Comprehensive market data, the first Saturday after the relaxation of mortgage (July 8-9), the four major agents in Hong Kong's top ten housing estates recorded 5 to 9 transactions, although rebounded week-on-week, but has been 10 consecutive weeks of transactions in the number of units. As for the primary market in the large new developments in the pipeline for sale, only about 13 transactions were recorded.
Centaline Property Asia Pacific Vice Chairman and President of the Residential Department, said that the sub-10 million dollar car plate did not directly benefit from the relaxation of the policy, interest rate factors continue to affect the desire to enter the market, and most of the recent new properties to low prices for sale, resulting in continued sluggish secondary transactions.
Midland Realty Residential Division CEO (Hong Kong and Macau) Bu Shao Ming said that the new property offensive is incessant, developers generally continue to "first seek the volume, then seek the price" strategy to attack, so that the secondary market under pressure.
On the other hand, the Federal Reserve last week indicated that this year will continue to raise interest rates, so that some owners intend to ship the bargaining space to expand, is expected to be launched with the Government to relax the mortgage percentage measures, the second-hand transactions are expected to rebound in the short term.
In fact, the secondary market continues to record a number of eclipses. Midland Property Wong Kam Han pointed out that the first city in Sha Tin, Block 40, middle C room, an area of 304 square feet, sold over the weekend to 4.83 million yuan, the price of $ 15,888 per square foot, the original owner of the host of nearly 4 years book eclipse 570,000 yuan or 10.6%. Centaline Real Estate Wang Qinxue revealed that Yuen Long Shang Yue 13 high-rise room B, with an area of 403 square feet, changed hands for $5.48 million at a price of $13,598 per square foot, and the original owner left the market with a loss of $70,000 in 3 years of ownership.
New Territories semi-new properties also see "haemorrhaging", Cheung Yick real estate regional director Huang Qingde said, Tuen Mun string sea high-rise K room, an area of 224 square feet open, to 3.4 million yuan transaction, foot price of $ 15,179, slightly lower than the market price. The original owner purchased the upper site in 2019 for $4,571,000 in one hand, and this time it changed hands at a loss of $1,171,000 or 34.4%.
The first-hand market recorded only about 13 transactions over the past weekend, a 94% drop from last weekend's 220 transactions, as large new developments are being put up for sale. Among them, Henderson Land's Kai Tak HENLEY PARK has accounted for 7 cases, including yesterday sold 1A Block 3, 31 and 32 floor G room, as well as the same Block 28 floor F room, all 384 square feet, the transaction price 7,771,600 to 8,265,600 yuan, the price of 19,978 yuan to 21,525 yuan.
Henderson Property Agency Sales (I) Department General Manager Lin Damian said that the first weekend after the relaxation of the property market hot strokes, the development has a large number of visits to the corner customers. As the project has been in the existing building, many buyers target last week's first round of the sale of the remaining one-bedroom with a checkroom floor plan, see the existing building immediately after seeing, this household unit two days sold 7 units, involving more than $ 56 million.
On the other hand, by Kerry Construction, Sino Land and Swire Properties, the development of the MTR Wong Chuk Hang station on the south shore of Hong Kong Island, the fourth phase of the sea Ying Shan Phase 4A, the first batch of 88 units to last night received a cumulative total of about 1,100 votes, oversubscribed more than 11 times, and a total of more than 8,000 people visited.
