Zhongyuan Commercial Shops: Market Sentiment Strong in Wait-and-See Mood, Number of Transactions in August for Hong Kong Commercial Shops Hits New Low for the Year
According to the Wisdom Finance APP, a new "Policy Address" will be announced within the month. The market anticipates that the Hong Kong government will propose new measures to further assist in solving the problem of insufficient accommodation for foreign students. Many investors are optimistic about the development potential of student dormitories and have entered the market early. Multiple transactions of entire properties such as hotels and mixed-use buildings have been recorded in the market. However, the overall buying and selling performance of commercial properties in Hong Kong has been dragged down by the US interest rate cuts, reaching a new low for the year in a single month.
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