2018年10月19日星期五
 
專家論市
Martin Hennecke

Shop property sales feel pressure
 
12/10/2018
 
Bridgeway chief executive Edwin Lee says shops in residential areas selling daily necessities will be resilient despite the economic uncertainty and he is bullish on shops near the high-speed-railway stations and the Hong Kong-Zhuhai-Macao Bridge.

"In October, so far we have recorded up to 13 transactions, which is a small number. When the market was heated in 2013 and 2014, we had up to 300 or 400 transactions per month."

Lee said the shop property market is under pressure due to trade war tension and rising interest rates.

Shop property deals saw 1.1 percent growth in the number of transactions to 1,130 from January to July 2017, amounting to HK$21.97 billion, a 44 percent year-on-year increase.

Property company Cushman & Wakefield expects rentals in the shop property market to increase 3 percent, driven by the strong demand of local consumption this year, despite trade war tension and depreciation of the yuan clouding the economy.

Figures from the Census and Statistics Department showed 18 months of retail sales growth. The value of retail sales in August was up 9.5 percent at an estimated HK$38.2 billion over the same month in 2017.

上一篇新聞 : Don't sell impact of China's financial policy short
 

 

 
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