squarefoot 5平方 Logo

Owners raise the price and 2nd hand market is threatened

Squarefoot Editor  2013-01-28  25 #Property Hit News
Article from Property market spicy strokes intended to strengthen home market single-handedly turnover continues to flourish, the last two days the overall primary market recorded a turnover of about 210, more than 200 consecutive weeks. Second-hand side, the market frequently appear high turnover (see also Table), the owners raise the price confidently and has scared off buyers, so the past weekend, the day overall second-hand transactions fell. The Wings II still Yue led single-handedly The past two days, the overall primary market recorded a turnover of approximately 210 Wings II, Tseung Kwan O, Yuen Long Shang Yue led sales of sell 105 and 85 flats. The sales of the remaining projects last only sporadic transactions. The SHKP Deputy Managing Director of Thunder Wings II has sold more than 400 flats, cash of about 50 billion response to market demand, yesterday, the same day the original price plus push last batch of gross floor area of about 900 square feet, 3 bedrooms households, the fastest will Wednesday open sale. The price single display, 28 flats plus push construction area PPSF 10,208. Sun Hung Kai Real Estate Agency, Assistant General Manager Chen Hanlin added that the project has been sold 8 flats rooftop specialty households, the highest Price Range $ 2 million overall PPSF maintain about 18,000-20,000 HKD. The last eight of the remaining flats Features households are buyers negotiate, have the opportunity to record highs. Last Saturday, the day the second-hand market, the top ten estates of the Central Plains real estate statistics recorded 27 transactions fell 41.3% on a weekly basis. Which Metro City fell by seven the previous week turnover dropped last week, recorded only one turnover. Midland Realty 15 large blue-chip estates recorded last week, about 36 trading turnover, a decrease of 16.3% on a weekly basis. 10 large housing estates Statistics last weekend, recorded a turnover of 23, a decrease of approximately 32.4% on a weekly basis. Used weekend day turnover slump Alfred Chan Wing-liter Suizhu volume, flat source declined at the same time most of the owners to see buoyant market conditions, have anti-price entertained, part of the over-aggressive bid to stifle buyers into the market, coupled with the approaching Lunar New Year, the beginning of some buyers, the Central Plains real estate shelved market scheme, so that the decline in market sentiment. The Central Plains Statistics, Hong Kong Island, on Saturday, the day Taikoo Shing and Kornhill each recorded two transactions, the former fell 60% more on a weekly basis; the Kowloon aspects due two days Jin Sale snatched region part of second-hand source, Metro City in the past two days, one turnover, turnover fell 85% on a weekly basis. According to the Central Plains the mansion STATELYHOME I Club chao branches latest recorded turnover of the magnificent Sun Chuen, Kowloon, a middle C, the salable area of 858 square feet, and now is home to 1,368 million to undertake. The original owners purchased the property in August 2003 to 3.72 million HKD, the times changed hands a profit of 9.96 million HKD, units of 10-year appreciation of 2.7 times. As for the City One Shatin, New Territories, recorded a turnover of about 3, the flat source declined, the volume is reduced by 70% by week. Caribbean Coast recorded a 50% reduction in turnover, by week. Pointed out that according to Midland Realty, Harbour Heights about 1 percent of the owners entertained until the Lunar New Year, the traditional property market Indian summer during disposal of property more expensive. In addition, also a cost owners optimistic, anti-price 5%. Tsuen King Circuit, many owners confidently have zero bargaining, or even anti-price sale of the property.
Disclaimer: All wordings and pictures which indicated Squarefoot editor are the copyright of 7 Advertising LIMITED. Acknowledgement is required if other parts of this publication are used. The content is for reference only, does not constitute investment advice and it does not mean that Squarefoot agreed the points. The area which show in the article is salable area if there is no special circumstances. The pictures is for reference also.

Share by Facebook

Share by Whatsapp

Share by email