Under the epidemic, take the opportunity to find second-hand bamboo shoots, reduce prices

28Hse Editor  2022-02-14  #Transaction

The fifth wave of the epidemic is still high, and many developers have stopped selling new properties. In the past weekend (February 12 and 13), the number of second-hand transactions in the top ten housing estates generally recorded a weekly rebound. According to the statistics of the four major agencies, 9 to 13 transactions were recorded respectively.

Top 10 housing estates' transactions rose by 30%

In the past weekend, Midland recorded a total of about 13 transactions in the top ten blue-chip housing estates, which also rose by 30% week-on-week, maintaining a double-digit level. As for the 15 largest housing estates, about 15 transactions were recorded, an increase of about 15.4% on a weekly basis. Bu Shaoming, CEO of Midland Realty's Residential Department (Hong Kong and Macau), said that the fifth wave of the epidemic will continue, and the short-term market sentiment will inevitably be affected, but there are still many prospective buyers who take the opportunity to find bamboo shoots in the "epidemic" market and reduce their prices. The success of housing projects is strong, especially in the New Territories. The transaction volume of some housing estates has risen instead of falling. It is expected that the "little spring of the property market" will be late this year. After the epidemic slows down, the purchasing power will be further released.

Centaline Property's top ten housing estates recorded 11 transactions in two days, up 83.3% week-on-week. Chen Yongjie, vice chairman of the Asia Pacific region and president of the residential department of Centaline Real Estate, said yesterday that due to the recent epidemic, developers have delayed the launch plan, and some purchasing power has returned to the second-hand market, and rigid demand still exists. Some owners are willing to expand the bargaining space, and the transaction units are mainly car-mounted units below 10 million yuan. As long as the price reduction is attractive, they will undertake it.

Sales of new properties have been temporarily suspended

Henderson Land, which was originally scheduled to conduct the third round of sales yesterday, and the Urban Renewal Authority jointly developed Yingzhu in Changsha Bay, suspended sales due to the epidemic. 19 guys. The new property market recorded only one transaction on Saturday. For Wheelock’s development of Tuen Mun NAPA, the house No. C23 was sold by tender. The unit has a usable area of 2,034 square feet, with a garden of 784 square feet and a roof of 585 square feet. The transaction price was 3,080 10,000 yuan, the price per square foot is about 15,142.6 yuan.

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