Prices of private buildings rose even further by 19% to MOP $ 10,000 each

However, the Rating and Valuation Department announced that the selling price index for private buildings in October was reported at 342.4 points, an increase of 19 months and a breaking peak for 12 consecutive months. Among them, the sub-units below 430 sq ft were the locomotives of the city of Lansheng. The prices of the trains in the New Territories rose 2.5% on a monthly basis and the admission fee was $ 5 million. The proxy means that of the 50 target estates in Hong Kong, the remaining two with an average footfall of less than $ 10,000 are Daxing Garden in Tuen Mun and Kingswood Villas in Tin Shui Wai. It is expected that a price of $ 10,000 will disappear in the first half of next year.

The CPI for private homes in October was reported at 342.4 points, an increase of 26% over 19 months, a slight increase of 0.53% in a single month, breaking the top for 12 consecutive months. Compared with 304.3 points in October last year, 12.5% ​​increase year-on-year. Except for a decrease of 0.16% on a monthly basis for units of 1,724 sq ft or above, the rest recorded an increase of up to 0.9% in units of 754 to 1,076 sq ft.

Fine units outperform the market

431 sq ft below the unit, in October index reported 377.6 points outperformed the market, up 0.24% monthly, up 12.6%, the increase in pace with the market. Based on the average price per square foot in the New Territories, the monthly increase in the New Territories was 2.5% at an average price of $ 11,600 and an admission fee of $ 5 million was required for admission to the market.

Chen Hai Chao, director of Real Estate Research at Richemont, said that only 50 of the 50 target estates in the bank had an average of $ 10,000 below the average of $ 10,000. They were Daxing Garden in Tuen Mun and Kingswood Villas in Tin Shui Wai respectively. The average Compared to $ 9,865 and $ 9,242 for January. Compared with January this year, there are still six estates under $ 10,000 each. All are located in the New Territories, including Belvedere Garden in Tsuen Wan, Central Park Towers in Tin Shui Wai, Fairview Park in Yuen Long , Tung Chung Ying Wan Park, Tuen Mun Tai Hing Gardens and Tin Shui Wai Kingswood Villas.

He said Hong Kong’s economy is good and the jobless rate is low. Coupled with the frequent turnover of “high price” kings, property prices are expected to rise by 5 to 10% next year. “In the first half of next year, estates priced at $ 10,000 per square foot are believed to be worthless Track market. “