2025-02-21 28Hse Editor
Federal Reserve Chair Jerome Powell has indicated that “the time has come” to adjust policies, with a significant chance of an interest rate cut in September. Local developers are also gearing up actively. Victor Lui Ting, Sun Hung Kai Properties’ deputy managing director, mentioned that the Federal Reserve has clearly signalled the start of a rate-cut cycle.
Lui believes that this latest news serves as a strong incentive for both homebuyers and investors to enter the market. The group plans to aggressively launch new projects, with three developments set to be released in the next two months. These include the second phase of North Point's Victoria Harbour, Yuen Long's Yoho Hub, and Kai Tak's Cullinan Sky Phase One.
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