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First-hand new flats snatch customers and typhoon is coming
Jul 17, 2023
First-hand new flats snatch customers and typhoon is coming Hong Kong
By   Centaline Property
  • City News
  • First-hand new flats
  • estate transactions
  • transacted estates
Abstract: Centaline's top 10 estates recorded only 4 transactions over the weekend, down 1 case week-on-week.

Centaline real estate ten housing estates this weekend recorded 4 transactions, compared with the last weekend, a decrease of 1, has been 11 consecutive weekends to record the number of units sold, zero transactions estate reduced to 6.

 

Centaline real estate residential department president Chen Yongjie said, this weekend, the two new disk open for sale, and pricing is very competitive, successfully snatched a large number of market purchasing power; coupled with the typhoon, the weather is unstable, buyers look at the property desire to greatly reduced, and the second-hand reduction is not enough to attract the new disk, resulting in the flow of customers to the first-hand new disk. There is no favorable or unfavorable news in the market for the time being, and it is expected that the second-hand market will be stable in the future.

 

Hong Kong Island, the Centaline Real Estate Taikoo Shing senior regional sales director Zhao Hongyun said, the branch this weekend to facilitate the Taikoo Shing

Kingswood Court high-rise F room, utility area of 685 square feet, building area of 779 square feet, three rooms and one toilet spacing, to the south, looking at the street view of the open Yang, ordinary decoration, is a heritage property, last month in the middle of the 12 million dollars to put up for sale, the latest 11 million dollars to change hands, the average utility foot price of 16,058 yuan. The original owner as early as 1977 to about 183,000 yuan a buy, has been used for self-occupation, this time the sale of the book a substantial profit of 10,817,000 yuan, the unit 46 years appreciation of 59 times.

 First-hand new flats snatch customers and typhoon is coming

Centaline Real Estate Hong Kong Island Southwest Chief Zoning Sales Manager Lu Jinghao said, South Horizons Peninsula this weekend recorded 19 blocks of high-rise F-room transactions, the unit has a usable area of 681 square feet, construction area of 794 square feet, three-room suite spacing, to enjoy the South East Garden Pool View, the latest 9.06 million yuan sold, equivalent to the price of 14,660 yuan of usable feet. It is reported that the original owner in April 2002 to 2.51 million dollars to buy the property, hold goods for 21 years, is the sale of goods book profit of 6.55 million dollars, the unit appreciated significantly by 2.6 times.

 

Kowloon District, Centaline West Kowloon Mei Foo MasterCard first branch deputy regional sales manager Lin Jiajie said, Mei Foo Sun Chuen this weekend only recorded 1 transaction, the unit for the 5 phase of Lan Xiu Road, No. 9, middle floor, Room C, utility area of 713 square feet, floor area of 956 square feet, three rooms apart, to the Lai Chi Kok Park swimming pool view, in March, put on sale asking price of 9.2 million yuan, is now reduced by 1 million yuan to 8.2 million yuan to change hands, the average practical foot price of 11501 yuan, the original owner of the property in April 2002 to 2.51 million yuan. Average utility foot price of $11,501.

 

Centaline real estate Whampoa second branch branch sales manager Yuen Hsien-shan said, Whampoa Garden this weekend recorded a transaction, the unit for the 2 phase of Block 3, mid-floor H room, utility area of 389 square feet, floor area of 469 square feet, is a two-bedroom southwest of the garden view of the household, the market price of 6.15 million yuan, the average utility foot price of 15,810 yuan. The original owner in April 2000 to buy the site at 2.16 million yuan, now turnover book profit of 3.99 million yuan to leave the market, unit appreciation of 1.8 times during the 23 years.

 

In the New Territories, the Centaline Property Tin Shui Wai Deputy Regional Sales Director Ng Yiu Chau said, Kingswood Villas this weekend did not record transactions, transactions static Bureau, the cumulative volume of transactions this month temporarily 8 cases, compared with the same period last month has improved. In fact, the housing estate customer source has been to just demand customers and grass-roots customers, relatively sensitive to the interest rate, the recent rise in interest rates, resulting in buyers to buy a relatively cautious attitude, need more time to consider the home purchase budget, so that the transaction slowed down.

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First-hand new flats snatch customers and typhoon is coming
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