Huang Yuanhui: Real estate prices can not decline after the increase in land supply – News – Xincheng Finance Channel

Huang Yuanhui: Real estate prices can not decline after the increase in land supply

28/7/2018 23:11

The Working Group on Land supply held its third public forum in Yuen Long to listen to the public's views. Group chairman, Mr. Wong Wai-fai, said that the increase in the land supply can not lead to a decline in real estate prices, but that if the land does not fall is not added, the situation can only worsen.
With respect to the reclamation proposal, Mr. Wong stated that the rehabilitation project should be approved by the Planning Board, the Environmental Assessment Report and the Authority. national parks and marine parks. Compensation
Huang Yuanhui also pointed out that the Fanling golf course has some history and favors the value of golf.If the entire golf course is recovered, it should be considered to reset it.Because of the short-term option, only 32 acres of high clbad can be released. Land