The transactions upturn in second-hand market,turnover of private houses increased in weekend
Hong Kong's Wen Wei Po News (reporter Ngan Lun Lok) Although the transactions in property market are still in a low level
but the buyers who hold the first batch of 2,500 HOS 'white form'starts entering the property market gradually,so it caused an increase number of the district property viewing,driven the transactions of penny property rose.Buyers who hold 'White Form'of HOS have first recorded to enter the property market in Lam Tin yesterday.Central Plains real estate statistics,in the past two days of top ten housing transactions recorded 19, by week rose about 46%,of which admission to smaller price of Shatin CityOne recorded eight transactions, accounting for as high as 42.1%.
Central Plains real estate statistics,among of 19 transactions,transactions in Hong Kong Island and Kowloon recorded 5 each and the remaining nine are recorded in New Territories, Shatin CityOne become the most sought-after district,recorded eight transactions,accounting for 42.1%, reflecting deal in this week continued emphasis on the Penny property.It should be noted that,although the top ten housing turnover increased by week, but still at low levels,as many as there are three estates "zero turnover," Whampoa Garden,Hung Hom WongPo garden, Metro City, the Tung Chung Caribbean Coast.
19 transactions which recorded by Centraline in weekend rose 4 times.
Centaline Asia Pacific president,Chan Wing Kit said that the buyers who hold the first batch of 2,500 HOS free premium 'White Form'starts entering the property market gradually in June,so it surged the number of the district property viewing,and cause the transactions of second-hand market become active,also it stimulated a rise of the transactions of penny property in the region,it was believed that the focus will be get back on the 'good price property'in New Territories this month.
In fact,as many buyers who got balloted in 'White Form'of HOS have obtained the Certificate of Eligibility purchase (proof of purchase), due to the fact that the property prices are soaring,so individual buyers have entered the market in order to avoid buying it late,the market sources have recorded at least two transactions of theses cases on saturday,transactions come from Tin Shing Court,Tin Shui Wai and Ma On Shan HOS HOS Kam Fung Court.First transactions from buyer who hold the 'White Form' of HOS have been recorded in Lam Tin yesterday,located in HOS Yau Chui Court.
Property Branch Manager Cheng BoShan said,the turnover of HOS flats were located in Room 10,Block D, Yau Chui Court,a building area of about 530 feet and 407 feet of salable area,a proof of purchase has been made of the white form off to 2.8 million HKD purchase of units, equivalent practical foot price of about $ 6,880 HKD.Cheng BoShan said the buyers have the property viewing for a long time in the area,this units have been discounted to facilitate transactions only about $50,000 HKD,it become the first case of buyer who hold white form card to enter the HOS market.
Two-Rooms Falt of Lei King Wan have a new high-priced recorded $6.93 million HKD
In addition, the Central Plains real estate Chan KaiChiu said the market recorded a trading of Lei King Wan in Sai Wan Ho recently, involved in units of D Lower Floor,Hong Yat Court,the salable area of536 feet, cost $6.93 million HKD,equivalent ft salable area of about $12,929 HKD,price hit a new high of similar units.Buyer is outside the area with the family,felt the site have included the renovation,belongs to a high-quality unit,can be ready to live,so that's why they do not mind to pay the higher price of units purchased for personal use. Original owners paid $4.65 million HKD to buy this site in October 2010 , the unit appreciated by about 49%.
The Midland Realty statistics, ten estates also recorded 19 transactions in past two days ,an increase of approximately 11.8% by week.Midland Group Executive Director and Group Chief Executive Officer Chan Kwan Hing said the first batch of WF passenger have entered into the market,so the viewing of private property and HOS are becoming active significantly, many prospective buyers worried about a chain reaction of owners raise prices and thus accelerate the pace finalized; in the same time, because of the sale of new property haven't been returned to normal yet,many prospective buyers still bide one's time,and some of the buyers who have practical need then refer to the secondary market,driven by increased trading.
Ricacorp expected the property in New Territories will become the focus of the market.
Ricacorp Properties CEO Liu WaiKung said the statistics of Top Ten Housings have recorded 25 tradings in total,rose 32% by week.
Liu WaiKung pointed out that the future market will continue to be driven by the users,the majority of whom are 'first time buyers',
so the 'suitable property'and the lower price of the property centrally Territories naturally become sought after objectives, expected the performance of the property in New Territories will be thriving in the future,the focus of Hong Kong Island and Kowloon property will be snatched by it,prompting two zones trend to maintain the sidelines.
No transactions have recorded in three sales of new property on Sunday
Property in First-hand market appeared shortage,coupled with the purchasing power prefer to the secondary market,turnover of first-hand property continued to fall.According to first-hand residential property sales information network,as of 9:15 last night,no transactions have recorded in three sales of new property yesterday,together with only transactions have recorded in Fanling Morrison last Saturday,turnover of units was located in Flat A,Flor 10,Tower 3,the transaction price of about $5.105 million HKD.
