2024-04-25 28Hse Editor
The new crown pneumonia epidemic in Hong Kong has eased, and the backlog of purchasing power has begun to be released. The top ten housing estates in the Central Plains recorded 25 transactions in the past weekend, a weekly increase of 4 or 19%, and recorded more than 20 transactions for three consecutive weeks, hitting a new high in 11 months since May last year. As for Midland Realty's statistics, the top 10 blue-chip housing estates also recorded 26 transactions, a 45-week high, up 18.2% week-on-week, also maintaining the level of more than 20 transactions for three consecutive weeks. The agent pointed out that many prospective buyers who were hesitant earlier came up with attractive units. In addition, the unfavorable property market has gradually dissipated. It is believed that the property market will enter a "little spring" in the second quarter.
"Sino-US" stabilized over 20 cases
Among the 25 transactions in the top ten housing estates of Centaline Property over the weekend, the most were Mei Foo New Village with 7 transactions, Kingswood Villas and Shatin City One with 5 and 4 transactions. Chen Yongjie, vice chairman of the Asia Pacific region and president of the residential department of Centaline Real Estate, said that the number of confirmed cases in a single day continued to drop, and the market sentiment had improved significantly. A certain amount of purchasing power had been accumulated in the market earlier, but there were no new listings in the primary market. Purchasing power returned to second-hand, plus "Cai Ye Plan" led to transactions of RMB 8 million to RMB 12 million, and some buyers accelerated the pace of entering the market. It is expected that the real estate market will be quite lively this month.
Another agency, Midland Realty, recorded a total of 26 transactions in the top 10 blue-chip housing estates over the past weekend, an increase of 18.2% week-on-week, also maintaining the level of more than 20 transactions for the third consecutive week. Bu Shaoming, CEO of Midland Realty's Residential Department (Hong Kong and Macau), said that many prospective buyers who were hesitant to look for units in the market have also been dispatched to the market. In addition, the bamboo shoots have been digested one after another. It is trending to the situation of "price stability and volume increase". He also believes that the property market in the second quarter has entered a "little spring", and it is expected that major developers will "give up", which will benefit the second-hand market.
Only 16 of the first-hand goods were sold on the 2nd
Since there is no new and new stock on sale, there are only 16 transactions in one hand over the two days over the weekend. However, recently, developers have successively announced the deployment of new projects. Phase 1A of the first phase of the MTR Kam Sheung Road Station development project jointly developed by Sino, K. Wah and China Overseas will be announced today.
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