Second-hand property prices rebounded

Second-hand property prices rebounded

The second-hand property market is booming, buyers’ confidence in the market has increased significantly, and the construction price has shown signs of recovery. However, the bank may not cooperate with the valuation immediately. The 2 households in Tsing Yi Ying Cui Peninsula Seaview recently sold for 9.25 million yuan, but the valuation is insufficient, and the price is lower than 9%. . The property market is on the corner, and buyers should be prepared for valuation when they enter the market.

In the past two days, the market has recorded second-hand transactions with at least six transactions. The transaction price is lower than that of the two major banks, BOC (02388) and HSBC. Among them, there were quite a few transactions, and the property price hit a new high in the past two months, including a high-rise sea view household at 11 high-rises in the Ying Cui Peninsula in Tsing Yi. The transaction price was 9.25 million yuan, belonging to the 2 housing estates of the housing estate. The first one broke through 9 million yuan in recent months. Transaction.

Buyers chasing prices into the market

However, the bank valuation has not increased significantly in recent days. The two major banks valued the units, respectively, at 8.06 million yuan and 8.43 million yuan, that is, the minimum transaction price was 8.9% lower. The agent pointed out that since only one transaction was recorded in the housing estate last month, the bank’s valuation did not have sufficient data to make adjustments, so the valuation was relatively backward. Seven transactions were temporarily recorded in January and are expected to be reflected in future bank valuations.

Recently, the price of fine building prices has been relatively obvious, reflecting the fact that the passengers in the market have a strong desire to enter the market and are more likely to have insufficient valuation. For example, in the Sha Tin Riverside Garden, the cost of the first-line river view households fell to 4.1 million yuan last year. The latest high-rise apartment in Block C, the building price has rebounded to 4.48 million yuan, and the bottom position has risen by about 10%. However, the bank’s valuation of the unit is only 4.22 million yuan, which is 260,000 yuan lower than the cost, and the range is about 5.8%.

The clear water bay peninsula is reduced by 900,000 baht.

The increase in second-hand transactions reflects the increased confidence in the market, which is good for the property market and promotes buyers to enter the market. However, the bank’s recent assessment of the valuation has not shown any significant signs of recovery, and it has the greatest impact on the number of passengers who have less funds to enter the market. If the valuation ultimately fails to catch up with the property price, there is a greater chance of “lifting money on the meeting.” The industry is calling for a corner in the property market, and prospective buyers should be prepared for valuation. In addition, there were still negative factors in the market in the first half of the year, including Sino-US trade war negotiations, and the slowdown in economic growth in the Mainland. When buyers enter the market, they must also consider the extent to which individuals can take risks.

Second-hand trading is booming, but the owners still need to reduce the price to facilitate the transaction. Lin Zhijian, the sales manager of Midland Realty Branch, pointed out that the middle floor of Room G of Qingshuiwan Peninsula has a practical area of ​​481 square feet, with a price of 6.9 million yuan, a reduction of 900,000 yuan, and a price of 6 million yuan. It belongs to the two-bedroom building in the past two months. The price is low, and the price is 12,474 yuan. Secondly, Yuan Xian’an, manager of Zhongyuan Real Estate Branch, said that the 6th floor of the middle floor of Jiagui Building in Huangpu New Village, Hung Hom, has a usable area of ​​341 square feet, which was sold out at 5.6 million yuan and fell below 6 million yuan to create a high-value mortgage.