Second-hand buyers do not buy soft goods

Hong Kong’s second-hand property market atmosphere is also not affected by interest rate hikes. Liao Weiqiang, president of Lijiage Real Estate, said that in the past weekend (16th to 17th), 11 cases of second-hand housing transactions were recorded in 11 index housing estates, which was an increase of 1 or 10% over the previous weekend; and taking into account the Dragon Boat Festival holidays, 3 Japan recorded a total of 17 second-hand sales, reflecting the continued pace of buyers entering the market.

Short-term second-hand stable trading

Liao Weiqiang bluntly stated that even if news that the United States raises interest rates and Hong Kong’s primary vacant tax is about to be introduced, it has no effect on the secondary market, and the general owners and buyers have the same mentality, and the atmosphere for entering the market is still good. He expected that the amount of second-hand housing transactions in the short-term, I believe it can maintain a relatively stable level, depending on whether the first hand new disk is actively launched to attract customers, seize the market focus and purchasing power.

In terms of region, Liao Weiqiang said that the three-day holiday season was the most active in the New Territories, with nine transactions being cumulative, and Kowloon and Hong Kong Island had six sales and two transactions, respectively. In terms of housing estates, the performance of Kingswood Villas in Tin Shui Wai, New Territories was the most prominent. Four transactions were recorded in three days. Second, there were three transactions in the “First City in Sha Tin” in Shatin, New Territories.

In addition, according to statistics from Midland Property Branch, just last weekend, the bank’s top 10 blue-chip housing estates recorded a total of about 12 second-hand sales transactions, which was a 4 or 50% week-on-week increase over the previous weekend. If calculated during the Dragon Boat Festival holiday, about 16 transactions were recorded in 3 days.