18/10/2018-8

5,500 items in the sale of materials in October rose 15% month-on-month

as of October 10, the number of registered property sales contracts (including residential, parking spaces and industrial and commercial properties) in Hong Kong was temporarily recorded at 2063 and 17.38 billion. The Central Plains expects that the number of building transactions in the whole month will be 5,500 and 49.5 billion yuan, up 14.6% and 8.8% month-on-month.

The overall increase in the number of registrations was mainly attributable to the relatively good sales of a number of large new discs during the period of September. As a result, the first-hand registration returned to 2000 levels in October and was again higher than the second-hand registration figures in the same month after 14 months.

The new record for the highest number of temporary registrations in October this year is the LP6 of Sunrise Kangcheng 6 in Tseung Kwan O, with a total of 716 and 5.173 billion. Nanchang Station Huijing II followed closely, with 72 records and 1.216 billion yuan. The third place is Xiying Panyi Lifang• No. 1, with a temporary record of 34 and 268 million yuan.