Ten estates recorded over 100 transactions for 13 consecutive weeks

Ricacorp real estate branch data show that from January 8 to January 14 in Hong Kong 50 target estate accumulated 139 cases of sale, compared with January 1 to January 7 of 134 cases An increase of 4% recorded more than 100 transactions in 13 consecutive weeks. The secondary transactions stabilized at a decent level.

Regal Real Estate Director Chan Tai-Wei pointed out that the stock market and the property market in 2018 are opening bright performance, market sentiment continued to rise. He added that the Legislative Council passed the renewal of the refunds of refunds for renewal of flats to 12 months. It is hoped that the re-opening of the chain will give positive signals to the property market. With the addition of about a month from the Lunar New Year, some buyers will not rule out the market first. In the next few weeks, it is expected that the second-hand market of the 50-index housing estates will be able to climb steadily.

Hong Kong and Kowloon housing transactions up

By district, the indices of Hong Kong Island and Kowloon last week both rose. The turnover of the New Territories decreased on a weekly basis. Among them, Hong Kong Island recorded a significant increase. Eight index estates in the district recorded a total of 24 last week Trading was up 71% from 14 in the previous week, of which 4 were dealt with even in Grand Promenade, up 3 times from 1 in the previous week. Taikoo Shing, the leading housing estate, recorded 12 more deals, 1.4 times. Heng Fa Chuen and Kornhill Gardens recorded 2 and 3 transactions respectively, doubling weekly and 50% respectively.

In Kowloon, 21 index housing estates recorded a cumulative 62 transactions last week, an increase of 19% over the 52 cases in the preceding week. Of the total, 7 and 4 cases were recorded in each of Metro City and Tseung Kwan O Center, up by 1.33 times and 3 times respectively over the previous week Fold. Laguna Verde recorded two transactions, up 1X on a weekly basis. Four and nine transactions were held at Metropole Harbor and Mei Foo Sun Chuen, up 33% and 29% respectively on a week-on-week basis.

As for the 21 target estates in the New Territories, 53 were traded at a 22% decrease on a week-on-week basis. Among them, only one case was registered in the Bay Park last week, a 80% decrease from the 5 cases in the previous week. Kingswood Villas & For instance, the sales volume of Tai Po Center dropped from 3 in the previous week to 2 in the previous week and 33% in the week. . In addition, among the 50 target estates in Hong Kong, 10 estates recorded “zero transaction” last week, the same as in the previous week with two and three on Hong Kong Island and Kowloon respectively, while the New Territories 5