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Ten major housing estates in Centaline recorded about 221 groups of visitors this weekend
Sep 2, 2023
Ten major housing estates in Centaline recorded about 221 groups of visitors this weekend Hong Kong
By   Centaline Property
  • City News
  • Property Transactions
  • Property Data
  • Hong Kong Property
Abstract: Centaline Property's top ten estates recorded about 221 appointments for property viewing this weekend, a sharp drop of about 36.3% from about 347 appointments recorded last weekend.

Centaline Property Asia Pacific Vice Chairman and President of the Residential Division Chen Yongjie said, super typhoon Sura head-on attack on Hong Kong, typhoon signal No. 8 is now in effect, it is expected that there is a chance to issue a higher signal tonight, the public have cancelled the weekend to see the property activities, coupled with the lack of good news in the market at present, the atmosphere of the market into the doldrums, so that this weekend's bookings for visits to see the number of flats plummeted, the property market is quiet on top of the quiet.


On Hong Kong Island, the three major index housing estates recorded a drop in the number of weekend appointments for viewing properties. Centaline Property Kornhill Kornhill Street Branch Chief Divisional Sales Manager Kevin Yeung said, as the shoots are digested, Kornhill Garden transactions slowed down, August recorded six transactions, a drop of 25% compared with the previous month.


Second-hand market conditions are uncertain, the public desire to enter the market in general, coupled with the No. 8 typhoon balloon attacked Hong Kong, further affecting the atmosphere of looking at properties, housing estates weekend look at the number of recorded about 20 groups, according to the week fell by 2%, the price per foot of the practical asking price rose slightly to 14,300 yuan.


Centaline Real Estate Hong Kong Island Southwest Chief Zonal Sales Manager Lu Jinghao said, super typhoon hit Hong Kong, the weekend weather is unstable, the public reduce go out, South Horizons weekend look at the volume plummeted 66.7%, recorded about 10 groups of appointments, every foot of the utility asking price of $ 17,909, a slight drop of 0.2%, the expected weekend trading ice.


Kowloon District, Centaline West Kowloon Mobil MasterCard third branch branch sales manager Feng Jianping said, super typhoon hit Hong Kong, greatly affecting the buyers to see the desire to see the property, Mei Foo Sun Chuen this weekend to see the volume fell to 30 groups of appointments, a weekly drop of 33.3%, the price per foot of the practical asking price is hovering at the level of $ 12,000, it is expected that the weekend trading stagnation.

Ten major housing estates in Centaline recorded about 221 groups of visitors this weekend

Centaline Property Tseung Kwan O Metro Station Branch Senior Divisional Sales Director Ko Yong said that the new property price cuts under the war, the second-hand transactions have been under pressure, the atmosphere of looking at the flat, coupled with the typhoon this weekend, the public generally reduce the number of outings, so that the atmosphere of looking at the area further decline. Metro City this weekend to see the volume of property plummeted 50 per cent, only recorded 20 groups of appointments, the transaction is expected to be sporadic.


In the New Territories, the Centaline Property Shatin Chi Fu City One branch regional sales manager Hou Huiliang said, the market focus on the first-hand, distracting the attention of the second-hand, the first city of Shatin recorded 10 transactions in August, the volume of transactions in the doldrums, this weekend the estate recorded about 20 groups of visits to the property volume, a big drop of 42.9% compared with the previous week, the weekend by the impact of the typhoon, the weather is unstable, the majority of buyers shelved the viewing of the property activities, coupled with the market wait-and-see atmosphere thick, the majority of buyers are not eager to enter the market! Most of the buyers are not eager to enter the market, so the atmosphere of property viewing is low.


Centaline Property Tin Shui Wai Deputy Regional Sales Director Ng Yiu Chau said, interest rate hikes, the market is weak, the new disc price cuts to grab customers and other factors continue, Kingswood Villas transactions continue to be sluggish, recorded 16 transactions in August, a slight increase of 1 month-on-month, which is a historically low level, the average price of the utility footage of 8,993 yuan, a sharp drop of 7.6% month-on-month. Buyers are now quite cautious in entering the market and will only consider taking up a project if it is overpriced.


This weekend's super typhoon Sula hit Hong Kong head-on, the weather is bad, most buyers reschedule their visits to see the property, so the number of weekend appointments to see the plummeted. Kingswood Villas this weekend recorded 40 groups of viewing appointments, each foot of practical asking price of $ 10,500!

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Ten major housing estates in Centaline recorded about 221 groups of visitors this weekend
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