Cheung Sha Wan industrial low cost water to see the high line

This year the property market continued to be strong, Wei firmly believe that the measurement of property development and investment director Xu Weiguo believes that more funds, low interest rates two favorable factors unchanged for at least the first half. This year, the investment market is still on the rise. The price of flats for buildings and flats has increased by a large margin, while the area has been optimistic about Cheung Sha Wan.

2018 to undertake the strong 2017, the investment property market is very prosperous. According to Wei Jianxin’s data from the surveyors, a total of 37 transactions were recorded in the sale and purchase of commercial and industrial properties in excess of 100 million yuan in Hong Kong, involving a total of more than 25 billion yuan.

Among them, Evergrande Capital (00012) sold nearly 10 billion yuan of the commercial buildings at 18 Central Avenue, North Point. Recently, Wing Lung Group also repulsed a total of 2.85 billion yuan to acquire the entire W Square building in Wanchai, which reflected the market conditions still booming.

Mr Hui said the two key elements in the investment market – capital and interest – were still good this year. “There has always been ample capital at the beginning of the year. In January, there was a prosperous investment property market with buyers from China, foreign investors and local buyers reflecting funds Still interest rates, the current interest rate is low, it is estimated there will be a chance to raise interest rates in the second half, the first half should have no problems.Of course, the second half of several factors still have to pay attention, in addition to inflation, the United States a year ago, We still have to pay attention to whether there is any reduction in the level of hot money. At present, people from all walks of life are fighting for property and are still optimistic in the first half of the year. ”

Last year, the stock market Wang small residential more benefit

As for the recent volatility in the stock market, the overall stock market has made a fortune last year that will have some wealth effect and will lead to property investment. He said: “The stock market is likely to have an effect on the property market. However, it is believed that small and medium-sized flats will benefit more. Floor replacement is less likely to occur in the “Sands” and institutional investors. ”

Among various properties, the performance of A-H was satisfactory last year and this year it recorded the sale of all commercial buildings. Hsu Wai-kuo believed that A-H was still the focus of investment. “The Chinese have some demand for A-form in Hong Kong and new core areas and border areas are completed And enjoys the sea view. It is a perfect match for this year.

He also pointed out that the supply of East Kowloon commercial buildings is larger but the volume of trade wins is better. This year is also worth the bullish view. “East Kowloon’s new supply is more and the volume is more traded. East Kowloon will be more active. Recently, The price is about 13000 to 14000 yuan, the price is reasonable at the same level. ”

Apart from commercial buildings, industrial buildings are also the focus of investment in recent months. His analysis was mainly due to the change of government after the reactivation of industrial buildings in sight, and the prosperous commercial buildings, which led to the greater incentive for owners to reactivate industrial buildings. “Because commercial buildings are ideal for rental, and the price of a factory is still low, if the conversion to commercial buildings is good,” a sound voice in recent months suggested that the government should relax the use of industrial buildings to ease the supply of flats to ease the supply shortage. There is a reservation: “Investors should not be overly optimistic. It may be speculation. To convert a industrial building into a residential building is more difficult at a technical level. Of course, there are precedents for the renovation of hotels in the entire building, but if it is converted from a commercial building to a residential building, It is a complicated process to make it on sale. ”

Prevalence of online shopping is difficult to recover the short-term market

In terms of area, he thinks the prospects of the Wong Chuk Hang commercial building should be optimistic. However, the price per square foot has risen a lot. In contrast, Cheung Sha Wan is the most worthy investment. “Cheung Sha Wan belongs to urban industrial buildings and is located at the very center of Hong Kong. Better than Kwun Tong, low water, it is worth investing. ”

However, he believes the retail market will not recover in the short term due to the mode of consumer spending and online shopping. “The retail market is still not optimistic and the rent has not yet picked up. Recently, Of the rent renewal case, the rent is still adjusting.Pall price callback is not much, but because of abundant funds, holding property owners have the strength, did not reflect.Part of the store market is not subject to a single free exercise of factors, is the issue of consumption structure.In addition, Increasingly popular online shopping, the two major factors attack, the overall shop market is ugly. “He believes that under the development of online shopping, relatively optimistic about Minsheng shop, special catering tenants shop,” diet online is difficult to replace the relevant anti-defensive shop better . ”

Last year, both Chinese capital and foreign capital were active in the property market in Hong Kong. He believes that this year’s situation is expected to continue: “The Mainland’s monetary control measures have somewhat less impact but the purchasing power of the Chinese companies is very strong. They also want to diversify their investment, after all, The rate of return of the watch, so relative to the regional shopping centers, their own high rate of return, but also the renovation of value-added space. “