Hong Kong's Wen Wei Po (Reporter Ngan Lun Lok)'Policy address' which has just released haven't added spicy tricks for the property market,the market still have strong demand on the units which involved in small amount of prices,creating a surge in tradings in the New Territories,which hit a new high record continuously. Midland Realty Top Ten housing estates recorded 20 transactions,surged 53.8% by week, accounting for 13 in the New Territories,rose more than 1 times by week, including Kingswood Villas in Tin Shui Wai recorded seven transactions,increased 75% by week. Each housing estate have hit a new high record continuously,most notable for a unit with rooftop of City One Shatin transacted with the price of HKD $9.0 million and hit the highest record of the housing estate.As for a 2-bedrooms unit of Discovery Park, Tsuen Wan also transacted with the price of HKD $5.3 million which hit a new high record with the similar transaction records.
Midland Realty Chief Executive Officer of Residential Department Pu Siu Ming said that the policy address to help the public to buy property,not immediately increase the housing supply, but there is no 'add spicy tricks' action, since the excitation potential of the huge market demand for a long time, buyers expect easy or difficult in the short term the property market fell, the market actively asking about the price, and therefore the owners asking price though rising,but still haven't blocked the buyers to buy property,new high records repeatedly,found that the amount of second-hand price rose situation,it is expected that the market price volume to have further breakthroughs.
Government haven't 'add spicy',the units in New Territories rose in a sudden
According to the Midland Realty's top ten estates statistics, in the past two days in the New Territories to become the lead to drive increased turnovers included three indicators housing estates include Tsuen Wan Centre, Shatin City One and KINGSWOOD with total turnover was recorded about 13, abrose about 116.7% when compared to 6 cases which recorded at the end of last week.The remaining three indicators housing estates on Hong Kong Island, Kowloon and four indicators estates, were only two and five transactions in the past two days,far less than the performance of the New Territories.
Blue-chip courts City One Shatin in New Territories, following a few days ago there are units with 395 ft transacted with the price of HKD $13,593 per sq ft which hit a new high record of the similar units,the news pointed out that a unit which located in Flat C,Top Floor,Tower 4,with rooftop,with the salable area of 853 sq.ft.,transacted with the price of HKD $9.0 million with lease,which recorded the first transaction of City One Shatin rose to the level of HKD $9 million,causing the market uproar, the price of about HKD $10,551 per sq.ft.Original owners in November 2007 to HKD $4.6 million o purchase units, hold stocks for seven years to earn HKD $4.4 million,earned 96 percent increase.
Centaline President of the Asia-Pacific region Residential Cha Wing Kit also said that in the past two days,the first-hand and second-hand trading are extremely buoyant, mainly because of the policy report focuses on long-term supply policy, not bad news, many home-use buyers decide to speed up on buying property, buyers chase the prices and push up the transaction volume situations, especially small and medium sized units in the New Territories of the most significant increase in the units with the turnover of HKD $5 million,it is expected that the second-hand property tradings will rose to 5,000 cases this month.
Centaline received HKD $1.0 billion commission within a half of month
It is understood that Cenatline top 10 large housing estates, New Territories transactions recorded the best performance,9 deals are all from Kingswood Villas. Chan Wing Kit said the market benefited from active trading, on the 14th of this month to the bank Residential commission income reached HKD $1.0 billion,whn compared to HKD $6.0 ten million which recorded in the same period the previous month increased by 66.6 percent.
Except for City One Shatin,Centaline Fung Yik Yuen said that said a unit located in FLat C,Middle Floor,Tower F,Shatin Centre,transacted with the price of HKD 4.47 million and changed hands,with the salable area of 347 square feet, equivalent to utility price per square foot of HKD $13,545,hit a new high record of the same type of units of the court in recent months, high. In addition,Midland Realty Leung Chung Hung said that a unit located in Flat C,Upper Floor,Tower 1 of Discovery Park, Tsuen Wan,with the utility area of 474 square feet,transacted with the price of HKD $5.3 million,is a kind of new high record of 2-bedrooms unit of the court,with the utility price per square foot of HKD $11,181.
The property price of the area in Tuen Mun along the edge of Ferry Pier has gone up recently. Manywells Ku Man Ban said a unit located in Flat F,Lower Floor,Tower 2 of Miami Beach Towers with turnover of HKD $4.28 million,with the salable area of 442 square feet, price per square foot of HKD $9,683,hit a new high record of the same type of units,the price per square foot approaching the prices of the housing estate near Tuen Mun Station.
