Hong Kong's Wen Wei Po News ( Reporter Leung Yuk Cum ) Sino Land split price sale the unsold flats of Cullinan at Kowloon Station,so added pressure on second-hand real estate,appeared discount deals frequently.Among of all,City Garden at North Point,a low-floor units discount $680,000 HKD changed hands to $8.42 million HKD sold the units,a reduction of 7.5%.Some estate agents means that developers take the lead reduction,add psychological pressure on the owners,individual owners are worried about the spread of discount tide,many owners have a positive attitude of the asking price,take the first step to accelerate the property sale.
Property 18 Wei Lum Man said Sino Land Axed Price launched the unsold flats of the 6th-period of Cullinan at Kowloon Station,cause the secondary market trading of Kowloon Station yesterday immediately frozen.Century 21 Sunrise Wong Man Lung pointed out that City Garden,North Point Flat H,Lower Floor,783 feet of usable area,the owners original asking price $9.1 million HKD,the final reduction of $680,000 HKD to $8.42 million HKD turnover,$10,754 HKD per ft salable area,the buyer come from the outside area.
Cntraline Mansion Au Yeung Ka Chun said Sheung Wan Soho 38,Flat C,Upper Floor,usable area 485 sq ft,owns two atrial septum ,the original asking price of $ 1.45 ten million got checked by local buyers,buyers counteroffer a month later with the original owners,the final unit reduction $300,000 to $1.42 ten million to undertake,a decrease of 2.1%,$29,278 per practical ft.
Tai Hang Wun Sha Kok Flat 02,Upper/F,usable area 544 ft ft salable area of $13,199 HKD,the owners split price of $200,000 HKD to $7.18
million HKD turnover,a decrease of 2.7%,the buyer was outside visitors,purchased the unit for self-use.
Owners bearish the outlook of property market
New Territories properties are now discounted,Deep Sea Crest Villa 3th period,Tower 7 penthouses,usable area 424 feet,the owners Asking in the third day being undertaken by buyers with $3.25 million HKD,a salable area of about $7,665 HKD per sqft,lower than the market price
of about 5 % .Crescent just a three- room households with practical ft $7,430 HKD changed hands,feet price hit a year low.Centraline Joanne Chung said Crescent Flat B,Low Floor,Tower 8,utility area 821 square feet,as the owners bearish the outlook of the property market,so from
the original asking price $6.3 million HKD,discounted $200,000 HKD in the day before,sold in $6.1 million HKD,practical ft $7,430 HKD,hit a year low.
WELLS PROPERTY Lam Ka Lun said Kingswood 5th period (Lynwood) Flat F,Lower floor,Tower 1,usable area 442 sq ft,the cumulative reduction of $180,000 HKD,undertaken by buyer in $2.6 million HKD,the real price of feet $5,882 a decrease of 6.47%.
New property sale grab for the purchasing power
Tseung Kwun O Metro City 2th period,Flat B,Upper Floor,Tower 8,usable area 363 feet,the owners initially asking $4.35 million HKD,discounted $150,000 HKD after bargaining between buyers and sellers and sold,proposed increase of 3.4%,and ultimately to $4.2 million HKD to undertake.
Ricacorp Properties director David Chan pointed out that the new property sales debut a wave after wave,usurp the purchasing power of the users,but fortunately there are some owners willing to discount and selling the properties,bring a bit of undertaking of second-hand market,index trading estates and thus also slowly rise,the line refers to the 50 indicators of housing estates in Hong Kong in the past week
(September 30-October 6) recorded a total of 95 trading cases,increased 8% over the previous week.It is expected to join the fray of the new properties will be more and more,pressure will add on the secondary tradings,can't recover in the short-term period.
