Derek Chan Hoi-chiu

Derek Chan Hoi-chiu is a representative of one of Hong Kong's largest real estate agencies. He is newsworthy due to his commentary and insights on the Hong Kong property market. Recently, he provided analysis on the market's performance in the Year of the Snake, noting a rebound after three years of decline, attributing it to policy easing and stock market gains. He also commented on the expected continuation of this momentum into the Year of the Horse. While January saw a dip in overall property transactions, Chan anticipates a "mini-boom" around the Lunar New Year, driven by successful new-home launches. His views are significant because they reflect the perspective of a major player in the Hong Kong real estate industry and influence market sentiment.