Achievements to sell the price of both

In the first half of the property market boom, the main large-scale developers to sell the results of the ideal, but the Chinese grab the ground, the local consortium is difficult to add land reserves, is expected to be in no hurry to push the disk, fear of slow government is expected to 3 to 4 years 9.8 million potential supply The

According to the earlier announcement of the Transport and Housing Bureau, the potential supply of private buildings in the past three to four years is 98,000, which is an average of 25,000 to 33,000 flats per year. The supply seems to be in a turbulent situation. The amount of about 11,000 folks, that is, the second half or nearly ten million supply.

Although the Government has limited the time to completion of the project on the land lease, the developers still have great control over the pace of controlling the push. At present, the performance of the major large-scale developers is satisfactory, for example, Cheung Kong (01113) has set the amount of $ 36 billion, far exceeding the Group’s target at the beginning of the year.

It is harder to make a lot of money

In the context of the results of the sale of the ideal, large developers will not rush to push the plate, the second half even in accordance with the original pace of selling, the strategy will also pursue both the price, the lower price of the opportunity to push the plate.

At the same time, large-scale developers in the past to pursue “goods such as rotation,” in the market to absorb land reserves, they actively sell, cash, so that funds for re-use for investment. However, in recent years, the influx of Chinese-funded developers in the past, the developers to absorb soil storage than the previous difficulties, such as this year approved six residential sites, only one from Hong Kong investment, with the “difficult to enter”, the developer It is more difficult to continue to sell goods or sell more in the future.