Hong Kong's Wen Wei Po News (Reporter Leung Yuk Cum) Fed delisting haven't got a timetable yet,the economic data from China better than
expected,transient positive local property market.Centa-City Leading Index CCL which reflects the trend of secondary property prices in
Hong Kong latest reported 120.86 points,rose 0.84 percent by week,becoming the largest increase for the 10 weeks,the index has been moving up three weeks,the cumulative rise 1.31%,all four partitions index rose.Centaline research department expected CCL continued hovering in the high 120 points.
Centaline Senior Associate Director of the Research Department of Urban transportationWong Leung Shing pointed out,including CCL,CCL Mass and four large partition index all six major indices rose for the first time since 9 weeks,reflecting the large estates of large estates Centa-City Leading Index CCL Mass at 120.44 point of 9-week high,CCL Mass weekly rise 1.07%, also the largest increase in 10 weeks.
Four partition index rose
All four partitions index rose.Hong Kong rose 1.1%,moving up two weeks a total of 2.22 percent,at 131.47 points a nine-week high.Kowloon rose 0.92 percent to 118.61 points.New Territories East rose 0.78 percent,at 121.02 points hit a five-week high.New Territories West,rose 1.44 percent to 102.98 points hit a 6-week high.
Over the past month,the largest increase in real estate prices feet located in Sorrento at Kowloon Station,the latest real ft $22,779 HKD,
rose 13.18 percent on a monthly basis,followed by Park Central,the latest real ft $10,843 HKD,rose 11.03 percent on a monthly basis,and Island Resort latest real ft $12,726 HKD,rose 6.65% on a monthly basis.
New property sale discounted haven't affected the property price yet
Wong Leung Shing said that although the price index rose for three weeks,but in fact only on and off at 1%,in early August this year,the central show GDP growth of 7% as the goal,so it cause second-hand property owners reduce the cut price pressures,causing property prices rose up slightly,The Rise of CKH which discounted on sale price in September,as for the impact of the secondary property prices,it may reflected in the mid to late of September.
He added that the government launched BSD tax for mainland visitors and tightening mainland visitors to buy the Hong Kong Building LTV has caused a greatly reduced on mainland visitors,some drive off suspected,believe that even if the Government relax the measures,it will not attract mainland tourists to Hong Kong Property again.Wong Leung Shing also said that,Hong Kong is an export-oriented city,attracting mainland and overseas funds to invest in Hong Kong is an inevitable trend,the government's current measure would not only not help our economy,butalso adversely harmony between the people,the anti allow mainland tycoons flock overseas property.
