Just need to support the property market to stabilize second-hand trading

2020-07-27( Mon )

Hong Kong Wen Wei Po (Reporter Yan Lunle) The third wave of the epidemic in Hong Kong continued to break out. The property market inspection volume dropped significantly, but the first-hand and second-hand transactions remained stable. One of the first-hand new properties sold well in the past weekend, and two new properties in Tuen Mun also took advantage of the trend to announce additional arrangements. On the second-hand side, Midland announced that there were 10 transactions in the top ten housing estates over the past weekend, with no rise or fall on a weekly basis, and it has maintained double-digit levels for 24 consecutive weekends. The industry believes that the continued release of purchasing power indicates that rigid demand still exists in the market. Buyers have not looked down on the market outlook, and their confidence in entering the market remains undiminished. It is expected that after the epidemic improves, second-hand trading will gradually rebound.

After the epidemic, sales are expected to rebound

Bu Shaoming, chief executive of the residential department of Midland Realty, said that the third wave of the epidemic has limited impact on the property market, and many developers continue to push for real estate. The sales response of the brand-new real estate launched in the past weekend was satisfactory, showing that the purchasing power continued to be released. The performance of the second-hand market is also stable. Although the transaction volume of the top ten housing estates has dropped significantly in the previous week, it has stabilized in the past two weekends and holidays, and the transaction volume has maintained a double-digit level. Some property owners have widened bargaining, so it is expected that property prices will be under pressure to adjust, but they will also attract users to the market.

The top ten housing estates of Centaline Properties recorded 8 transactions over the past weekend and two days, a decline of 20% on a weekly basis. Chen Yongjie, vice chairman and president of the residential department of Centaline Real Estate Asia Pacific, said that the third wave of the epidemic was serious, and many citizens stayed at home to avoid the epidemic. Some owners have also suspended the opening of their flats. Second-hand viewing activities have been greatly affected, and new properties have been snatched away. Part of the source of passengers on the bus has led to a decline in second-hand trading. However, rigid demand still exists in the market. Buyers have not shown the market outlook. It is expected that after the epidemic improves, second-hand trading will gradually pick up.

Ricacorp has recorded 12 transactions in the past weekend, with no rise or fall on a weekly basis, and double-digit transactions have been recorded for 7 consecutive weekends. President of Ricacorp Real EstateLiao Weiqiang pointed out that the epidemic has not gone back, and the second-hand market has not seen a major breakthrough, and the transaction volume has been hovering at low double-digit numbers for several consecutive weeks. However, there is still a certain amount of rigid housing demand entering the market, and it is believed that after the epidemic slows down, the trading volume will rebound significantly. The top ten housing estates of Hong Kong real estate recorded 7 transactions over the past weekend, which is 30% less than the week.

Emperor. Jinwan adds 62 units

On the other hand, under the epidemic, developers continue to push for real estate. Among them, the Empire Group cooperated with Hong Kong Ferry Co., Ltd. Qingshan Bay Emperor. In Golden Bay, the No. 2 price list was uploaded yesterday and 62 units were added, including 60 units of standard units and 2 units of characteristic units with gardens, ranging from 1 to 2 rooms, with a saleable area of 269 to 487 square feet, and the price list price increased from 4.211 million From RMB to 7.298 million, the maximum 6% discount is maintained. The discounted price ranges from approximately 3.958 million to approximately 6.86 million, and the discounted average price per square foot is approximately RMB 13,748.

Lin Damin, general manager of the business (1) department of Henderson Property Agency, said that he is actively considering the launch of the No. 3 price list within the day to meet market demand. Emperor. There are a total of 611 units in Golden Bay. The first price list for 123 units was launched earlier, with a discounted average price of RMB 13,578 per square foot. Among them, the lowest discounted price was RMB 2.91 million, which was the lowest admission fee for a new development in a year and a half. At present, the two price lists have launched a total of 185 units. According to the news, the project received a total of 2,630 tickets in two days (the intermediary accounted for about 100 votes). Based on the 185 units, the oversubscription was about 13 times.

SHKP Tuen Mun Royal Bay launched 108 units last Saturday, and 105 units were sold. The sales rate was over 97%. The sales response was satisfactory. The developer immediately launched 50 units on the same day, with a saleable area ranging from 297 to 514 square feet, with intervals ranging from 1 to 3 bedrooms, the discounted price ranged from RMB 5.931,700 to RMB 9,869,900, the discounted price per square foot was from RMB 15,372 to RMB 21,012, and the discounted average price per square foot was RMB 17,940.

In summary, only about 131 transactions were recorded in the first-hand market during the two days of the weekend, of which 105 units were sold at Royal Bay, accounting for about 81% of the weekend's transaction volume.