fact, the interest expenses of Hong Kong people have soared in recent years.A friend borrowed 3 million Hong Kong dollars from the bank a few years ago to buy a house. According to him, the previous interest rate was low, and only 10,000 Hong Kong dollars (S $ 1733) was required every month.But in the past year, interest has continued to rise, and it will provide 13,000 Hong Kong dollars a month, which has increased by 30 %, and it is miserable.For Hong Kong people who are interested in buying a house, the financial risks and pressure brought by high interest are much higher than the property prices, which prompts them to dare not enter the market easily.
Buyers buyers are nothing more than self -occupation and investment.For investors, Hong Kong property is currently lacking investment value.Some banks are now about 4%of the regular interest, while the rental rate of rental market rent is only 2%to 3%.The value of investment in the property market is low, and some people would rather put the funds in the bank for regular deposits.
In other words, in addition to the maintenance of the property market, the rest is only new immigrants in mainland China and residents of mainland China.In fact, after the Hong Kong Government "withdraw", mainland customers did not need to pay high taxes. In the past two months, a large number of people have visited Hong Kong to buy buildings.However, it is worth noting that recently there are some factors that are not good for the "new darling" of the Hong Kong property market in the market.
Last week, large Hong Kong banks began to tighten the application for mortgage loans of mainland passengers, notified the front line of real estate agents, and suspended the application for mortgage applicants who had no Hong Kong ID card. The industry generally believed that other banks would follow.After the news came out, it immediately shocked the entire property market.
For the two months of "withdrawal", a large number of mainland customers have come to Hong Kong to sweep the goods.According to statistics from the Meridian Mortgage Company, on March 27, the company received a sharp increase in the number of mainland passenger mortgage, and the application case accounted for 24%of the overall number, which was the highest in one year.The bank suddenly suspended the mortgage to the mainland customers, which means that they may have to pay a clear time in the future to enter the market, which will undoubtedly have a great impact on the Hong Kong property market.
What's more, in recent years, the mainland property market has continued to decline. Recently, many core second -tier cities have announced the full cancellation of housing purchase restriction policies.Essence
In general, the Hong Kong Government has "withdrawn" so far, the market has gradually consumed a large number of purchasing power after the market rising in March. Recently, the transaction in the second -hand residential market has gradually slowed down.The leading index of the Central Plains City, which reflects the market price trend of the second -hand housing market in Hong Kong, has experienced a five -liter and three declines in the past eight weeks after the "withdrawal of the spicy", and only a slight increase of 2.29%during the period, reflecting the beginning of the "withdrawal effect" of the property market.
Hong Kong property prices will still fight repeatedly in the short term, and how the future trend needs to be observed.For Hong Kong people, buying a property is a lifelong event. With the increase in the risk of the property market, we must make a decision carefully. Do not act.
