AP: Shops to sell materials rose more than 10% this year
Last year, the market conditions for industrial and commercial shops were hot. APFH expects that the turnover of 100 million hand lots this year is expected to rise by 10% and the transaction value is expected to reach 200 billion yuan. The transaction is expected to continue to improve.
According to Huang Han-cheng, chief executive of APH shops, the data from the research department of the Associated Press shops and the Land Registry data show that with the sale and purchase of the company, there were a total of 9,124 sale and purchase transactions in the industrial and commercial shops last year, involving 241.29 billion yuan and over $ 100 million Turnover accounted for 245 cases involving 166.6 billion yuan, a record high. The commercial and industrial markets are dominated by commercial buildings and industrial buildings. The construction of the whole building and the construction of factory buildings are well under way. Due to the soaring prices of the commercial buildings in the commercial buildings in recent months, Central Central is expected to be diverted this year. It is estimated that the turnover of 100 million yuan hand lots is expected to rise another 10%.
Weng Hongxiang, director of operations and commercial department of APL, said commercial buildings are still the focus of the market this year due to the “flour price” of $ 50,000 per square foot of commercial space in Central, which is higher than the “bread price” and vacancy rate of Low, it is estimated that the overall volume of commercial buildings will rise by 1% to 2,300 cases this year; the sales price of E-Building is expected to catch up behind this year, up 10% to 15% this year, which is 5% to 10% Both A and B rents are expected to rise by nearly 10%. Among them, Tsim Sha Tsui, Admiralty and Central District are more optimistic. He expects the level of office fares to rise to 60,000 yuan this year.
Office prices rose to 60,000
As for industrial buildings, Associated Press Director Chan Wai-chi pointed out that the market is looking forward to the government’s push for a revitalization of industrial buildings and is expected to attract investors to enter the market. It is estimated that the selling price will rise 10% to 15% this year and rents will also rise 10%. Kwai Chung, Tsuen Wan And Wong Chuk Hang area is more optimistic.
As for the shop space, Lu Chin Ho, a director of Midland Marketing, said that as of 3Q 2017, the overall vacancy rate in the core area was about 8.8%, similar to that in 2016. With the improvement of retail market conditions, the vacancy rate is expected to drop to 6% this year and the core of this year District pavilion rent and price can rise 5%.