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仲量聯行:放寬舊樓強拍門檻未必能增加短期個案

Jones Lang Lasalle: Relaxing the threshold for compulsory auctions of old buildings may not increase short-term individual cases.

AASTOCKS ·  Jul 18 18:52

Jones Lang LaSalle's senior director of valuation and consulting, Au Kin-keung, believes that after the government lowered the threshold for compulsory sales of old buildings, developers still need to comply with the 50-year age requirement, which is higher than that of other neighboring cities, in order to address the problem of building aging. However, the current property market is in a period of adjustment, and developers are more cautious about bidding for land. In addition, the high interest expenses, longer and more complicated development period for the acquisition of old buildings, coupled with the fact that the government has not provided preferential land-to-area ratio as other cities, may not necessarily increase the number of compulsory sale cases in the short term after relaxing the threshold.

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