Macau’s new plate turnover in January reached 1,000
Recently, the property market in Macau has focused on the first-hand property market mainly due to the spate of spikes on the property market triggered by the earlier government announcement. A number of developers have been pushing for new properties and attracting buyers to the market with preferential prices and flexible payment methods. More than a thousand.
The government forecasted to control developers to push the disk
Macau Central Plains real estate Taipa District Regional Director Luo Junming said that reviewing the market conditions in January, the beginning of the month when the market in Macao and the previous January’s trading situation similar to the start of the transaction more slowly. However, as the government predicted that there will be a hot trick out of Taiwan, major developers have pushed for the sale of new discs, unlike previous years, which were chosen after the Spring Festival, about to be deployed in about the same time in March.
Recently there are Sky, Jinfeng. Famous cast, the East Coast real estate sales, but also with different preferential ways to attract buyers into the market, the number of real-time transactions rose in the market, estimated January turnover of about 1,000 cases, becoming the main force in the housing market trading.
The bank pointed out that the new disc at Cotai Strip in Taipa starts at a price of about $ 8,000 per sq. Ft., Which is relatively reasonable. The initial payment method is easy and can wait until the occupation is completed. The mantissa will be settled after about two to three years so that local buyers can calm down On the train, so sales ideal. In addition, the East Coast in Lam Mao Tong area, from 400 to 1,400 feet per unit, is suitable for local redemption in the area, the same 20% of the first phase, with 30-month specialty contract, easy payment, to attract buyers into the market .
Last year recorded 2137 cases of flowers accounted for 2 percent
According to the Macao Finance Bureau, a total of 2,137 flats were recorded for the full year last year, accounting for 20.4% of the total number of 10,452 flats sold in the previous year. On a monthly basis, a total of 535 uncompleted flats recorded in May last year were the highest single month, accounting for 33.2% of the 1,610 cases sold in that month. Last year, the highest proportion of uncompleted uncompleted uncommitted flats reached 41.4% A total of 930 residential transactions were recorded in the month, accounting for 385 of them.
As for property prices, the overall average salable area last year basically maintained at around $ 90,000 per square meter. However, the monthly sales of concessionary units were still relatively high. For instance, in May and from September to November, the overall property prices all rose to between 100,000 and 110,000 The yuan level is mainly due to the higher prices of uncompleted flats. If the transaction volume is increased, the price level of the month will also be pulled high.
Central Plains pointed out that the focus of the market is still inseparable first-hand real estate market turnover to primary transaction, regardless of second-hand housing market or rental market are relatively quiet.