England leave Europe group,Hong Kong property market maybe good,maybe bad

yesterday to win the England off the European group, affects the nervous global market participants. Real estate industry generally believe that Hong Kong's real estate and financial markets close relationship, in the face of Europe and the British off the impact is difficult spared, there are correspondent to raise prices in the second half down to 7%, others think that the depreciation of the pound and the dollar pegged to the Hong Kong dollar to make transfer strong, so good luxury market conditions, but in the long run will gradually message digest.

Centaline Property Residential Asia Pacific president, Mr Chan said yesterday, the British took the lead off the results of the EU affect the stock market and foreign exchange market will lose direction, I believe that global financial markets need to undergo a pain. In the long run, the British off the European feed business strategy to make European multinationals need when reforming, as short as three months or as long as six months, long-term impact on Europe and the UK economy.

United States and Canada the opportunity to further reduce interest rates

Chen continued finger, originally estimated 5% decline in property prices in the second half, is adjusted to 7%, but the economic turmoil in Europe, will also affect the US economy, further reducing US interest rates within this year of opportunity, funds need to find a way out, physical property such as gold and will be first choice, I believe the Hong Kong property can attract global capital investment, the outlook will not be too pessimistic.

There are views that the local luxury real estate market or thus positive, Chairman of the Midland Group, Huang Chien-yeh said the British off the European foreign investment to flee the country, the pound dollar assets becomes attractive part of the funds or will thus switched to Hong Kong luxury, and further make the supply of rare , resilience and strong local super luxury further sought. More than billion in the first half of our super luxury hand trading volume has registered a record high against the market trend, look to more than billion handedly private buildings and secondary residential registrations for two consecutive years Pobai were level, a strong challenge this year, a new high.

Liao Weiqiang material mainland capital continued into

Ricacorp groundLiao Weiqiang, president of production, said Hong Kong as an open economic system, the UK off the message will inevitably bear the brunt of Europe, but the situation makes the possibility of anti-rate hike in the short term the United States greatly reduced, but on the real estate market is good news, it is expected the funds will continue to focus future flowing into the property market. Liao Weiqiang believe, from European events will inevitably affect the property market is short-term sentiment, but not excessive intense reaction, after dilution expected news, mainland capital will continue to flood into Hong Kong property market positive.

Britain's future role in Europe's economy, will be the focus for investors. Nicholas Holt, head of research at Knight Frank Asia Pacific, said that the British withdraw from the EU sterling fell for Asian owners may affect the property put on sale profits. For residential and commercial property markets, from Europe will bring short-term volatility and downward pressure on part of the property value, but because the supply of residential and commercial properties still short, so the long-term market interactive unchanged.

The pound sterling or the sale of local interest

But the bank also believes that the EU has brought the market off opportunities for buyers, the pound fell as investors increased relative purchasing power, will attract in the past few months on the sidelines investors hold a referendum in the UK market, especially for residential and London commercial Mainland and Hong Kong investors interested in property.

Jones Lang LaSalle Chris Ireland British CEO believes that even in trade and legislation, the United Kingdom in 2018 of the operation will be "as usual", but still inevitably affect the voting results the local property market. He noted that the United Kingdom will be with the housing needs of the local economy and weakening the weak trend, but due to a shortage of housing supply, limited impact on the rent, but the volume will be reduced. Britain is estimated the next two years the price of capital will be reduced by up to 10%, and London property market adjustment will be the biggest reason is that housing demand and intense price competition from around the world.

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