Hong Kong Hong Kong Landmark Turmoil 36% of home owners apply for non-occupation rental rose 83 times a month
Former Hong Kong leader, Mr Leo Chun-ying, eventually became the mansion of Pan Kai Tak 1, which is the “top priority” of the campaign platform. About two months after the project was occupied, the Lands Department received more than 400 applications for lease and sale from owners, a whopping 83 times a month. The amount is equivalent to 36% of the 1,169 units in the two phases of the project, that is, 10 people buy a building , 3 non-self-occupied.
Kai Tak 1, Phase 1 and Phase 2 were enrolled in November last year. More than 100 flats have been exposed without permission from the Lands Department. Last month, the Lands Department received only five written consent forms. However, as of yesterday, the number of applications rose sharply to 419, an increase of 83 times over the month. This shows that the demand for rental or sale by the landlord is on the upswing.
Members reprimanded Leung Chun-ying policy failed
In reply to an inquiry by this newspaper yesterday, the Lands Department said that up to the 4th of this month, it had received 236 applications for sub-letting or consent to use the permit and 183 applications for sale of consent (of which 112 and 105 respectively Part of the application to submit all the necessary documents) issued a total of 19 rental and 16 copies of consent to sell.
The industry generally believes that some property owners do not rule out the hot property market, the early consent of the application for sale in the future to make profits, make the property market upstairs, users become speculators.
For a large number of Hong Kong residents to apply for sale or rent a large number of landlords, Legislative Councilor James Kun said: “I am on the car plate, the car 嚟 self-occupied, not on the car 嚟 investment, failure!”
He continued: “It is only a matter of time to rent out or sell a house for a long time, proving that in fact, I need to live in a HOS housing and that it is not possible to live in a house for a long time! , Only a piece of land deformity, Liang Zhenying government do not intend to continue to do, the canal feel comfortable, I think to the Chief Executive Lin Cheng Yue enumeration, especially at present the first set on the car plate, details are not out, consider the restrictions When Hong Kong people and Hong Kong should be one of the reference. ”
Yin Zha-jin, a member of the Legislative Council, also criticized the policy as “failed! Joke!” “He said:” When I was in office, I had already set off a system called “Hong Kong Port of Fake Hong Kong” because the relevant laws and regulations were loose and obscure, Policy intent. ”
Kai Tak 1 was launched in September 2016 with the first batch of an average of $ 14,471 per square foot, more flat than the current new market in the New Territories.
Forty percent increase in two years
Rent 22000
At present, the average price per square foot of the new market in Kai Tak District has risen to over $ 20,000. In the first round of Kai Tak, the property market has appreciated by nearly 40% in less than two years. Even if the existing flats sell at 10% extra stamp duty (SSD) Still earn 30%.
Wong Man-hsi, a Hong Kong home buyer, said Kai Tak 1 was the first ten-month lease completed last month for two months and occupies 2 middle-floor E rooms with a usable area of 525 square feet. It is the first rental permit issued by the Lands Department Of the rental market, the day of “zero bargain” to 22,000 yuan rent, rent 42 yuan per square foot. Zhongyuan Real Estate Miss Miu Mian said that the owners have received rental consent in succession, the market temporarily four rental, including one-bedroom and two-bedroom units.