22 November 2012

Link Reit, Hysan, HK Real Estate


click on chart for better view

the link reit may be peaking out soon, the three phase of rising trend is exhausting the buying power.

now look at hysan, it looks like there is a rising wedge forming which could lead to a drastic fall if it does not break away from the rising wedge soon ie shooting up past 37.

both companies are similar in nature only that link still has more room for growth and improvement to its 30 years old portfolio.

my hunch is it will happen in less than 6 months.

another indication that real estate might be reaching a peak is that
  • the new duties BSD and SSD will have a hard impact on residential transactions while channeling funds to commercial realty and car parks which recently has reached into stratosphere
  • BSD will take away the support for the market when it falls and SSD prevents marginal buyers purchasing apartments although prices might then become more reasonable but their jobs are now at risk
  • on QRW alone between Possession Street and Queen Street which is only might be a 100m long, there are more than 5 property agents on street level, also an indication that this will not be long before a set back is on the way or might be round the corner already.

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