26/3/2018-1

New Baocheng parking spaces 1.88 million Three breakage in the first quarter Two-month increase of 4.4% Follow-up CCL residential increase

Residential property prices rose sharply, stimulating the synchronization of parking spaces. In recent years, Tseung Kwan O has continued to have new arrivals. The transaction price of parking lots for various housing estates in the region has reached a record high during the year. The latest one was sold for 1.88 million yuan for the Xinbao City parking lot, which was higher than the high of the parking lot at the beginning of the year by more than 4.4. %, an increase of approximately 5.1% over the same period in the Central Plains City Leading Index CCL (CCL).

Hong Kong Estate Assistant Divisional Director Liu Haoqin pointed out that a double-decker parking lot in Xinbao City was released for about one month and was recently sold at a price of RMB 1.88 million, which was the most expensive parking space in the estate. The original owner bought it for 500,000 yuan in April 2012, and sold it for nearly 6 years. The book earned 1.38 million yuan (about 2.8 times); the current market value of Xinbaocheng parking space is about 3,800 yuan per month.

No SSD restrictions to attract funding mooring

According to the survey, the transaction price of the Xinbaocheng parking lot has been broken for the third time this year. The first parking lot number was sold for RMB 1.8 million at the beginning of this year, but the relevant record only lasted for about one month, that is, it was another parking lot number space. After surpassing 1.85 million yuan, the number of double parking spaces in the basement warehouse was newly set at 1.88 million yuan. The transaction price increased by more than 4.4% from the high of the beginning of the year, and the CCL rose from 165.59 to approximately 5.1% of 174 in the same period.

Liu Haoqin frankly stated that the sale of parking spaces is not affected by the 3-year period of extra SSD, and the transaction is relatively flexible, attracting some investors to park funds in such assets; and the continued increase in prices of residential property owners in the same district has also caused some funds to be transferred from residential to parking spaces. The market has caused the price of parking spaces to rise.

In fact, at present, 11 parking spaces in Xinbao City have reached an intraday price of 1.85 million yuan, which is 100,000 yuan (about 5.7%) higher than the 1.75 million yuan at the beginning of the year. As regards the most expensive one, the price of intention increased significantly from $1.9 million at the beginning of the year to $2.82 million. The increase was as high as $920,000 (approximately 48.4%).

In addition to the availability of private parking spaces, there is no shortage of accommodation capacity in the Tseung Kwan O Habitat. According to Liu Haoqin, a double parking space on the first floor of HOS International Estates had earlier been used by the owners of the same estate to spend $1.52 million. The difference between $20,000 and RMB1, 000 had affected one parking space on the first floor of the housing estate and became the most expensive in the area. Home parking spaces king. The original owner purchased it for $270,000 in November 2010, earning RMB 1.25 million (approximately 4.6 times). The current parking space of Beverly Garden is about RMB 3,000 per month.

Number of 1.84 million new records for Kingswood Lake

There is also a new breakthrough in the parking space of Kingswood Villas in Tin Shui Wai. Wu Yaozu, a regional sales manager of Centaline Property, said that a single parking space in the United States Lake was sold for 1.44 million yuan yesterday, pushing the old record again by 40,000 yuan (about 2.9%). The original owner entered the market with RMB 500,000 in July 2014 and made a profit of RMB 0.94 million (about 1.9 times). At present, the market value of parking space at Kingswood Villas is about RMB 3,000 per month.

Wu Shaoming, chief executive of the Midland Residential Property Department, pointed out that in recent years, our economy has been improving and “more people have gone to buy a car”, which has caused a significant increase in demand for parking spaces. Coupled with rising property prices, some investors have also switched their funds to parking spaces. In the market, the transaction price of parking spaces was pushed up significantly. In particular, the increasing population of Tseung Kwan O, many housing estates have joined in succession in recent years. “But the parking lot (supply) in the squatter’s estate itself is insufficient and naturally it is necessary to buy other parking spaces (parking spaces in the same district)” to drive demand for parking spaces in the area. The increase in the number of parking spaces in the area will increase the outperformance of other areas.