The first four days in December, the first-hand market temporarily recorded about 27 transactions, more than 8 transactions cast from the Kowloon area.

The uncompleted period of about 27 months of Long Yu, is the first new sales of new homes in December, the first round of selection yesterday, a total of 128 units, the discounted average price of $ 17,688 per square foot, open-plan units discounted from about 4.14 million.

According to the first-hand transaction record book, the first round sold a total of 10 units, the transaction price 4,612,900 to 9,053,600 yuan.

The "Financial Secretary PLAN" effect continues, 9 buyers chose the construction period payment method, the proportion is as high as 90%, only one group chose the immediate payment.

Among the units sold this time, the lowest price was for Room B on the 17th floor of Block 1, with a saleable area of 261 square feet and open partitions, and buyers paid by building term, the transaction price was 4,612,900 yuan, at $17,674 per square foot.

The highest price was for Room A on the 16th floor of Block 1, with a saleable area of 474 square feet and a 2-room partition, which was sold for $9,053,600 at $19,100 per square foot during the construction period.

Centaline Property residential department president Chan Wing-kit said, Long Yu is the first new sales in December, in the rigid demand and the market conditions of the transaction is quiet, first-hand sales are slow and hot, but the urban site is always better transportation support, and Long Yu units diversified from open-plan to three-bedroom supply, the price from more than 4 million, I believe that when the market conditions will be clearer to take up the power will be better.

Only 200 first-hand cases in November, a new eight-month low.

Chan Wing-kit pointed out that in November a number of unfavorable news, such as the United States to raise interest rates, the mainland epidemic instability, stock market volatility, etc., all make the property market downward speed up.

The market is expected to reduce the rate of interest rate hike in December, the mainland epidemic gradually under control, the recent second-hand viewing and transaction volume has seen a rebound, if the good news continues to crop up, hope that the second-hand property prices can bottom out in December.