Hong Kong's Wen Wei Po News (Reporter Wong Tsz Man)As the first batch buyers of free premium white form in the ballot entered into the market in June after another,it cause the transactions of secondary market of WF HOS back to steady,especially in Tuen Mun obviously. Centraline Chan Shei Ho said Tuen Mun belonged Penny floor concentrated,and benefited from the "secondary market of WF HOS", the region continues to increase turnover of HOS stimulate cost rises.Which is located in Tuen Mun Ferry Pier District Lung Mun Oasis and Glorious Garden,because the newer age,coupled with a larger scale,it won the "secondary market of WF HOS" buyers sought after,now two estates per sq ft compared to May increased by 10% and 30%.
HOS Lung Mun Oasis and Glorious Garden in June recorded a 7 and 6 green table market turnover,compared with May volume increased 40% and 100%.Benefit of "secondary market of WF HOS" buyers continued to enter the market,so Lung Mun Oasis Average Price increases were recorded good,July estates average price of $4,182 HKD practical feet,compared with $3,799 HKD in May rose 10%; price per square foot Glorious Garden
increases more obvious,practical ft $4,384 this month,compared to May $ 3,362 per sq.ft.increased by 30%.
Owners stop earning let sale
However,insiders refer to the property is temporary four straitjacket "delisting, hike, spicy strokes, supply growth" in "internal and external"attack of three to five years,prices will be "dry down" of 45%,trading volume shrinking by nearly 40%,over ten thousands owners become negative assets,twenty thousand real estate agents will lose their jobs.The face of recent market shrouded by negative news,buyers
tend to see attitude,Asking the owners attitude clearly softened,discounted turnover cases continue to emerge a few days ago,there have owners of Tuen Mun Wai Court regressive $300,000 in order to sell their property in these two days.
WELLS PROPERTY Wu Chi-wai,said the transaction recorded in units of Flat E,2/F,Upper Floor,the original owners of the asking price for the
three million HKD, a reduction of 10%, five groups have been flat inspection visit customers,and ultimately the free market price of 2.7 million HKD,buyers acquired the site for their own use, sold for nearly half of the low estate. Units of usable area of $4,874 HKD per sq ft price,terms of gross floor area of $3,792 ft, respectively.
Owners of TKO Ocean Shores willing to regressive $4,00000 HKD
Elsewhere, Tseung Kwan O, Ocean Shores,for example,recorded only a 3 month temporary trading,the average price hovering $10,650 feet per
utility.Enter the market as buyers wait and see attitude,some owners take the lead to promote trading slightly lower price.Last traded in units of eight F Upper,original owners initially asking price $5.98 million HKD,a sense of the market trading continued deserted,then
adjust the asking price,buyers and sellers negotiate the final regressive $400,000 HKD after the units sold,a decrease of 6.7%;turnover price of $5.58 million HKD, equivalent to the price of $11,205 HKD practical feet.Original owners in October 2004 to $2.58 million HKD into the market units with 9 years or 1.2 times the appreciation of $3.0 million HKD.
Mei Foo Manhattan Hill two-bedroom family estate regressive $200,000 HKD,recorded the lowest price in the same type of household in this year,Midland Realty Lam Hoi Shing said that some owners are soft-hearted,widening the bargaining space,so the market to undertake,but
turnover is still mainly in small units.was undertaken for the Mei Foo Manhattan Hill Flat D,Lower Floor,Tower 3,Owner Asking for some time,see lukewarm market response,in order to seize the opportunity to sell property,may significantly compromise discount $200,000 HKD to $6.3 million HKD after the transaction, practical area of approximately $11,710 ft HKD,recorded the lowest prices in the estate this year.
