Wu Chuangye, the Senior Executive Director of Hong Kong Property expressed, according to the latest data of Land Registry, until 21st this month, the registers of first hand and second hand property are totally 3,162 cases, similar to last month's; While New Territories had the most registers among three districts, which were 1,790 cases, up nearly 30% (28.5%) comparing to 1,393 cases in same period of last month. Register in Hong Kong Island also up at slightly 4.8%; While register in Kowloon down by 43%, behind the big market.
First hand property register drove the transaction in New Territories up.
Wu Chuangye quoting from data research department of Hong Kong Property Services to point, comparing first hand and second hand residential property register in New Territories, the first hand property register were more. According to data, the first hand property register in New Territories until now during this month are 741 cases, nearly two times of 346 cases registered in same period of last month, and even close to 795 cases which was the amount in last month, so it is estimated that the register number will be over last month's in short time. Wu Chuangye expressed, the first hand property register rising because the launch and good sale of many new projects in New Territories like Century Gateway 2 and The Visionary in earlier, driving the whole residential property register in New Territories until now in this month up nearly 30% by month.
Wu Chuangye expressed, second hand property register in New Territories until now during this month are 1,049 cases, similar to 1,047 cases in same period of last month, so it is estimated the register in whole month will be about 1,500 cases, leading register number having been in low level less than 2,000 cases in half year.
Second hand property transaction in New Territories locates around low level.
Wu Chuangye expressed, register in Kingswood Villas were 26 cases, which was project with the most register among second hand property register in New Territories, and the second is City One in Sha Tin registering 24 cases. Among the ten projects with most active second hand property register in New Territories until now since this month, many projects' register rose, like Metro City Plaza in Tsueng Kwan, which has 13 cases currently, up more than 1 time than 6 cases in same period of last month, while register of Sun Tuen Mun Centre in Tuen Mun also rose 1.25 times, which was 9 cases; However register of some projects among decreased, such as Kingswood Villas, of which the register down by 28% than number in same period of last month until now since this month, ranking the first. The second is City One in Sha Tin of which the register down by 4%.
Wu Chuangye pointed again, since residential register was higher than big market until now since this month, so its register ratio also rose; According to the latest data, residential register in New Territories until now in this month takes 56.6% of the whole residential register, up by 9.9% than 46.7% in last month, which was the highest in the past three months.
