2024-05-07 28Hse Editor
The government predicts that it will relax social distancing measures for epidemic prevention next month, and the atmosphere of the property market is boosted. Based on the data of the four major agents, the top ten blue-chip housing estates recorded 20 to 22 transactions in the past weekend (26th and 27th), and the transaction has stabilized for two consecutive weeks. Bu Shaoming, CEO of Midland Residential Department (Hong Kong and Macau) believes that the number of new crown infections has decreased, the fifth wave of the epidemic has bottomed out, the market is gradually recovering, and the property market will return to the right track. Repeatedly, the transaction continued to increase, especially in the second quarter, new listings came out in a row, which will further drive buyers to enter the market and stimulate second-hand transactions.
According to the statistics of Midland Branch, the top ten blue-chip housing estates recorded a total of 22 transactions in the past weekend. Although they fell by 12% week-on-week, they still stabilized at or above 20 transactions for two consecutive weeks. Midland's top ten housing estates on weekends have recorded 20 or more transactions for two consecutive weeks, and the last time this performance has been recorded will be in the first two weeks of July 2021.
Top 10 housing estates see a 10% increase in the number of flats
The epidemic has eased, and citizens have been actively inspecting properties on weekends, which has led to an increase in transactions. Ma Taiyang, Chief Operating Officer of Hong Kong Real Estate and Director of Kowloon District, also said that many buyers took advantage of the low prices to buy bamboo shoots. About 10% of the housing estates in some areas rose by about 30%. The bank's top ten housing estates had a total of 20 transactions in two days, a 41-week high. Among them, West Kowloon Four Little Dragons and Shatin City One recorded 4 transactions respectively.
There are various signs that the property market is gradually recovering. Chen Yongjie, vice chairman of the Asia Pacific region and president of the residential department of Centaline Real Estate, revealed that the mid-price housing estates were the first to start last week. There is a transaction in the garden, which shows that the transaction is comprehensive.
With the reduction of the top ten housing estates, some purchasing power will flow to other low-water housing estates, and the overall market situation will become more lively. The bank recorded 21 transactions in two days. Although the number of transactions decreased by 2 weekly, it has recorded more than 20 transactions for two consecutive weekends, which is a high level of stability.
New listings record 12 transactions in two days
Liao Weiqiang, president of Lijia Court, believes that the good atmosphere of the property market will continue. As long as the epidemic continues to be controlled, it is believed that the property market will still move in an optimistic direction.
The top ten housing estates in Lijia Court recorded a total of 21 second-hand cases over the past weekend, an increase of 2 cases or 11% week-on-week, which is a new high of 44 weekends since the end of May last year.
In terms of new disks, the market also showed signs of recovery. According to comprehensive market news, about 12 first-hand transactions were recorded in the new market last weekend, which was similar to the performance of the previous week. Tsing Yi Huilan sold 3 units in a row, involving a capital of about 18.322 million yuan; Southwest Kowloon Victoria Harbour II sold 2 units in a row, with a total cash of about 27.7443 million yuan.
In addition, new properties such as Heine Manor in Tseung Kwan O also recorded sporadic transactions.
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