Ma On Shan last month trading volume by half

In 2006, the market outlook for the second-hand property market continued to be weak, and individual housing estates recorded a new monthly low volume since the beginning of this year, and 60,70 of the Ma On Shan area remained in trading Down 5 percent.

In May, the private housing estate in Ma On Shan District recorded only 35 transactions, down by nearly 5% on a monthly basis. The degree of quiet trading was comparable to that of the Lunar New Year holidays. Many housing estates are “not open”, even if they are recorded only in the number of units.

In the case of Newport City, Ma On Shan Station, for example, only four transactions were recorded for the whole month. However, there were no more high-quality households to receive, with an 8% increase in the price per square foot, the latest average price of $ 15,720, Yuan put a handful of few.

In the face of sparse trading, Zhang Baihua said that some of the owners of the price has been renewed bid price, but the reduction is less than the buyer expected, coupled with the continued launch of a new disk, frozen purchasing power, resulting in sluggish transactions in July Turnover is still low in the hovering.