New World’s Adrian Cheng Sees Very Steady Growth of Property Prices in Hong Kong

The video discusses the impact of the trade war on the property market, particularly in Hong Kong, highlighting its resilience despite short-term volatility. It explores the role of millennials and weddings in driving demand, and the significance of developments like Victoria Dockside. The Greater Bay Area's potential for growth through infrastructure and services is examined, alongside China's cyclical property market and consumption trends. The video emphasizes the importance of understanding regional policies and demographic shifts in shaping market dynamics.

What is the expected growth rate for the Hong Kong property market this year?

• Mid single digits

• No growth

• Low single digits

• High double digits

What is a significant factor contributing to the steady growth of the property market in Hong Kong?

• Decline in wage growth

• Decrease in wedding bookings

• High demand among millennials

• Oversupply of properties

Which facility at Victoria Dockside is expected to open in August?

• K 11 Italia

• Rosewood Hotel

• K-11 Musea

• K 11 Artists

What is the Greater Bay Area's contribution to China's GDP?

• 50%

• 30%

• 70%

• 10%

What is a new trend in housing demand in China?

• Luxury villas

• Youth hostels and homes

• Suburban houses

• Rural cottages

What demographic is driving luxury spending in China?

• Baby boomers

• Generation Z

• Millennials

• Generation X

What type of services is being targeted towards the elderly in the Greater Bay Area?

• Rehabilitation and wellness

• High-end dining

• Luxury travel

• Adventure sports