Central Plains: Peak Southern District, a second-hand trading to see the rise
Recently, the Middle East real estate outlook in the third quarter of the Peak south of a second-hand turnover up, luxury prices stable, hot demand, the traditional luxury property investment was a high line.
Centaline Property Peak North District Director He Zhaotang said the second quarter of the Peak in the Southern District recorded a total of 38 luxury sales, up 35.7% year on year, a total turnover of about 5.71 billion yuan.
The area of foreign trade in the second half of the transaction increased by 3 percent
According to the Central Plains real estate statistics, billion huge amount of trading volume is still a low level, the area has been recorded for 20 consecutive months more than 100 million yuan turnover number, more than 100 million yuan this season, recorded six cases, compared with the previous quarter More than one case, accounting for 19% of the total number of transactions, capital fell to 2.501 billion yuan. The peak of the quarter is concentrated in Repulse Bay Road, South Bay Road and Tai Tam Reservoir Road and other front-line lots, accounting for 50% of the total turnover.
Looking forward to the third quarter, the region has a number of first-hand projects will be launched in the second half of the market, such as the Red Hill Peninsula houses, developers to prepare a new model house in the second half of the sale. Looking forward to the first half of the mansion in the second half of the volume will increase by 3 percent, the developer to the market price of goods.
The second-hand market, the volume steadily increased by 20%, second-hand owners to change the floor and the activities of frequent reduction, the actual demand for luxury mansion. Property prices are expected to rise by 5% to 8%, and property prices are still low. As the building to stop the activation, commercial prices, the Peak in the south of the mansion set off treasure hunt, private equity investors or switch to traditional luxury properties.
On the other hand, Fong Foo-yi, an assistant manager of Midland’s Midland Luxury Property, said the Peak District recorded about 107 transactions in the first quarter of this year, compared with about 161% in the second quarter. Although the recent Peak District, the property market wait and see atmosphere thickened, but due to the local property supply is rare, and sought after by the market, it is expected in the second half of the owners still maintain a reluctant attitude, so the price will continue high.