The number of visits to the ten major housing estates in Centaline recorded 347 over the weekend, a week-on-week increase of 4.2%, rising for two consecutive weeks.

Centaline Property Asia Pacific Vice Chairman and President of the Residential Division Chen Yongjie said, driven by the new price reduction war, the market sentiment to look at the property, some of the corners of the customers began to return to the second-hand market, coupled with some second-hand owners softened their attitude and willingness to expand the bargaining room, so that many buyers to look at the property in order to find a bargain.

On Hong Kong Island, Zhao Hongyun, Senior Regional Sales Director of Taikoo Shing of Centaline Property, said that second-hand transactions are still quiet.

Taikoo Shing recorded eight transactions in August, an increase of one transaction over the same period last month, but still at a low level, with an average price of about $15,418 per square foot.

Taikoo Shing this weekend, the atmosphere is similar to last week, recorded 24 groups of appointment to visit the property, a week-on-week decrease of 1 group, the asking price per square foot of $ 17,300, a week-on-week slight decline of 1.7%.

Centaline Property Kornhill Kornhill Street Branch Chief Zonal Sales Manager Yeung Man Kit revealed that with the end of the public travelling back to Hong Kong, the market sentiment for property viewing picks up. In addition, some of the new development to the corner customers back to the second-hand market, coupled with the softening of the attitude of second-hand owners, willing to lower the asking price or expand the bargaining space, further increase the public desire to see the property.

Kornhill Garden this weekend recorded 25 groups of appointment viewing, up 25% week-on-week, while the asking price per square foot remained at $14,200.

Kowloon, Centaline Property Laguna City District Sales Manager Hung Kam Hing said, Kowloon urban new development war continues, the latest extended to Tseung Kwan O, coupled with the project will not be put on sale this week, so that the market focus continues to stop the flow of the first-hand new development market, the second-hand transactions are quiet.

Laguna City has recorded 5 transactions so far this month, with an average price of $12,843 per square foot. Laguna City

The number of viewings this weekend will remain at 40 appointments, and the asking price per square foot is also hovering at the same level of $12,800 per square foot, so it is expected that the transactions will slow down.

Centaline Property Tseung Kwan O Metro Station branch senior regional sales director Or Yong said, Metro City this month so far recorded six transactions, the average price per square foot fell to $ 14,451, a month-on-month drop of 2.5%. Small price shoots quickly digested by the market, housing estates per square foot of real asking price adjusted upward to 17,087 yuan, affecting the atmosphere of the viewing of the property, this weekend only recorded 40 groups of pre-appointments, no rise or fall week by week, and continue to move sideways at a low level.

In the New Territories, the Centaline Property Shatin Chi Fu City One branch regional sales manager Hou Huiliang said, this month, the new site price cuts strike, snatched a lot of second-hand customer source, City One Shatin so far this month, temporarily recorded about 9 transactions, similar to the same period last month, the end of the month part of the Corner customers began to flow back to the second-hand, the atmosphere of the transaction improved slightly, the end of the week, the housing estate recorded about 35 groups of home visits, compared with the previous week, no increase or decrease in rigid demand, the present Under the high rigid demand, buyers are mainly looking for a flat, and individual units with a larger rate of reduction can also be taken up.

Centaline Property Tin Shui Wai senior regional sales manager Man Ka Fai said, the current secondary market buyers will generally look at the property before making a decision for a longer period of time, only the split price of the property to be undertaken, Kingswood Villas continued to be low, this month recorded 12 transactions, many owners to expand the rate of reduction in order to sell. As asking prices and construction prices continue to fall, coupled with the end of the summer holidays, people are travelling back to Hong Kong, the number of customers looking for properties is gradually rising.

Kingswood Villas this weekend recorded 60 groups of viewing appointments, 10 groups or 20% more than last weekend, rising for two consecutive weeks, while the asking price per square foot further down to $9,860, a weekly drop of 1.4%.