Hong Kong's Wen Wei Po News (reporter Ngan Lun Lok) U.S. rhetoric a delisting, Financial Secretary John Tsang warning Hong Kong stocks will be affected the property market in Hong Kong or hike earlier than the United States, affecting mortgage burden, more cautious attitude of prospective buyers into the market, second-hand housing Court Appointment property surveys that are affected. AP Statistics estates in Hong Kong 15 indicators used in this weekend appointments property surveys recorded 1,643 groups, late last week fell about 2.4 percent over the same period for the first time after moving up 11 weekend decreases were recorded. Individual owners mentality weak Harvest Garden, Tuen Mun, Fanling Regentville, Tin Hau Kiu Hing Mansion discounted Paohuo cases have appeared, having obscure.
AP Residential Group Executive Director and Group Chief Executive Officer of Chan Kwan Hing said that the United States withdraw from the market by the recent news, the market added to concerns. The bank statistics weekend property surveys, fell across the territory, of which the most obvious decline in the New Territories, four indicators recorded a 418 group bookings estate property surveys by week down 4.6%. Kingswood which recorded approximately 200 groups, by week plunged 9.1%. Although Shatin property surveys remain, but trading has slowed down, mainly due to the sidelines into the market slowed down the pace.
Centraline property surveys fell 3.2% in the weekend
The other hand, the Central Plains Statistic Top estates property surveys also stop rally weekend, recorded only 915 group by week fell 3.2%. Centaline Mr Chan, president of Asia Pacific Residential, said the U.S. Federal Reserve later in the year will be reduced notice buy bonds, triggering a global stock market volatility; coupled with the Financial Secretary indicated that the interest rate will be based on market conditions, it may occur earlier than in the U.S. interest adjustment . Buyers into the market confidence in the immediate setback, market sentiment turned sidelines, affecting property viewing this weekend atmosphere.
By "delisting theory" effect, many owners Air pale outlook, the market immediately surfaced a number of discounted or low-price sales transactions, reflecting the weak part of the confidence of the owners, determined to sell goods as early as possible to cash.
Central Plains Lee Mei Fun said the owners Harvest Garden, Tuen Mun split price goods to go, involving units of a high-level C room, the original asking price of 3.68 million yuan the owners, that the United States have the opportunity to withdraw from the market, worried that prices fell, so anxious cut 28 million, or 7.6%, to $3.4 million HKD sell unit price of $5,934 HKD practical feet.
Hong Kong stocks fell lower the confidence of the owners
In addition,Kiu Hing building in TinHao also a low price of 10% of the turnover. Century 21 Real Estate Peng Tsz Wai expressed, A Block, Room 02, lower, price $5.5 million HKD,$10,377 HKD per ft salable area. Hong Kong stocks fell sharply because the original owners choose to sell their flats sale, but the book is still profit of about $4.49 million HKD. Centraline Wong KaWai said the global stock market volatility, buyers tend to wait and see,in order to accelerate the reduction mostly owners sell goods, Fanling Regentville first case just recorded this month, turnover, in the case of discounted cases. Transaction in units of 8 G Upper Floor, owner earlier asking price $4.1 million HKD,$180,000 HKD recently discounted to $3.92 million HKD turnover, practical ft $8,430 HKD, representing about 4% of market price. Original owners book profit of about $2.38 million HKD leave.
