More than 21,700 people have been approved for pre-sale of pre-sales, and 19,400 new applications have been created.
The government has actively sold land in the past few years, and residential supply has gradually entered the market. According to the data released by the Lands Department, over 20,700 units were approved for pre-sale consents in 2018. The total number of new pre-sale flats was over 19,400. Both of them reached a new high of nearly 16 years after 2002. The industry expects that if the property market atmosphere has not improved, this year, the newly approved uncompleted flats will have about 27,000 people in the market.
According to the Lands Department’s data, there were 2,113 approved pre-sale consents in December 2018, including a total of 1620 gangs of China Overseas (00688) Tai Po, and 493 squads of the Urban Renewal Authority. The partner is the “Hong Kong People First Home Pilot Project” unit that is accepting applications.
Sunrise Kangcheng Phase 9
Although the number of approved units in December last year was about 55.6% lower than the 4,757 in November, a total of 36 properties were approved for pre-sales in the whole year, totaling 21,722 units, compared with 16,408 in 2017. More than 32.4%. According to the data, in 2004, 40,930 units were approved for pre-sales. After 16 years, more than 20,000 units were approved for pre-sales in the past 16 years, a new high in the past 16 years.
In December last year, three properties were applied for pre-sales, two of which involved subdivisions. In 2015, Wyndham Real Estate, which was awarded the 9th phase of Tseung Kwan O Sunrise Kangcheng, applied for pre-sales in Phase 9A in December last year, involving 647 people. Xindi (00016) No. 18 Stubbs Road, East Mid-Levels, has a total of 72 groups. It used to apply for pre-sales. However, in November last year, the application was withdrawn. In the first month, 53 people were listed as the first issue and re-applied for pre-sale.
The two properties mentioned above, together with the provision of 64 gangs of Kerry Building (00683), Kowloon Tong Bijiashan Longjing Road No. 3 project, proposed three pre-sales in December last year, involving a total of 764 people. Liu Jiahui, chief analyst of Midland Realty, said that after deducting the duplicate application, a total of 19,403 new pre-sale flats were applied in 2018, an increase of 21.7% from the 15,940 in 2017, and a record of 42180 since 2002. The 16-year high since the gang. As the number of uncompleted pre-sale flats in 2018 was higher than that of the new flats, the cumulative number of uncompleted flats was about 12,499 in December 2017, down by about 19.5% year-on-year to only 10058 in December last year.
First-hand supply increased to 27,000 units in the short term
Lin Haowen, executive director of the Leifang and director of the valuation and consulting department, believes that more than 20,000 uncompleted flats were approved for pre-sale in 2018. However, due to the market conditions in the second half of last year, the new flats were slow-moving, so the new approval was unanimous. The amount of cargo has increased, and the short-term is expected to reach 26,000 to 27,000. However, Lin Haowen believes that the sales of new discs are always dominated by developers. If the sales situation continues to be slow, the developers will adjust the speed of applying for pre-sales. Whether the number of flats approved for pre-sale consents will exceed that of last year will depend on the sales of new flats in the first half of this year.
For some properties, the “demolition” application for pre-sale, market participants analyzed that in June last year the government announced that developers should launch no less than 20% of the property for each sale, and then apply for pre-sale of the property “demolition”. It will help increase the flexibility of selling properties in the future.
In addition, the Lijiage Real Estate Research Department pointed out that in 2018, the number of first-hand private residential transactions was recorded at 15,453, which was about 16.5% lower than the 18,503 in 2017. This year, an estimated 107 new first-hand projects will be available as potential supply. A total of about 30,112 people will be provided. The New Territories will have a total of 17聽681 (about 59%) from 46 properties. The Sai Kung District (including Tseung Kwan O) The total area of the three districts of Tai Po and Tuen Mun District is 13,440, accounting for nearly 45% of the total potential supply in Hong Kong.