The property market frequently recorded loss cases, through the time of purchase analysis, the most trading transactions are held for 5 years to 9 years of private property, that is, purchased from 2013 to 2017, accounting for more than 30% of the number of transactions.
Holding units 10 years to 14 years, that is, from 2008 to 2012 to buy units, recorded 2,181 cases, accounting for 26% of the number of transactions. As for units held for 4 years or less, i.e. purchased from 2018 to 2022, 1,525 transactions were recorded, accounting for 18% of the total.
According to the data, the percentage of book profit, holdings of 10 years or more, that is, the original owner purchased from 1995 to 2012, more than 99% can record book profit.
However, if the original owner purchased in 2013 or later, i.e., holding the goods for less than 10 years, the proportion of book profit began to decline, and from 2013 to 2017, i.e., holding the goods for 5 to 9 years, the proportion of book profit fell from 94% to only 55% from 2018 to 2022 (holding the goods for 4 years or less). In other words, 45% of the units purchased from 2018 to 2022 will be resold in the secondary market at a loss.
In terms of book profit margin, the average book profit margin for the first-time owners who bought from 1995 to 2007 was more than 2 times, and the highest book profit margin was 288% for those who bought from 2003 to 2007.
The average book profit margin for purchases made in or after 2008 was significantly lower.
The average book profit margin for purchases made by the original owners between 2008 and 2012 was approximately 130%.
Purchases from 2013 to 2017 fell to 35%, and only 10% from 2018 to 2022.