New batch of pre-sale flats 2.2 times 16 years maximum

A number of large-scale new discs were approved for pre-sale of uncompleted flats, which led to a significant increase in the number of approved units. The Lands Department announced yesterday that a total of 5 pre-sales projects were approved for sale in November this year, providing a total of 4,757 people. The 1481 group, about 2.2 times per month, became the month of the pre-sale of up to 1615 people in the past 16 years since 6215 people were approved for pre-sales in November 2002. In the first 11 months, a total of 19,429 units were approved for pre-sales this year, an increase of about 20% compared with 16,185 in the same period last year. It was also the most in the past 16 years.

The sale of the fifth phase of the Spring Festival after the Spring Festival

In November, five projects were approved for pre-sales, three of which were for more than 1,000 people, including Kwun Tong Kai Hui, which was launched on Wednesday (5th) with low prices and Xinjia (00083). In the first issue, 1025 people were provided. According to the information disclosure of the Lands Department, the second phase of Kaifu, which provided 974 groups, was approved for pre-sale in the previous month. The two phases totaled 1999, and it is expected to be completed in April 2021.

As for the other two, which were approved for pre-sales last month, more than a thousand of which were approved for pre-sales last month. Among them, 1408 were provided by Yijing Baishijiao Hairiwan II, and Xindi (00016) Changsha Bay Nanchang Station was covered by the fifth phase. There are 1172 people. Xinyi, the deputy general manager of the company, pointed out that the property market is in the return phase, and the group expects to launch the fifth issue of the next year after the Lunar New Year.

Thunder said that in the short term, SHKP will launch a new sale of North Point Haitang, Ho Man Tin Tin Cast and To Kwa Wan North Street. Among them, Haicang has already obtained satisfactory paper and will start the handover procedure in the coming week. Xinhan Acting General Manager Chen Hanlin added that the management fee for Haishu is 5.98 yuan per party.

As for Yongtai Real Estate (00369), the Carmel, which is scheduled to be launched next year, has also approved the sale of floor papers in November, providing 178 gangs; the same department, No. 108 (465 gang), Tuen Mun Road, applied for pre-sales last month. Last month, a total of 2,376 new flats were applied for pre-sales, which was the most recent in the past four months. In addition to the sweeping road project, it also included the 7B period (504 gang) of Tseung Kwan O, Tseung Kwan O, which was owned by Wheelock Properties. Finance (00530) Chairman Pan Sutong holds the No. 17 project of Changsheng Street, Hewentian (401 groups), and provides 1006 landlord residential projects in the 1K District of Kowloon East Kai Tak in Kwong International (00173).

Liu Jiahui, chief analyst of Midland Realty, said that due to the high number of approved pre-sales units, even though more than 2,300 people applied for pre-sales last month, the cumulative number of uncompleted flats was still about 17.7%, to 11,407. In November last year, it recorded a new low in the past year since the 9243 group.