Parking lot hot bank valuation is seriously inadequate
Recently, parking spaces stir up, prices hit record high, but a serious shortage of bank valuation. Only 10 of the ten highest-priced parking spaces in Hong Kong can be estimated at the price of $ 10 million and a low transaction price of half of the Sha Tin Jiu Long Mountain parking spaces in the New Territories.
Residential car prices rise at an alarming rate, up to more than 5 million yuan, worth the same as a residential unit. The newspaper estimates the 10 most expensive parking spaces, of which only three are “estimated prices”, but less than 1% of the transaction price.
As for the other seven underestimated parking spaces, especially in Sha Tin Jiu Nong Nong mountain parking spaces with the highest price difference, the house of the LG layer of a pair of parking spaces last week to 4.24 million yuan sold in the second-hand market, innovation industry Parking height is high, but the parking lot is currently the highest valuation of 2.1 million yuan, 50.5% lower than the transaction price, even more than the first quarter of the car park price of 2.2 million yuan, down about 5%.
Lack of supply Jiu Long Shan 2 fight 1 parking spaces
Midland’s senior business manager, Liao Meiguang, said that the proportion of parking spaces in the estate was close to 1 to 2, that is, an average of two vehicles per vehicle, but most of the households also held more than one private car. , Even if the parking spaces have bid price of 4.5 million yuan, the final household buyers also received 4.24 million yuan for personal use.
In addition, the parking spaces on Hong Kong Island and Kowloon are also undervalued, such as the double parking spaces on the 1st floor of Sai Ying Pun, Hong Kong, Hong Kong. Last month, it was $ 5.18 million. The parking lot of the parking spaces was $ 4.6 million. 5 million yuan, 11% difference. He Wen Tian Tian cast a second floor of a single parking spaces, the valuation of 4.3 million yuan, compared with the transaction price of 4.5 million yuan, more than 4% difference.
Valuation is lower than the price
Meridian mortgage market director Liu Yuanzhong pointed out that the bank mainly to the district’s parking supply for the valuation reference, if the buyer is required to undertake mortgage, pay attention to parking spaces up to 4 percent. To the above Jiu Long Mountain parking spaces, for example, if the parking price and valuation of the same as the 4.24 million yuan, up to 169.6 million yuan, the first phase of 254.4 million yuan, but the valuation of only 2.1 million yuan, the amount can be reduced to up to 840,000 Yuan, the buyer should pay more than the original 866,000 yuan (ie 3.4 million).
The Government’s Valuation Department, which is the director of the Urban Enterprise Valuation Department, said that the Government had imposed a half of the exemption on the grounded area in 2011, while the floor depot was fully exempted but costly. The disk only provides the required number of parking spaces, coupled with the good economy in recent years to promote the wealth effect, increasing the number of cars, in short supply, I believe the future parking costs difficult to fall.
However, he reminded that, in view of the rapid increase in parking spaces, most of the parking lot rental fell to less than 2%, the investment value of the decline, coupled with the car is a luxury goods, once the property market reversal, parking value decline is relatively large, if investors want to buy parking spaces , Must consider the financial strength and future resale appreciation space, do not blind speculation.