No Data
Express News | Hong Kong's second-hand property price index rose by 1.24% week-on-week.
HKMA: Interest rates may remain at relatively high levels for a period of time.
The Federal Reserve in the USA cut interest rates by 0.25 basis points. The Hong Kong Monetary Authority stated that as expected by the market, the Fed further lowered interest rates, implementing a looser monetary policy. However, the future pace of rate cuts depends on the economic data in the USA, which will be affected by fiscal and economic trade policies, thus there are still many variables. Additionally, since the monetary policy environments of major economies are not necessarily fully synchronized, the risk of global market volatility is worth noting. The Hong Kong Monetary Authority mentioned that the financial and monetary markets in Hong Kong are operating smoothly, with stable market liquidity and a stable exchange rate of the Hong Kong dollar. The Hong Kong dollar's interbank interest rates are generally approaching the US dollar rates under the linked exchange rate system, while shorter-term interbank rates.
The overall residential property prices in Hong Kong are still under pressure in the short term according to Knight Frank's Hong Kong Residential Market Report. The overall atmosphere and leasing in Hong Kong Island's Grade A buildings will gradually impr
According to the latest "Hong Kong Monthly Property Market Report" released by Knight Frank, this year's Policy Address announced an increase in the maximum loan-to-value ratio for all property loans to 70%. With the cancellation of all cooling measures in the real estate market, as well as lower interest rates, Knight Frank expects more high-income local and overseas professionals to enter the mid-to-high-end residential property market in the long term. However, it is expected that overall residential property prices will still be under pressure in the short term, despite recent interest rate cuts, as interest rates remain relatively high. Due to developers actively launching new projects to drive sales, the secondary housing market will continue to be under pressure. As for Grade A office space, in September this year, Grade A office space in the Hong Kong Island area continues to face challenges.
Express News | UBS Group: Mainland clients buying Hong Kong property have further intentions to increase, expecting Hong Kong property prices to rebound next year.
John Lee Ka-chiu: Adjusting the green and white form ratio in the Housing Policy Address should not be considered a 'conspiracy theory'. No serious speculation in the property market has been seen yet.
Chief Executive John Lee Ka-chiu said in an interview with TVB that it is not appropriate to hold a 'conspiracy theory' towards the adjustment of the public-private housing ratio mentioned in the Policy Address, emphasizing the importance of flexible allocation of housing demand. He mentioned that the differences in demand for public and private housing at different times are normal, and the role of the Hong Kong government is to balance the differences and determine the priority of resource allocation. If the public housing quotas are not fully utilized, they will be reallocated to applicants for private housing. John Lee Ka-chiu believes that he is confident that the situation of public housing supply being 'top-heavy and bottom-light' will improve after 3 years. As for the 'blank period' in between, it needs to rely on 'economical public housing' to solve the problem, describing the arrangement as being 'site-specific'.
Hong Kong stock concept tracking | The announcement of the cancellation of property purchase restrictions in UAC! The beginning of the "Silver Ten" sees warming trends in the real estate market in many cities (with concept stocks).
Everbright Securities stated that recently, real estate has seen the continuous release of restrictions on purchases and sales, leading to a significant increase in the volume of new homes sold in many areas, with a noticeable boost in market activity. It is expected that future real estate policies will continue to make efforts to promote the stable and healthy development of the real estate market.
No Data
No Data