2024-04-29 28Hse Editor
The customs clearance effect pushed up the property market, and buyers actively entered the market before the Spring Festival. Based on the data from the four major agencies, on the last weekend of the Year of the Tiger, the top ten second-hand index housing estates recorded 14 to 25 transactions respectively, and the number of transactions increased on a weekly basis. Chen Yongjie, vice chairman of Centaline Asia Pacific and president of the residential department, said yesterday that the Chinese New Year is less than a week away, and the bamboo shoots have been greatly reduced. Buyers are afraid that buying later will be expensive, and they are rushing into the market while the owners are still willing to open their doors. Large housing estates spread to the overall second-hand market.
Optimistic about the rapid release of purchasing power in the market outlook
He continued that there has been an increase in good news recently, including smooth customs clearance, significant relaxation of epidemic prevention measures, and slowdown in US interest rate hikes, which have promoted the rapid release of purchasing power accumulated for a long time. The bank recorded 25 transactions in the past weekend, a week-on-week increase of 79%, and only Whampoa Garden had zero transactions.
Bu Shaoming, Chief Executive Officer (Hong Kong and Macau) of Midland Housing Division, expects that under the effect of customs clearance, economic activities in Hong Kong will speed up and return to normal, which will help new property and second-hand transactions gradually return to the right track. It is expected that the market atmosphere will further heat up after the Spring Festival, and the property market will continue " "Dayangchun" has led to an increase in transaction prices, and property prices are expected to rise by 10% to 15% for the whole year. The bank recorded 25 transactions in the past weekend, recording double digits for 7 consecutive weekends.
Liao Weiqiang, president of Ricage, also said that before and after the Spring Festival, the transactions were relatively light due to citizens traveling abroad and holiday factors. However, since buyers and sellers are optimistic about the market outlook this year, it is estimated that the transaction volume during the Chinese New Year may not be too quiet. It is also expected that more transactions will occur after the fourth day of the Lunar New Year. emerge one after another. The bank's transactions increased by 20% to 19 in the past weekend. A total of 14 transactions were recorded in the top ten housing estates in Hong Kong in two days, up 8% week-on-week.
WSB Phase 3 will add 40 units without discount
In terms of new properties, developers are also actively planning to launch sales. Phase 3 of Wetland Seasons Bay in Tin Shui Wai, developed by SHKP, uploaded price list No. 5 and launched 40 additional units, including 26 characteristic units and 8 villa units. The price list does not provide any discounts. The average price per square foot is about 17,266 yuan, and the usable area ranges from 268 to 795 square feet. , with a salable area of 268 square feet and a roof of 149 square feet.
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