Kai Tak Green Transportation | Guo Ziwei predicts that property prices within the district are expected to steadily rise before and after the opening of the line

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The Chief Executive in Council today approved the Kai Tak Smart Green Collective Transport System rail project plan. A senior manager at CK Asset’s business unit, Kwok Tsz Wai (01113), believes this is a long-term positive for the Kai Tak property market, and that it will improve the local transportation network. With reference to the MTR effect, property prices in the area are expected to rise steadily before and after the line opens.

Kwok Tsz Wai said the project effectively addresses the “last-mile” commuting problem. Properties in the core area (Runway Zone, Sports Park, and Kai Tak Sports Park Station) have strong downside protection and more pronounced upside, with clear regional differentiation. In the short term, property prices may not surge immediately, but market confidence has improved, trading activity has increased, and price trends are becoming steadier.

He believes Kai Tak has key advantages such as a second CBD and the Victoria Harbour sea view. Coupled with economic recovery and falling interest rates, property prices are set to outperform the broader market, with full-year property prices expected to rise by 10%.

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