19/12/2017-5

Average price of second-hand residential 7.54 million ultra-nearly 97 times

The average price of each second-hand private residential home sold for this year is estimated at about $ 7.54 million. The figures have risen by more than 90% and more than 3 times respectively over the 1997 and 2003 SARS periods.

Ricacorp real estate data show that the estimated total of second-hand private homes for the year recorded a total of about 39,800 registrations, amounting to about 300 billion yuan, with an average transaction price of about 7.54 million yuan, with the exception of the 1997 average price per second-hand contract of about 395 About 90.9% more than about million, but more than the average price of the property market during the SARS in 2003, the average price of about 1.72 million yuan, 3.4 times higher than the figure.

Lijiage expected next year property prices soared 10%

On the primary market, the bank expects to sell about 18500 pieces of registration books this year, amounting to about 245 billion yuan, representing an average transaction price of about 13.24 million yuan each, up 1.4 times from about 5.62 million in 1997, more than in 2003 About 2.86 million yuan during the SARS, an increase of 3.6 times.

LIAO Wai-keung, chairman of Richemont Real Estate, pointed out that due to the continuous shortage of housing supply in the coming two to three years and the fact that the economy will outperform this year next year, it is estimated that the interest rate of Hong Kong will only increase by 0.5% at most next year and the impact on the property market will be limited. The increase is expected to reach 10% or above.

In addition, according to Midland Realty statistics, as of November this year, the average price of second-hand private estates registered in the 50 most-used second-hand housing estates in Hong Kong recorded an increase from the end of last year. The strongest gains were at Deepwater Bellagio, the average monthly price in November Nearly 13,000 yuan, compared with the average price of about 10,300 yuan in December last year, an increase of about 25.9%; followed by the same district Sea Crest, the average foot price from December last year, 8,665 yuan, rose to 10,600 yuan in November this year, An increase of 22.8%.