Debt and spicy strokes affect the amount of the property market continued to decline in value
Article from the Government launched the "double duties", coupled with the financial problems in Europe and America, the buyers market outlook becomes a wait-and-see. Midland Realty statistics this weekend 10 large housing estates of appointment property surveys 1,285 groups, fell 6.9% on a weekly basis. However, the first-time homebuyer multiply spicy strokes repulsed a group of investors took the opportunity to choose flats support while property prices, multi-zone re-emergence of a new high-turnover (see table), the property market continues to decline in value up. Latest Centa-City Leading Index (CCL) reported 121.64 points, by week edged up by 0.05%, but mainly reflects trading greatly reduced, before the New Year holidays affect property prices at a high level for rampant.
Midland Realty statistics of Hong Kong 15 estates weekend Midland Realtypointment property surveys, only recorded about 1,285 groups, or about 6.9% on a weekly basis. The Midland Group Executive Director and Chief Executive Officer of Residential Department Chenkun Xing said, the double stamp duty levied by the Government to further increase the cost of home ownership for investors and non-local people, for flat activity affected buyers into the market attitudes toward prudent, but owners outcry attitude has not softened so used to trading and property viewing activity blocked the expected short-term trading volume is still currently hovering around.
Owners reluctant to sell the see-saw flat inspection by 7%
The bank also pointed out, the new spicy trick introduced property market Tim uncertainties, and part of the prospective buyers look forward the new spicy strokes under shoots goods ", but the owners are still reluctant to sell the property market outlook is still confident. This weekend, Hong Kong Island, four indicators estates appointment of property surveys recorded about 385 groups, down about 8.3% on a weekly basis. The Territories 4 indicators estates recorded about 365 reservation property surveys, about 3.9% less by the week. Seven indicators Estate in Kowloon this weekend reservation property surveys recorded about 535 groups, late last week about 580 groups fell by about 7.8%.
In addition, the Central Plains real estate statistics weekend appointment property surveys of 10 large housing estates only 815 group fell by 5.8% on a weekly basis. Centaline Property, president of the Asia-Pacific area residential Alfred Chan Wing-kit said the government last week launched a double stamp duty isobaric City increased market uncertainty, coupled with the European and American financial problems surfaced, the weak performance of the economy, the buyers market outlook turned more wait-and-see The market attitude becomes conservative, is expected to will show a stalemate situation in the property market in the short term.
In fact, although the the new spicy trick to repulse a public long-term investors and foreign buyers, but the number of first home buyers but four Mi flat, support the property market, and even some of the tenants also took the opportunity to sublease to buy. Hongli Li ZhongYuen means, Tai Po, Serenity Park 1 7 E Lower Floor, was a tenant of the same district took over the tenants of 3.288 million HKD, the tenant has a sense of high rent long-term, low interest rate environment continues, for flat rental See also the new tax on the first-time home buyers will not be affected, and finally decided to intervene. MIDLAND REALTY Qiusong original Aberdeen Centre, Block B, middle room was also a first-time home buyers off bid for 4.1 million HKD, 438 feet of Saleable area, practical PPSF 9,361.
Kowloon West, New Territories, the property prices to a new high
Latest Centa-City Leading Index CCL reported 121.64 points, up 0.05% on a weekly basis. Urban transportation rose, Senior Associate Director of the Research Department of the Central Plains real estate, the figures reflect before the Chinese New Year long holidays approaching, the drastic fall in the Transaction affect property prices high briefly rampant. Double stamp duty take effect on February 23, the impact on property prices begin to reflect the CCL to be announced in late March.
Index of all districts in property prices, the New Territories West Index for three consecutive weeks, a record high at 102.82 points, 0.81% by week liters rose for five weeks, a total of 5.27%; Kowloon index hit a record high at 122.13 points, 1.35% by week liters , moving up two weeks a total of 1.62%; Island District index was at 130.82 points, up 0.21% on a weekly basis; New Territories East index was at 118.18 points, down 0.69% on a weekly basis, ending six Zhou Liansheng.
Large estates Centa-City Leading Index CCL Mass at 120.97 points, a record high, up 0.59% on a weekly basis. As long Chinese New Year holidays when the quiet weeks of second-hand transactions CCL Mass cannot expect another record high, reflected in property prices next week index.
