https:\/\/37k.ca\/ccca1\/wp-content\/uploads\/2024\/12\/01_1-Compressed-with-FlexClip.mp4<\/a><\/video><\/div>\nThe National Bureau of Statistics released figures for investment in new housing construction nationwide in September of this year.<\/span><\/span>This indicates that developers intend to increase their investment in the national housing market this fall.<\/span><\/span> Ontario is a major driver of investor investment in new housing construction, contributing to the nation's total housing investment.<\/span><\/span> \u00a0<\/span>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> \u00a0<\/span>The report indicates that in September of this year, developers invested HK$21.6 billion in housing construction.<\/span><\/span> \u00a0<\/span>It rose 2.11 TP3T compared to August, and 6.71 TP3T compared to the same period last year.<\/span><\/span> \u00a0<\/span>Regarding residential buildings, the investment in newly constructed residential housing nationwide...<\/span><\/span>September saw an increase of over $430 million, with over $230 million of that occurring in Ontario alone.<\/span><\/span>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.![\"\"](\"https:\/\/37k.ca\/ccca1\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110220.png\")
![\"\"](\"https:\/\/37k.ca\/ccca1\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110148.png\")
<\/span><\/span><\/p>\n\u00a0<\/span>In the past month or two, we, as builders and developers, have all felt that the market has recovered.<\/span><\/span>Ontario itself is an economic powerhouse in every aspect.<\/span><\/span>So, all of these factors combined reflect that there are already signs of this recovery beginning.<\/span><\/span>The report mentioned that investment in low-density housing nationwide reached over NT$270 million.<\/span><\/span>Ontario accounted for over $140 million of that investment.<\/span><\/span> \u00a0<\/span>The total investment in newly built apartment buildings across the country exceeded 160 million yuan.<\/span><\/span> However, Ontario's investment amounted to only $90 million.<\/span><\/span> Wen Wenwei frankly admitted that the development fees levied by the Ontario government on newly built parking lots are too high.<\/span><\/span> Adding the value of existing vacant properties built within the province, developers may need to clear their existing inventory first.<\/span><\/span>Only then will we consider investing in and building new condominiums.![\"\"](\"https:\/\/37k.ca\/ccca1\/wp-content\/uploads\/2024\/12\/\u5c4f\u5e55\u622a\u56fe-2024-12-07-110118.png\")
<\/span><\/span><\/p>\nTo officially obtain a construction loan, a condominium owner needs to sell their property for 70%.<\/span><\/span>\u00a0<\/span>If your sales do not meet this standard,<\/span><\/span>Basically, you can't start working without securing a loan.<\/span><\/span> \u00a0<\/span><\/p>\nHe stated that construction workers' wages and raw material costs remain high.<\/span><\/span>\u00a0<\/span>All of these factors have limited the amount of investment available to developers.<\/span><\/span> Fortunately, the interest rate cuts continued, reducing developers' borrowing costs.<\/span><\/span> \u00a0<\/span>He predicts that more developers will invest in building new buildings next year.<\/span><\/span>\u00a0\u3002<\/p>","protected":false},"excerpt":{"rendered":" \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 […]<\/p>\n","protected":false},"author":24,"featured_media":22254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/cccaonline.ca\/eng\/wp-json\/wp\/v2\/posts\/22249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cccaonline.ca\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cccaonline.ca\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cccaonline.ca\/eng\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/cccaonline.ca\/eng\/wp-json\/wp\/v2\/comments?post=22249"}],"version-history":[{"count":0,"href":"https:\/\/cccaonline.ca\/eng\/wp-json\/wp\/v2\/posts\/22249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cccaonline.ca\/eng\/wp-json\/wp\/v2\/media\/22254"}],"wp:attachment":[{"href":"https:\/\/cccaonline.ca\/eng\/wp-json\/wp\/v2\/media?parent=22249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cccaonline.ca\/eng\/wp-json\/wp\/v2\/categories?post=22249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cccaonline.ca\/eng\/wp-json\/wp\/v2\/tags?post=22249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}