Hong Kong's Wen Wei Po (Reporter So Hung Chung)On the last day of November, two mansion properties in Kowloon put up for sale,was Homantin Hillside in Hung Hom and The Austine Place in Tsim Sha Tsui respectively,but the market reaction was dull,with total sales of less than 10 units.Coupled with the other new properties,in the absence of major new properties support,the new property market sold a total of 65 units in two-days weekend,greatly reduced 76% by week.
The first batch of Homantin Hillside which developed by Wing Tai,Nan Fung will be on sale yesterday,involving 58 units,market news pointed out that it have sold out at lease 6 units today and pass out '1 buyer bought 2 units'cases, involving two pair linked up and down units of Tower 2,with 501 feet of salable area, involving an amount of more than HKD $2.0 ten million.On the other hand,The Austine Place which developed by Hanison Construction Holdings Limited put up the first batch of 10 units for sale yesterday,sold at least three units, coincidentally also came a news of there are a buyer bought 2 units,involving in one pair of connected units located in 12 floor one,it is expected that the turnover of more than HKD $3.7 ten million .
As for 2 mansion property sales which put up for sale yesterday have slowed down,Centraline Asia Pacific Chief Executive Officer Residential Department Chan Wing Kit believes that the current belong to the home-use buyer market,the sources of property needs time to be digested will not be recorded hot sale on the first day as the market before.
Summary November,Centaline commission received a total of about HKD $2.5 billion,fell slightly when compared with HKD $2.6 billion in June. And last week, Centa-City Leading Index which reflecting the trend of prices to break 130 points,he believes the future of small and medium housing prices are still 2-3% increase, while the lively primary market trend,it is expected to continue into the New Year.
All of the units of The Summa have sold out
As a continuation of yesterday's other new property deal,The Reach in Yuen Long,The Wings IIIB in Tseung Kwan O and The Parkside in the same district ,Mont Vert Phase 2 in Tai Po etc. ,The Summa in the West of Mid-Level sold the last unit which located in Flat A,8/F,fully sold out successfully before the end of the year.Together with Saturday,65 first-hand property transactions were recorded in the past two days,representing significantly reduced when compared to approximately 274 transactions recorded last week.
As for the second-hand property market,property price index recorded a new high again,but the past two days, the district courts turnover index also increased by week. This weekend's top ten estates Centaline recorded 21 transactions, turnover record was recorded in the first week of July 24 after 20 weeks high turnover,rose 75 percent by week,of which Kingswood Villas in Tin Shui Wai and Tai Koo Shing in Quarry Bay, then together accounted for 11 transactions.
Second-hand transactions have recorded an increase
According to the Midland Realty branch statistics,ten blue chip housing estates recorded 19 transactions in the past two days,recorded about 1 transaction more than 18 transactions recorded last weekend.Midland Realty Chief Executive Officer of Residential Department Pu Siu Ming pointed out that the new properties continues to flow of goods,coupled with the mainland 'to cut interest rates effect' fermentation,creating optimism for the market,prospective buyers to stabilize confidence of buying properties,expect the hot sale of new properties continuously,buyers who wanted to change their unit also just around the corner and impatient,there are first-hand disappointment buyers to rejoin the second-hand property market,the overall second-hand property will be steady this weekend.
RICACORP ten top-indicators housing estates recorded 17 secondary tradings, increased 1 case by week,Hong Kong branch of statistics ten major blue-chip housing estates recorded at lease 7 transactions, less than nine transactions which recorded last week.
