(reporter Huang Jia-Ming) In the situation that second-hand owner is reluctant to sell out, buyers need to constantly increase price to buy building and owner often earn much after selling. Ricacorp research department director Zhou Man-Jie said, each private resale case average earn up to 59.1% in September which rise at 3% by month and it make new highest record consecutive in two months.
According to data of Integrated Land Registry, there are 3,678 second hand private house profit deals recorded in Hong Kong. Take ratio up to 99.3% to known private house deals and the numerical value keep up with data in August which is 99.3% .
Property continue in hot selling and Hong Kong record 246 second hand deals at and above HKD 10 million in the period. 244 of them are profit earn deals taking ration of 99.2% and sharp rise 2.9% comparing to 96.3% in August. As for medium value properties which's value between HKD3 million to HKD5 million, the profit deals ration high up to 99.6%.
20% individual cases earn more than 1 time
In addition, profit for owner's property selling continue rise. Ration of deals which profit earn more than 1 time and above to the whole second hand private house deals is signally rise from 18.2% in August to 20% by 1.9% monthly.
Zhou Man-jie predict, profit ratio earned in private owner property selling hopefully appear up to 100% firstly in October and average profit ratio of each individual resale case may possible up to 60% which continue refresh the record.
Chuang's On The Park sold 3 rooms unit at HKD10.8 million which is new highest peak
Actually, HK Island district and New Territories district continue make new highest deals. Chen Jia-hong who from Centaline' s luxury house STATELYHOME said, room A in high floor of Chuang's On The Park with unit cover area 844 sq ft, in 3 suite rooms layout and sold HKD10.8 million with packing place included. The sq ft price is HKD12,796 and it make the new highest record in same type units of the project.
The new owner is house changing buyer in same district and they buy immediately after flat visit for own use seeing the above unit is quiet in flourishing city. The original owner was bought the unit at HKD6.35 million in 1998 and earn HKD4.45 million for this resale with 70% appreciation.
Yue Fai Court SSD unit earn million
Centaline Holdings Zhou Shi-kang said, since government published they will carry out the new Home ownership scheme measures, HK Island Home ownership scheme market is after by buyers' pursuit. Room 4 in middle floor, building D of Yue Fai Court in Aberdeen with cover area of 502 sq ft in 2 rooms layout resold at HKD3.6 million which is the white form price. The sq ft price is HKD7,171 making new highest cost price in same type of units. The original owner bought at HKD2 million after the SSD effect and the book profit for resale is HKD1.6 million. It is estimated that the profit above HKD 1 million after deduction of the tax and other fees.
King Tin Court sq ft price nearly up to HKD6,000
As for the New Territories, Centaline's Huang Yi-cai said, King Tin Court, Home ownership scheme project in Tai Wai, latest record that room 06 in high floor, building E sold. The cover area is 565 sq ft and resale at free market price HKD3.28 million at average sq ft cost price HKD5,805 making new highest record in same type units. It is learned that, the buyer bought for own use seeing the unit is rare property on sale and include neat and tidy decoration.
