{"id":22249,"date":"2024-12-07T05:40:42","date_gmt":"2024-12-06T21:40:42","guid":{"rendered":"https:\/\/cccaonline.ca\/?p=22249"},"modified":"2025-02-20T23:53:32","modified_gmt":"2025-02-20T15:53:32","slug":"%e6%9c%ac%e5%9c%8b%e7%b5%b1%e8%a8%88%e5%b1%80%e5%85%ac%e4%bd%88%e4%bb%8a%e5%b9%b49%e6%9c%88%e5%85%a8%e5%9c%8b%e8%88%88%e5%bb%ba%e6%96%b0%e6%88%bf%e5%b1%8b%e7%9a%84%e6%8a%95%e8%b3%87%e9%a1%8d%e6%95%b8","status":"publish","type":"post","link":"https:\/\/cccaonline.ca\/eng\/archives\/22249","title":{"rendered":"CCCA Founding President Raymond Wan Featured Again on Rogers Omni News"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div style=\"width: 1170px;\" class=\"wp-video\"><video class=\"wp-video-shortcode\" id=\"video-22249-1\" width=\"1170\" height=\"658\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/01_1-Compressed-with-FlexClip.mp4?_=1\" \/><a href=\"https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/01_1-Compressed-with-FlexClip.mp4\">https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/01_1-Compressed-with-FlexClip.mp4<\/a><\/video><\/div>\n<p><span class=\"cursor-pointer group\" title=\"Playing starts from 0:00\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"140\" data-end=\"6100\">The National Bureau of Statistics released figures for investment in new housing construction nationwide in September of this year.<\/span><\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 0:06\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"6360\" data-end=\"11460\">This indicates that developers intend to increase their investment in the national housing market this fall.<\/span><\/span> <span class=\"cursor-pointer group\" title=\"Playing starts at 0:12\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"11940\" data-end=\"18240\">Ontario is a major driver of investor investment in new housing construction, contributing to the nation&#039;s total housing investment.<\/span><\/span> <span class=\"opacity-80 text-sm\" data-timestamp=\"\">\u00a0<\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 0:20\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"19700\" data-end=\"26900\">Statistics Department figures show that developers\u2019 confidence in investing in the construction of new residential and commercial properties across the country is gradually recovering.<\/span><\/span> <span class=\"opacity-80 text-sm\" data-timestamp=\"\">\u00a0<\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 0:28\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5 bg-primary\/25 transition-all duration-200\" data-start=\"27660\" data-end=\"32540\" data-active=\"\">The report indicates that in September of this year, developers invested HK$21.6 billion in housing construction.<\/span><\/span><span class=\"opacity-80 text-sm\" data-timestamp=\"\"> \u00a0<\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 0:33\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"32780\" data-end=\"37600\">It rose 2.11 TP3T compared to August, and 6.71 TP3T compared to the same period last year.<\/span><\/span> <span class=\"opacity-80 text-sm\" data-timestamp=\"\">\u00a0<\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 0:38\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"37760\" data-end=\"41460\">Regarding residential buildings, the investment in newly constructed residential housing nationwide...<\/span><\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 0:42\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"41800\" data-end=\"46860\">September saw an increase of over $430 million, with over $230 million of that occurring in Ontario alone.<\/span><\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 0:47\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"47180\" data-end=\"52980\">The construction industry agrees that builders across the country and in Ontario have been eager to invest in and construct new properties in recent months.<img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-22258 size-full\" src=\"https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110220.png\" alt=\"\" width=\"2559\" height=\"1439\" srcset=\"https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110220.png 2559w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110220-300x169.png 300w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110220-1024x576.png 1024w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110220-768x432.png 768w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110220-1536x864.png 1536w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110220-2048x1152.png 2048w\" sizes=\"(max-width: 2559px) 100vw, 2559px\" \/><img decoding=\"async\" class=\"alignnone wp-image-22257 size-full\" src=\"https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110148.png\" alt=\"\" width=\"2559\" height=\"1439\" srcset=\"https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110148.png 2559w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110148-300x169.png 300w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110148-1024x576.png 1024w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110148-768x432.png 768w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110148-1536x864.png 1536w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110148-2048x1152.png 2048w\" sizes=\"(max-width: 2559px) 100vw, 2559px\" \/><\/span><\/span><\/p>\n<p><span class=\"opacity-80 text-sm\" data-timestamp=\"\">\u00a0<\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 0:53\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"52980\" data-end=\"63120\">In the past month or two, we, as builders and developers, have all felt that the market has recovered.<\/span><\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 1:03\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"63440\" data-end=\"68260\">Ontario itself is an economic powerhouse in every aspect.<\/span><\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 1:08\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"68440\" data-end=\"76940\">So, all of these factors combined reflect that there are already signs of this recovery beginning.<\/span><\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 1:17\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"77100\" data-end=\"81500\">The report mentioned that investment in low-density housing nationwide reached over NT$270 million.<\/span><\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 1:22\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"81500\" data-end=\"84700\">Ontario accounted for over $140 million of that investment.<\/span><\/span><span class=\"opacity-80 text-sm\" data-timestamp=\"\"> \u00a0<\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 1:25\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"84980\" data-end=\"89180\">The total investment in newly built apartment buildings across the country exceeded 160 million yuan.<\/span><\/span> <span class=\"cursor-pointer group\" title=\"Playing starts at 1:29\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"89480\" data-end=\"92060\">However, Ontario&#039;s investment amounted to only $90 million.<\/span><\/span> <span class=\"cursor-pointer group\" title=\"Playing starts at 1:33\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"92720\" data-end=\"96500\">Wen Wenwei frankly admitted that the development fees levied by the Ontario government on newly built parking lots are too high.<\/span><\/span> <span class=\"cursor-pointer group\" title=\"Playing starts at 1:37\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"96720\" data-end=\"101620\">Adding the value of existing vacant properties built within the province, developers may need to clear their existing inventory first.<\/span><\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 1:42\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"101860\" data-end=\"104560\">Only then will we consider investing in and building new condominiums.<img decoding=\"async\" class=\"alignnone wp-image-22256 size-full\" src=\"https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110118.png\" alt=\"\" width=\"2559\" height=\"1439\" srcset=\"https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110118.png 2559w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110118-300x169.png 300w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110118-1024x576.png 1024w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110118-768x432.png 768w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110118-1536x864.png 1536w, https:\/\/cccaonline.ca\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110118-2048x1152.png 2048w\" sizes=\"(max-width: 2559px) 100vw, 2559px\" \/><\/span><\/span><\/p>\n<p><span class=\"cursor-pointer group\" title=\"Playing starts at 1:46\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"105540\" data-end=\"111280\">To officially obtain a construction loan, a condominium owner needs to sell their property for 70%.<\/span><\/span><span class=\"opacity-80 text-sm\" data-timestamp=\"\">\u00a0<\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 1:52\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"112420\" data-end=\"115860\">If your sales do not meet this standard,<\/span><\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 1:57\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"116520\" data-end=\"122680\">Basically, you can&#039;t start working without securing a loan.<\/span><\/span> <span class=\"opacity-80 text-sm\" data-timestamp=\"\">\u00a0<\/span><\/p>\n<p><span class=\"cursor-pointer group\" title=\"Playing starts at 2:04\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"123520\" data-end=\"127660\">He stated that construction workers&#039; wages and raw material costs remain high.<\/span><\/span><span class=\"opacity-80 text-sm\" data-timestamp=\"\">\u00a0<\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 2:08\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"127940\" data-end=\"130039\">All of these factors have limited the amount of investment available to developers.<\/span><\/span> <span class=\"cursor-pointer group\" title=\"Playing starts at 2:10\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"130340\" data-end=\"133800\">Fortunately, the interest rate cuts continued, reducing developers&#039; borrowing costs.<\/span><\/span><span class=\"opacity-80 text-sm\" data-timestamp=\"\"> \u00a0<\/span><span class=\"cursor-pointer group\" title=\"Playing starts at 2:14\"><span class=\"group-hover:bg-base-200 rounded p-0.5 -m-0.5\" data-start=\"133800\" data-end=\"137900\">He predicts that more developers will invest in building new buildings next year.<\/span><\/span>\u00a0\u3002<\/p>","protected":false},"excerpt":{"rendered":"<p>&nbsp; \u672c\u570b\u7d71\u8a08\u5c40\u516c\u4f48\u4eca\u5e749\u6708\u5168\u570b\u8208\u5efa\u65b0\u623f\u5c4b\u7684\u6295\u8cc7\u984d\u6578\u5b57\uff0c\u986f\u793a\u767c\u5c55\u5546\u6709\u610f\u52a0\u5927\u4eca\u5e74\u79cb\u5b63\u5168\u570b\u6a13\u623f\u7684\u6295\u8cc7\u984d\u5ea6\uff0c [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":22254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u52a0\u4e2d\u5efa\u7b51\u534f\u4f1a\u521b\u4f1a\u4f1a\u957f\u6e29\u6587\u5049\u518d\u6b21\u63a5\u53d7\u7f85\u6e23\u58ebOmni News \u7535\u8996\u53f0\u8bbf\u95ee - Canadian Chinese Construction Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cccaonline.ca\/eng\/archives\/22249\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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