In the past 97 years, nearly half of the first half of the year, the volume fell.
Hong Kong Wenhui News (Reporter Su Hongjun) First-hand property prices have risen steadily. The latest statistics show that the average selling price of first-hand private homes rose by RMB 14.7 million in the first half of the year, creating a new high in Hong Kong, which is nearly one and a half times higher than that in the second half of 1997. During the period, the turnover of new properties rose, and the volume of registrations in the first half of the year fell by 13% in the first half of the year, but the total registered value rose by 5%. The research institute expects that as the Hong Kong Government has successively offered vacant taxes and restricted sales arrangements, the pressure on developers to push up property increases in the second half of the year. The number of new property registrations is expected to increase by 10,000, 30% more than the first half.
According to the latest data from the Li Kwai Court Integrated Land Registry, a total of 7,590 first-hand private property transactions were recorded in the first half of this year, which was 13% lower than the 8,739 cases in the second half of last year. The three consecutive "half-year" reversals, hitting four semi-annual new lows. However, the total value of property registration during the period did not fall and rose, recording 1,12,238 million yuan, an increase of 5% from the 1,072.46 billion HKD in the second half of last year.
New property registration 4 semi-annual new lows
Chen Haichao, director of the research department of Lijiage Real Estate, mentioned that the average price of each first-hand private house in the first half of the year was about 14,478,600 yuan, a record high in the first half of the year. Since the reunification of Hong Kong in the past 21 years, the average price per article has increased by nearly 1.5 times from the average price of 5,676,700 HKD in the second half of 1997.
According to the performance analysis of the districts, the increase in the number of transactions in Hong Kong Island in the first half of the year was the most outstanding. It was the only one to record the increase. The main concession area was the sale of a number of new properties. The number of registered registrations was 1,246. More than 1.1 times higher; the total amount of registration involved during the period also increased by 30%, recording 27.426 billion yuan, converted to an average price of 2, $201.12 million, the increase over Kowloon and the New Territories.
Hong Kong Island's volume increased by an average of 22.01 million
The performance of the purchase and sale registration in Kowloon was more eclipsed. The main reason was that there were more Kai Tak large projects in the second half of last year, and the number of new properties in the first half of this year was relatively small, resulting in the first-hand private housing in the first half of the year. A total of 1,523 registrations were recorded, a 36% decrease from 2,397 in the second half of last year. The total amount involved was 28.162 billion yuan, down 10% in half a year. As for the first half of this year, the average selling price of each private home in Kowloon was $18,491,100, which was nearly 42% higher than the $1,303,380 in the second half of last year.
As for the New Territories, it continues to be the largest number of private homes registered in the first half of the year, accounting for 63.5% of the total registration volume in the first half of the year. The main reason is that large new buildings with a large number of people are concentrated in the district, resulting in 4,821 transactions registered in the past six months. Fell 16%. As for the total registered amount of 56.649 billion yuan, it increased by 3% in half a year; the average price per item also exceeded 10 million, and recorded a record of 11.75 million yuan.
New policy is expected to stimulate trading in the second half
Chen Haichao pointed out that in the first half of the year, the sales of new real estates were slow, and many large-scale new real estate projects still had no attack. Looking forward to the second half of the year, as the Hong Kong Government has just made a move on the eve of the anniversary of the reunification, including increasing the vacant property rates and constraining the sales arrangements, the limit of each sale unit should not be less than 20% of the units covered by the pre-sale consent. It is expected to drive developers to accelerate the pace of sales of new properties. He expects that the number of first-hand residential transactions in the second half of the year will have an opportunity to challenge 10,000 levels, which is expected to increase by about 30% in half a year.