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More repossessed property appear in market, which do not divide into cheap or expensive.

Squarefoot Editor  2017-05-09  18.7K #Property Hit News

The market is nearly nine weeks in nine Kowloon Tong houses more than 200 million most boast

Hong Kong Wen Wei reported that the occasion of the rapid rise in property prices, the market suddenly appeared repossessed property put the real estate, the new house Tseung Kwan O Tian Jin appeared the first piece of repossessed property main goods, the owner since 2012, Main building. Coincidentally, Yuen Long Shang Yue also appeared to be suspected of failing for the case. Together with last week nine Longtang Oxford Road, two houses both into the repossessed property main hand, the price is more than 200 million yuan, the goods from large to small houses, small to small units and parking spaces, have fallen.

Market news reflects the local property market in the past week, the emergence of at least nine repossessed property real estate, which the traditional luxury lots of two independent housing project repossessed property code is huge. 9 / F, Oxford Road, Kowloon Tong, with a usable area of ​​5,140 sq ft and a total offer price of $ 260 million at $ 50,584. According to the Land Registry data show that the owners in 2013 to 150 million HKD to buy, then in May 2014 and September were a press and two press, and last week by the repossessed property master took over. As for the other two-room, the practical area of ​​4,908 square feet, repossessed property main offer 220 million yuan, equivalent to 3400 HKD per square foot price.

Tian Jin first repossessed property main building cable 18 million

As for the small and medium-sized units of repossessed property real estate, there is no shortage of new housing. Among them, Tseung Kwan O Tian Jin 8 high-rise C room, the practical area of ​​968 square feet, the repossessed property owner recently called 18 million yuan, equivalent to 18,595 HKD per square foot, I believe that the first case of the owner of the estate. According to the Land Registry data show that the owners in 2012 to 1,491.8 million HKD to buy units in one hand, and apply for a mortgage by the Bank, the industry estimates that the owners of the unit due to the supply of repossessed property as the main property.

In addition, Yuen Long Shang Yue 3 middle F room, the practical area of ​​357 squareFeet, repossessed property main offer 4.4 million yuan, equivalent to 12,325 HKD per square foot price, potential challenge to the second quarter of the price of housing records. According to the Land Registry data show that the owners in 2012 to 3.5599 million HKD to buy one hand, then the unit has a number of banks and a number of financial companies to pass the press, including two three press, the final suspect because of " ", The unit was taken over by the repossessed property master.

Units do not worry about customers selling bad worry

At the same time, Tseung Kwan O Nan Fung Plaza 2 high-rise B room, the practical area of ​​778 square feet, the repossessed property call price of 11.2 million yuan, equivalent to 14,396 HKD per square foot According to the Land Registry data show that the owners in 2013 to 7.3 million HKD to buy units, repossessed property call price higher than the purchase price of 53%.

Century 21, director of the measurement department, said the number of repossessed property real estate is mainly subject to market conditions, "if the market is good, the debt to the money back to the bank to redeem the property." He also pointed out that two Oxford Road independent housing since last week by the repossessed property main put real estate, attracting nearly 20 visitors last weekend, and the bank's customers accounted for about 5, showing that the market for such large size property has a considerable demand.

In the future, the interest rate hike in the United States is unlikely to affect Hong Kong. He expects the US interest rate hike to be moderate and slow. At present, Hong Kong still enjoys a low interest rate. In the future, Hong Kong may not follow the pace of the US interest rate increase. The intensity of the test will increase, so as to help control the "according to the explosive" situation, it is estimated that the short term repossessed property main goods "there is a come out", the monthly repossessed property plate and the current situation is similar to the status quo, no more than 200 cases.

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