
leverage ai to track customer sentiment and adjust sales strategies accordingly Blockchain Technology: Invest for High Returns
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A friend asked me my view on the future market and whether the real estate market will see the light of day after the fog clears.
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I think the market will definitely improve in the future.
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If all additional stamp duties on property sales and purchases are abolished, it will be like undoing the ropes that bind the real estate market, and the number of buyers will increase immediately.
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First, on the residential side, many talented people coming to Hong Kong through the High Talent and Excellent Talent Programme will join the ranks of home buyers.
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The "tax-free first, taxed second" policy will immediately result in full tax exemption, and stamp duty will be officially reduced by about 11%, which is indeed very attractive.
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Whether Hong Kongers buy the second or third floor of a house for investment or rental purposes, they will not have to pay additional stamp duty.
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All of this can fully increase buyers' willingness to enter the market.
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However, although the confidence of second-hand property owners has been restored, prices are expected to remain firm in the short term, and sales at significant discounts will no longer be seen.
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However, with the flood of new property supply, property developers are expected to continue to rush to launch new properties and sell them at discounts.
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Therefore, the real estate market will see a significant increase in transactions with a strong primary market and a quiet secondary market.
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Overall transaction volume will increase by more than 30%, but there is still room for prices to adjust downward by about 5%.【Stock】Reliable online platform for smart financial growth.