This year’s building sales registration record is the third highest in history
The Central Plains Real Estate Research Department announced yesterday that this year, as of the 12th of this month (last Wednesday), the registration of property sales contracts (including residential, parking spaces and industrial and commercial properties) was temporarily recorded at 77393. , equivalent to 710.75 billion yuan. The bank expects to record 78,750 cases, equivalent to 724.5 billion yuan, the third highest in history since the record.
According to Centaline Property, the number of building purchase and sale registration contracts for the whole year was only lower than the 726.4 billion yuan in 2017 and the 868 billion yuan in 1997. On a monthly basis, 1238 and 12.41 billion yuan were temporarily recorded in December. It is expected to record 2,600 and 26 billion yuan in the whole month, down 34.2% and 40.0% respectively from 3,953 and 43.33 billion yuan in November.
Kaihui Hot Sale stimulates the overall market
Huang Liangsheng, senior co-director of the Central Plains Real Estate Research Department, said that the market conditions in November were significantly weaker and the developers suspended the push. In addition, the December holiday coincided with the Christmas long holiday, and the number of working days decreased, resulting in a significant drop in numbers. He continued to refer to the recent hot sale in Kwun Tong, which is believed to help stimulate the overall market. It is expected that the registration figures will pick up in January next year.
For the first-hand private residential sector, 15222 and 218.50 billion yuan were recorded this year. It is expected to record 15400 and 221 billion yuan for the whole year, down 16.8% and 9.0% respectively from 18,501 and 242.88 billion yuan in 2017. Although the first-hand trading fell back, the amount will be the second highest in history, only lower than last year’s level.
The newest number of registrations in December was Tai Po Hai Ri Wan, which was temporarily recorded at 25, equivalent to 610 million yuan. Followed by the Yuen Long Butterfly Cuifeng 5 period Shang Yue. Ling, temporarily recorded 18 cases, equivalent to 0.7 billion yuan. The Ho Man Tin Tin Casting Phase 1, Tseung Kwan O Monterey and Yau Tong Hai Wan Bay were also temporarily recorded with a total of 580 million, $140 million and $0.7 billion respectively.
As regards second-hand private housing, there were 37,823 and 321.77 billion yuan temporarily recorded in 2018. The forecast is 39,000 and 332 billion yuan, up 1.9% and 11.1% year-on-year. The second-hand value will be the third highest in history, only lower than the 41.79 billion yuan in 2010 and the 528 billion yuan in 1997.