Hong Kong's Wen Wei Po (Reporter Chun Man Yi) The European Central Bank lanuched out quantitative easing,market vision continued low interest rate environment, so that capital flow into the local property market, second-hand transactions continue to pick up.Comprehensive major broker message, just past Saturday Japan and Hong Kong's major trading estate rose 20 or more, about 10% rise from last week. Centaline Asia Pacific president Chan Wing Kit said by the impact of EU policies to promote economic development in Hong Kong, raised inflation. Investors are active again, but the new properties continuously in order to anti-inflation.
Centaline announced the top ten estates Central recorded 22 transactions,rose another 10% by week, increases were recorded for four consecutive weeks, zero turnover narrowed to two housing estates.
Chan Wing Kit said the new properties recorded hot sale continuously,Century Link in Tung Chung ring up for sale once again sold out on Saturday to show confidence in buyers into the market strengthened,units which involved in small amount of price become an ideal investment. Many disappointment buyers reflux to the second-hand property market, so 10 large housing estates turnover further increased on this Saturday and Sunday.
Midland Realty Chief Executive Officer of Residential Department Pu Siu Ming recognition buoyant primary market, the second-hand property market also see to the good. He was referring to the amount of the ECB launched quantitative easing measure,vision of the market continued low interest rate environment, together with the policy after the publication of the report, the property market trend is clearer, and the tendency of people eager to buy property under preservation incentives, buyers actively looking for opportunities to enter the market demand, so purchasing power for a long time to accumulate release.
In addition to individual buyers face the reality,chase price and purchasing a unit, the market is now repeated recorded a new highs turnover cases, driven by stronger mentality of owners, some courts appear anti-price even entertained, Pu Siu Ming expected that short-term market to remain high turnover are frequent cases .
According to the statistical branch of Midland REalty,was recorded last weekend's top ten estates Transaction about 21,rose 5% when compared with about 20 transactions recorded late last week,hit a record high of 14 weeks. Taikoo Shing, Hong Kong Island, South Horizons KORNHILL recorded a total turnover of about 4,rose 1 times when compared to the late last week.
It is expected that the buyers will buy the properties actively before Lunar New Year
Ricacorp Properties president Liu Wai Kung said the policy address did not exist any unfavorable factors of property market and long-term planning and a healthy housing policy,coupled with the private residence of supply and demand remains stable, the buyer is expected to have confidence in the market outlook, both before and after the Lunar New Year holiday will become more market actively.
Innovative high turnover recorded continuously now
Ricacorp Properties branch network integrated data,top ten housing estates weekend recorded 18 second-hand transactions in the past weekend,recorded about 6% increase when compared to late last week.
Hong Kong Property Services (Agency) Ltd. said this weekend's top ten estates whole transaction was recorded totaling about 20, trading volume hit a new high of 34 weeks.
Tradings recorded continuously,the second-hand real estate price per square foot sustained highs.Of which Tai Koo Shing Wah Shan Mansion,a uniut located in Flat H,Upper Floor have hit a new high record of 3-bedrooms unit,the unit owners to HKD $1.07 ten million changed hands, equivalent to the average price per square foot utility of HKD $15,530,from the previous similar units in 2013 transactd with the price of HKD $1.0 ten million,which recorded HKD $700,000 higher.The original owners in 2009 to HKD $5.3 million to buy the unit, hold stocks for six years, the book profit HKD $5.4 million,the appreciation of the unit more than doubled.
Centaline Ao Kwok Wei said a unit located in Room 2,Middl Floor,Tower A,Hilton Plaza,Sha Tin,with the salable area of 427 square feet, 2 bedrooms interval to HKD $5.5 million changed hands, equivalent to HKD $12,881 average price per square foot of practical, innovative high turnover. Original owners in November 1990 to HKD $900,000 to buy the unit, hold stocks more than 24 years, the book profit of HKD $4.6 million and the buyer was for home-use.
