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Pending Consent Scheme is the highest of 3-month

Squarefoot Editor  2016-03-05  4.9K #Tips For Transaction
market this year "massive" supply of new real estate unit, the Lands Department data show that in February, although only granted an uncompleted real estate can be sold, involving 912 property, but at the same time as many as five residential new applications uncompleted projects, involving 1,557 property, hit a 7-month high, so that pending uncompleted units pushed to 11,169 gang of three-month high, to maintain a level of more than ten thousand gang. The industry is expected that there will be a lot of uncompleted projects have to apply for pre-sale, new flats supply will continue upward.

The Government has also been actively pushing, the accumulation of a large number of developers of new properties for sale, even if the case this year, the property market slump, but also according to schedule cash sale of flats. The Lands Department announced yesterday, February total of five new applications for pre-sale projects, involving 1,557 property, a monthly increase of about 15.2%, a seven-month high. Among Wheelock's Tong Chun Street, Tseung Kwan O, 23 relates to gang up to 926 units.

Property developers actively push

Midland Realty chief analyst Liu Jiahui noted that while earlier by the stock market adjustment, the impact of US interest rates and holiday atmosphere, slowing the pace of real estate developers to push, but in recent months, a new application for pre-sale units has continued upward, reflecting the developers push Property mentality is still active. His analysis, after the Lunar New Year holiday, the relay will debut a number of new real estate, even if just for application of deduction HS Greenview Villa(1,020 property), has been up for sale but not yet approved the sale of private residential projects are still involved 3,200 property.

The 3,200 property have been granted pre-sale units and documents, in addition to just approved the sale in February of exon 8 in Long Ping Estate (912 property), as well as New World Saigon proud and Constant Taki (680 property) Sun Hung Kai Yuen Jun Luan 1B and 1C (665 property), Ho Man Tin days casting 2 (271 property), Cheung Kong's real estate and Walter Jun Ho Man TinParker (228 property), Kowloon Tong, Cathay 38 Inverness (134 property), China Overseas Holdings Limited Ap Lei Chau South. Left Bank (114 property) and the like.

On May 1, the new real estate only granted

New applications continues to rise the occasion of the number of units, in February approved pre-sale units, but a five-month low, was approved only one new real estate pre-sale for Long Ping Estate 8, involving 912 property, a monthly fall about 41.3%. Due to the sale of new application uncompleted units in February compared with granting more, so the number of pending pre-sale units rose to 11,169 gang monthly increase of about 6.2% for the three-month high. The next pre-application, there are many projects coming, I believe the cumulative pending pre-sale units to have the opportunity to further upward.

Further, since the WPL will apply for pre-sale flats in Tseung Kwan O, so the company now become the largest new real estate developers uncompleted pending, involving four projects, the number of units 2,751 property, representing another developer Sun Hung Kai Properties is applying for pre-sale of 2,477 property even more. WPL Total perfection Street, Tseung Kwan O units will also be revised to 3 804 property, Lai Sun Development cooperation with the URA Pau Chung Street, Ma Tau Kok on February 93 to apply for pre-sale, involving 209 property, the disclosure document named " hi building. "

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