1st hand sales by 70% year-on-year, Taikoo Shing in a record low
Article from Yesterday was Good Friday, and is also a series of four-day long Easter holidays began, many citizens traveling outside, coupled with the government repeated moves to the market to hold a wait-and-see mood, Hong Kong's property market continued to soft. First-hand plate 41 flats sold yesterday, sold more than 20 flats increased by about 70% compared with the first day of the Easter holidays last year, the penny on the undercarriage most thriving, the expensive new disk to goods still sing Adagio. Used to continue the "Passion of Christ", trading nor pick up, Taikoo Shing only six transactions since March, a record low, miserable over SARS.
SHK yesterday batches sale Riva of first 50 flats, the city passed the first day only a gang of houses sold. Seoul Luan first batch of 50 flats of average construction PPSF $ 12,741, 38 flats layered units were sent to the value of 100 million parking spaces, along with other deals, including up to approximately 15% of the property prices, net of all promotions, the average construction PPSF 11,157 HKD, is still higher than the region of similar second-hand layered expensive by about 30%, The 12 bungalows average construction PPSF about 1.3 million units over 60% higher than the district of the same type, comes first in Yuen Long.
The Reach is still sold 21 flats Morrison Put 7 flats
As for yesterday The Reach, Yuen Long and Fanling Morrison used original price to push sales, they sold 21 flats and 7 flats, Lai Chi Kok One. West Kowloon also sold four flats. A flat of high-level hierarchical households held by a private fund Kowloon City Yiu Cheuk station yesterday sold about 30.8 million to Hong Kong customers, this unit has a construction area of 1,604 square feet, this flat has current House 13 flats layered and a duplex households.
Providence Bay recorded a transaction more than billion
Kau To Shan site record high turnover, the luxury buyer confidence in the market outlook, the letter and the development of Tai Po talent Gulf during the Easter holidays, to open the first phase and sea drilling. The talent the Gulf existing floor luxury demonstration unit, the number of visitors on the first day more than a thousand people, the developer has also arranged for Bugs Bunny handing out chocolate eggs. It is reported that the developer plans to offer Providence Bay up for sale within a short period.
The Sino Land Sales Department, Associate Director Tin Siuyuan that useful home to about 2,731 million acquisition of talent Gulf of one of two sea-view units, the construction area of 2,180 square feet, about 12,528 HKD building PPSF. Fellow of the Tai Po BALMORAL sell 3 E Middle, priced at approximately $ 1,655 million, with a gross floor area of approximately 2,085 square feet, building ft price of about 7,938 HKD. Market sources pointed out that the talent Gulf following the family spent last Monday Yuyi acquired a talent bay 3 of 3 flats Tianchi units a re-recorded over billion deal, the buyer is also a prominent local family.
The Midland New Territories Director Bo ShaoMing said that the long Easter holiday, many people traveled outside watching the market sentiment is very strong, coupled with the market still digest Government tactics, ordinary first-hand flat sales performance yesterday, the New Territories penny on the car plate still more on the car and passenger sought after.
Taikoo Shing has no transaction, 6 transactions in March
Second-hand trading also see quiet Centaline Zhao HongWan said, the Taikoo Shing yesterday no transaction since March, only six transactions, 22 transactions per month than the lowest level of the 2003 SARS is even lower, can be described as a record low, mainly due to successive moves of the government, the new disk discounted plus concessions over customers, plus Taikoo Shing put into intraday owners willing to 3-6% discounts to prospective buyers expect to have 10% of the low amplitude of the bargaining, so that second-hand trading stalemate, he believes, April handedly disk last launch, reluctant to second-hand owners Clearance under the Taikoo Shing trading volume will still be at the low.
Central Plains the definite property also pointed out, Kornhill Q Lower Floor Room 8, 616 square feet of salable area, the original owners asking price of 7.9 million HKD, see market conditions quiet, discounted to 760 million, after a counter-offer by the buyer sold for 7.47 million HKD, cumulative reduction of approximately 5.4%, practical ft price of about 12,337 HKD. Buyers for flat off flat inspection has been three weeks, see the owner is willing to significantly discounted party finalized. Original owners purchased 4.5 million units in March 1994, the resale book profit 2.97 million HKD, 66% appreciation of the unit. He said, Kornhill property viewing quiet atmosphere, buyers adopted a wait-and-see attitude, this month only temporary three transactions were recorded.
