Hong Kong's Wen Wei Po (Reporter So Hung Chung)Strong demand of housing from the public,so that even though the units with 300 sq.ft involved in small amount of price,people still interested in buying them.The major developers in view of hot sale market,haven't slowed down the pace of launching the properties for sale,there are at least six large-scale residential projects which involved in a thousand units respectively will put up for sale within this year,which have attracted the market focus(see draft).Of which,Century-Link which involved in a thousand units in Tung Chung have launched out the second-batch of units for sale and recorded hot sale,sold out the available 32 units immediately. In the prospective buyers' buy early to enjoy; will need to pay more later"mentality, so they bought the units even with the expansive time,but still hope that this week released a new policy report, to introduce the public to assist grassroots Sandwich Class building measures.
Century-Link in Tung Chung which developed by Sun Hung Kai Properties have put up the second-batch of units for sale yesterday,the market pointed out the news that theses units have received over 13,000 votes,recorded 40 times oversubscribed. Since yesterday morning, the second round up for sale, the sales office is located in Kowloon station lobby can see, in the morning around 8:30 prospective buyers who have emerged dragon. Market sources, as of 15:00 yesterday, before a two-room house and all eligible households have been subscribed, and until about 16:30 or so, was finally sold out the day of the 320 units in the last chit yet reached the 368 number.
The buyers still buying the property with crazy prices
Mr.Cheung who have held 20 numbers chips have spent more than HKD $4.0 million to buy a 2-bedrooms unit.He described the current prices was crazy,hoping the upcoming policy address,can have measures to help the public, such as public housing or additions introduced interest-free loans, and hoping property prices will not rise again.He has paid attention to the new HOS market ,thinking that the price for new HOS flats and the development of this new residential projects almost the same, so choose to buy the new residential projects in Tung Chung.
As for Mr.Wu whi is now living in Tsing Yi Hu have spent more than HKD $5.0 million to buy a unit,he felt the ideal environment for the residential project and promising to bring the bridge opened to traffic after future benefit and thinking that the sales arrangements of this residential project was good.Asked about the property market, he believes that the future is still upward trend in property prices,so wanted to 'buy first and enjoy first.'
Centaline Asia Pacific residential department president Chan Wing Kit said that Century-Link was the one involved in small amount of price, is the first--hand residential project which with the price most close to the price of HOS projects, there are still some buyers of new HOS flats to switch to buy the units of this residential project.The first-round of sale of the project have sold out last weekend,reflecting the market demand is still strong rigidity.It is expected that the second-batch units will keep on recording hot sale and also have the great opportunity to be sold out today.
As for the second-hand property market,the property market turnover comeback last year, the property market this year is expected to continue to chase behind, for increased passenger floor, Penny auction floor full recovery, material Lunar New Year appear rebound.
There a new policy report will be released this week, Mr Chan believes dealing with the housing problem is still the top priority when the session of the government,it is believed the report is a lot of ink drop in housing to alleviate the current hot property market; at the same time there is to see prices index is still climbing, believe control measures will not be relaxed, but there is the opportunity to re-tighten the government or the main to increase land supply and begin building more public housing.
Midland Realty said the disappointment buyers from last sale accounted for 85%
As for Midland Realty Chief executive of Residential Department Pu SIu Ming said that the time to sell the new residential project this time,with the attendance rate of more than eighty percent of its customers, disappointment buyers accounted for about 85% of them,as buyers mostly come from the New Territories, accounting for up to 70%.He added that the new residential projects have driven the second-hand tradings,the second-hand property tradings in Tung Chung this week have been recorded at least 10 transactions, the transaction is expected to hand over a full month in Hong Kong 5,000 cases monthly by about two percent. For the next policy report which will be released on next Wednesday, he said that the authorities do not see 'add spicy' space.
As for other new residential property transactions,market sources,Park Signature,The Woodside in in Yuen Long,Upton in Sai Ying Pun etc have recorded transactions.
