At the invitation of the GBA Business School (Hong Kong), Mr. Shih Wing Ching, the Founder and Chairman of Centaline Group, talked about: “Greater Bay Area real estate market trends and opportunities” — 21/05/2024 @ GBA Business School
日期: 21/05/2024
Guest host:
DBS Bank Hong Kong Branch Senior Vice President Mr. James Lam (GBA Business School Alumni)
Discussion points:
- You must understand the rules when investing in real estate
- Development stages include: recovery period, upsurge period, crisis period and depression period
- If property prices are out of touch with people’s economic capabilities, there will be dangers.
- Buildings are not purely consumer goods, they also include investment considerations.
- Generally speaking, self-owned-flat is not speculated, operators tend to rent it, and investors will buy while interest rates are low.
- For the time being, the vacancy rate for housing in Hong Kong is about 5%, but the vacancy rate for commercial units is about 15%, which is relatively high.
- A common phenomenon during a rising market is to buy first and then sell later.
- The situation in the Mainland requires clear political considerations
- The development of GBA will attract funds and talents, and property prices will outperform other mainland cities.
- There are three different administrative systems in the Greater Bay Area. It is necessary to understand: the flow of people, logistics, capital flow, and data flow to produce synergistic effects.
