Chen Jinping, head of CBRE's Hong Kong Research Department, believes that the Hong Kong Special Administrative Region Government's Policy Address is comprehensive, and that the government has proposed a number of policies and measures to strengthen Hong Kong's long-term competitiveness, including but not limited to plans to expand Hong Kong's industry base, enrich Hong Kong's talent pool, and enhance Hong Kong's overall attractiveness and livability. Although the report does not include much direct policy measures on commercial real estate, there are plans that are beneficial to the development of the industry. Zheng Haiyan, head of valuation and consulting services at CBRE, said that the government is optimizing the “New Capital Investor Entry Program” and it is expected that this will immediately be reflected in the trading volume of the luxury housing market. After the government withdrew in September, it noticed a gradual recovery in residential transactions. Super luxury property sales in the first three quarters of this year hit a three-year high. The move is expected to further stimulate demand for high-end housing and stabilize related property prices.

Zhitongcaijing · 10/16 07:17
Chen Jinping, head of CBRE's Hong Kong Research Department, believes that the Hong Kong Special Administrative Region Government's Policy Address is comprehensive, and that the government has proposed a number of policies and measures to strengthen Hong Kong's long-term competitiveness, including but not limited to plans to expand Hong Kong's industry base, enrich Hong Kong's talent pool, and enhance Hong Kong's overall attractiveness and livability. Although the report does not include much direct policy measures on commercial real estate, there are plans that are beneficial to the development of the industry. Zheng Haiyan, head of valuation and consulting services at CBRE, said that the government is optimizing the “New Capital Investor Entry Program” and it is expected that this will immediately be reflected in the trading volume of the luxury housing market. After the government withdrew in September, it noticed a gradual recovery in residential transactions. Super luxury property sales in the first three quarters of this year hit a three-year high. The move is expected to further stimulate demand for high-end housing and stabilize related property prices.