( By Su Hongqiang)
Hot transaction of small-medium cost property drove up Hong Kong property price to latest peak, and the latest Centa-City Leading Index (CCL) which reflects property price trend is 123.36, up to the highest in 68 weeks and just less 0.3 than historical peak of 123.66. CCL (small-medium property) among is 122.12, up 0.19% by week, which had broke the historical highest record for two weeks; While CCL (large property) is 126.93, down 1.03% by week.
Property price of small-medium house rises to the highest level again.
Huang Liangsheng, the Senior Associate Director of Centaline Property Research Department, pointed, the property price of small-medium house had rose by 4.82% for six weeks, and it reflects on the hot sales of Home Ownership project Tin Lee Court in Tai O on 24th June, which benefits the property price trend, since housing demand from users is huge, so property suitable to first housing customers and house changing buyers will be continue popular. Reviewing the property price of large unit, it has small rising range and had been rose in recent four weeks, with both high level price and low level price above than any of before. At the same time, CCL Mass is 123.87, which had been the latest peak for two weeks, up 0.13% by week, and it reflects property price rising starts from large property.
This company pointed, Legislative Council approved DSD protocol term on 15th July, plus with Hong Kong Monetary Authority had injected funds at total HKD 43.703 billion to market by 14 times since 1st July, which benefits the property market, and these two factors will be reflected by the CCL that will be announced on first ten days of August.
Property visiting appointments declined 2% to 6%.
Another side, the property visiting appointments on today and tomorrow both down by week, synthesizing data from each large agencies. The property visiting appointments to ten large projects from Centaline fell 6.5% to 695 groups on this weekend after rising for three weeks. Midland registered 1,108 groups of property visiting appointment for their 15 indexing projects, down 2.2%; Ricacorp Properties' 50 indexing projects had 1,920 groups of property visiting appointment, declined 2% and has fell for three weeks.
