The whole period of H + 1.26 seven years the lowest floor hit a war again Qi Zhongqie off the Central Plains
The atmosphere of the new market continued to improve. As the Lunar New Year approached the market, the pace of new product sales was slowed down. Many developers took the opportunity to launch the New Year special offer to attract tourists. The market sentiment did not drop due to the Lunar New Year. In addition, Large turnover is frequent, some intermediary companies take advantage of HIBOR (HIBOR, H) down, eager to launch the spring mortgage program rush off, the full interest rate cut to H plus 1.26%, the lowest in nearly seven years.
On the eve of the Lunar New Year, the Central Plains Mortgage and meridian mortgage two intermediary companies Qi push mortgage offer to attract customers, including the Central Plains mortgage partners with the Central Plains Real Estate launched the “new shock H hit as low as H + 1.26%” program to the 14th of this month On Valentine’s Day, the 1-month HIBOR was 0.75% and the interest rate was as low as 2.01%. The plan was to provide a 1.8% cash rebate and a high deposit account with the highest loan amount. The cap rate was locked at P (best lending rate , 5.25%) by 3.1%, or 2.15%.
Wang Mei-feng: Early spring early competition is fierce
Central Plains Mortgage Brokerage Managing Director Wang Meifeng pointed out that the beginning of the traditional fight for the mortgage business an important period of recent inter-bank interest rates slightly lower, with the property market early spring appears, according to more competitive floor competition between banks competing to join fixed-rate mortgages or Adjust the interest rate to increase the customer’s competitiveness.
Meridian Mortgage Partners ICBC Asia Bank launched the first-year fixed rate of 1.68% mortgage plan, the second fixed rate of 2.15%, the highest rebate with the same amount of 1.75% loan, lock-in P minus 3.1%. Liu Yuanyuan, chief vice president of meridian mortgage referral, said the market interest rate hike and the United States increased the number of hikes. The future growth of interest rates in Hong Kong is also expected to increase. Fixed-rate mortgages will help buyers to save their first-year interest expenses.
17 new dish to send profit is the most abundant star Lianren
Developers also take advantage of the approaching Lunar New Year holidays to increase their promotional spending. Cheung Kong (01113), Shinchan (00083) and Evergrande (00012) announced the offer of New Year in succession, involving 17 real estate developments. The launch of the New Year’s promotion is relatively large in scale, involving more than 250 units of 14 properties. Each new dish is the main launch of the Spring Festival “Italy is”, the buyer can receive cash rebates or discounts to Cheung Kong Ma On Shan Star Sea of Lianlian provide “Italy is” the most generous, up to 28,800 yuan can be reduced by the property price plus 13,800 To 28,800 yuan “food and clothing to play blessing bags.”
The property market sentiment continued to rise. Newly-built large-size apartment buildings and new high turnover were frequent. China Overseas (00688) sold 668 Begonia Road, Kowloon Tong with a gross floor area of 4015 square feet and a ceiling price of 41,800 yuan for 168 million. Kowloon The project “Kai Tak 1” (I) of the East “Hong Kong Land and Port” project was also sold for $ 43.2 million on the 3rd floor of Block 2 of Lower Block. The salable area of the project is 1,600 square feet and the price of $ 27,000 per square foot is the second highest.
Early spring property market appears early, developers have resorted to potential fare increases, Hengda’s Tai Kok Tsui Leo Square. Xiaowan raised the price of 2 wagon tail, an increase of 7.5% to a maximum of 10.3%; Cheung Wan Tsuen Wan sea love. Love Hyun beauty also cut 1% discount, disguised increase sale. In addition, Kerry (00683) Ho Man Tin Hao 畋 plus push eight people on the fourth day of New Year (19) on sale the same day a group of tender closing.