14/5/2018-5

Industrial Building sold 601 on April 3rd after DSD hot trick

The Lijiage Commercial and Commercial Shop reported that the Industrial Building recorded 601 transactions in April and became the third highest after the Double Stamp Duty (DSD).

Zhu Liangheng, Senior Sales Director of the Real Estate Ministry of Industry and Commerce of Lijiage (Trade Shop), stated that the opening of the new project and the registration of the full-floor industrial building demolition and sale, together with the opening of the Hong Kong-Zhuhai-Macao Bridge, drove the registration of the Tuen Mun in the affected area to rise, resulting in a The Xiamen market continues to be hot. According to the real estate information of Lijiage (Trade Shop), in April 2018, a total of 601 industrial and commercial property transactions were registered in Hong Kong (the figures mainly reflect the actual market conditions of the industrial building market from two to four weeks ago), which was a rebound from 514 in March. 17 %, the second highest level in nine months, and recorded the third highest single month since the DSD in early 2013. During the period, the total value of the registered amount of industrial buildings also rose slightly by 3% after two consecutive months of falling, with a record of 4.416 billion yuan.

City Industrial Center 178 Million RMB

Analysed by the property price group, in the registration of the sales and purchase of industrial buildings in the seven price groups, all the other price groups recorded an increase in April except that the registrations of the low-price and high-price bipolar reversed. Within the group of 50 million to 100 million yuan, the highest increase of 9 times was recorded. The number of registrations increased from 2 in the previous month to 20 in the previous month. As regards the fine-priced industrial buildings below $10 million, which is still the main source of registration, the largest proportion of them is between $2 million and $5 million. During the period, there were 284 registrations and a 29% monthly increase. , accounting for more than 47% of the total registration of the entire month. In addition, among the top 10 most valuable industrial building registrations in the previous month, the most significant was the registration of 178 million yuan at the entire floor of the Kwai Chung Urban Industrial Center.

In the analysis of the 10 major industrial zones that the Bank regularly observed, a total of 6 districts rose and 4 districts fell. Among them, the most significant rise was in Tuen Mun, with 63 registered transactions in April as compared with 3 The 16 cases in the month have soared nearly 3 times (294%). The main reason is that the Tuen Mun-Chek Lap Kok Link, which is currently under construction in the area, may benefit from the opening of the Hong Kong-Zhuhai-Macao Bridge. As for the Chai Wan and Cheung Sha Wan Districts, they also recorded an increase of 2.4 times and 1.9 times respectively. The Kwai Chung District recorded a total of 125 registrations during the month, making it the largest number of registered areas and rising by 11% on a monthly basis.

Zhu Liangheng pointed out that in the first four months of this year, the number of industrial building sales registrations totaled 2,309, which was the best performing period since the introduction of DSD in early 2013, in addition to a significant increase of 66% from 1,387 in the same period last year. He also expected that the registration of the sale of industrial buildings in May could still be maintained at a high of nearly 600. As the developers actively acquire industrial building properties and activate and dismantle them, the market will continue to be pretty good.