Mainland customers buy 30% of Hong Kong luxuary units

Last quarter, the amount of turnover hit a new high of 5 years accounted for 33.4%

Recently, a new property in Tsuen Wan Bo Ao Bay won a pass from the Mainland, a European passport "after 80 consecutive sweep of 1 group and 1 group of four bedrooms. Among them, one-room apartment with a cost of $ 100.86 million and an additional $ 3 million spicy tax has become the first one-bedroom apartment in the New Territories to sell over $ 10 million. According to the latest statistics released by Centaline Property, among the first-hand luxury properties with property prices of over $ 12 million, the number of mainland buyers rose to new posts after the fourth quarter of 2016, up from the fourth quarter of 2012 to a new high of 2012 Reaching 28.9% and 33.4% respectively. Analysis that Hong Kong luxury market better, to attract some mainland buyers into the market.

Earlier, the IRD said that the "spicy tax" of the three major property markets, ie buyer stamp duty (BSD), extra stamp duty (SSD) and double stamp duty (DSD), amounted to a total of 30.39 billion HKD in 2017, 24.136 billion yuan, a year-on-year increase of 26%. Among them, the BSD tax bill of more than 8.7 billion HKD last year surged over 40% year-on-year, reflecting that property in Hong Kong is still highly sought after by mainland and overseas buyers and the latest statistics of estate agents. The number of Hong Kong mansions entering Hong Kong continued to rise, becoming a force that can not be ignored in Hong Kong's property market.

Continued inflow of capital into the luxury mansion

Huang Liangsheng, senior joint director of Centaline Property Research, pointed out yesterday that in the first quarter of 2017, the luxury home market in Hong Kong is known to account for 33.4% of the total personal purchases in the Mainland, accounting for 28.9% of the total. The figures rose by 1.9 percentage points and 5.5 percentage points respectively quarterly. Accounting for the amount of nearly 5-year quarterly high, reflecting the continued flow of funds into the Hong Kong luxury market in Hong Kong, and focusIn the luxury mansion.

As regards the second-hand luxury market, individual buyers in the Mainland, known as fourth-quarter sales, accounted for 17.4% of the total, accounting for 14.6% of the total. The figures were down 0.1% quarter-on-quarter and 0.5% respectively. Second-hand luxury market conditions calm, the mainland buyers accounted for more stable. The overall luxury market is known to account for 26.2% of the total individual buyers in the Mainland, accounting for 21.8% of the total. The figures rose by 0.5% and 2% respectively quarter-to-quarter.

Last year, Beisha Bay was the most popular in the Mainland

According to the statistics of the bank, there are more luxury home purchasers in Beibu Gulf for Bei Fu Wan in 2017 with a total of 34 cases involving 1.476 billion yuan. In terms of amount, it ranked second for the Arc de Triomphe at Kowloon Station and recorded a total of 15 transactions involving $ 554 million. There were also 12 cases of Harness the World, also located at Kowloon Station, involving $ 425 million. As for the transactions in 17 transactions at Westwood Treasure Garden, the amount involved was $ 333 million.

Busshamin, chief executive of Midland Realty Residential, said mainland customers have become one of the driving forces behind the luxury market. According to the bank's data, according to the analysis of the names of known buyers in the first-and-second-hand residential individual buyer registrations, in the third quarter of last year, the mainland buyers (identified by the names of their buyers) purchased more than $ 50 million of first- Accounting for about 41% of the registered cases, up by about 8.8% on a quarterly basis, reaching a record high of 5 quarters.

According to a report earlier published by The United Democrats, according to the information provided by the Land Registry, personal buyers with known buyer names were analyzed and pin-pinned by buyer names. The ratio of Mainland buyers to second-hand residential West Kowloon rates from 2016 To 12.5%, further climbing to 26.7% in the first three quarters of 2017.

In fact, mainland buyers love Hong Kong luxury is no longer a news item. In January this year alone, there were already a number of cases in the market. The cost of each one was staggering. It seems that the North Cape Sea Hsuan, which opened in recent months, earlier recorded a ticket amounting to HK $ 170 million for a Mainland visitor to buy Block A and B on the 11th floor. The unit area is 1,585 square feet and 1,173 square feet respectively. $ 64,887 and $ 61,527 respectively, the former being the highest on the east side of Hong Kong Island.

In addition, the Wheelock real estate Tseung Kwan O South GRAND MONTEREY a roof rooftop features households, the practical area of ​​1,629 square feet, also recently recorded a mainland guest to 6,353.1 HKD purchase, foot price 39,000 yuan, breaking the record high in the region, Compared with September last year, the same area Xintiandi Tianyang bungalow nearly 35,000 HKD more expensive 11%, becoming the most expensive building in the history of Tseung Kwan O King. Due to non-Hong Kong residents, the Mainland visitors are required to pay 30% "spicy tax", involving $ 19.06 million, taking into account the relevant expenses, the cost of footing increased to more than $ 50,000.

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