3/8/2018-9

New home policy issued “Full Moon” Second home transaction fell more than 50% New home ownership 50% off sale Second-hand bid price is down

Since the introduction of the new housing policy at the end of last month, after nearly a month of “baptism”, the new HOS pricing mechanism has been changed to 50% off, and it has an immediate impact on the transaction and cost of the HOS secondary market. The volume has fallen by more than 50% on a monthly basis. The market has a strong wait-and-see atmosphere. Recently, many owners have successively lowered their bidding prices and expanded their bargaining space. The cost has also been slightly softer than before. The industry has pointed out that after the launch of the new housing policy, the The hot second-hand HOS market has cooled slightly, bringing a short-term cooling-off period. It is expected that the volume of the second-tier market will fall down in the future. Newspaper Real Estate Group

The new HOS flat pricing mechanism will be sold at a 50% discount. As a result, the overall transaction volume in the second district market has shown signs of retreating. Some real estate agents have revealed that the 50% discount on new HOS flats directly “robbed” customers. A sharp drop in the market, the trading volume fell to a lower level. Among them, the volume of Shatian District fell the most, with only one transaction in a single month.

The volume of each district has dropped rapidly

The trading volume of the Yuen Long and Tuen Mun Districts of the Cheung Wah Estate also recorded a decrease. The Yuen Long District temporarily recorded 11 transactions in this month, representing a decrease of 60% from the previous month. The latest market information in Tuen Mun District means that only one transaction was temporarily recorded this month, which was more than 80% less than the six transactions in the previous month. In addition, the number of transactions in the more than 20 estates in the Wong Tai Sin District was recorded as a decrease of 50% as compared with the previous month. The volume of transactions in the Eastern District and the Sai Kung District, including Tseung Kwan O and Kwai Tsing, also decreased.

Mr. Wang Dun-ting, President of Cheung Yii, said that after the 50% discount on the launch of the new HOS flats, most eligible members of the public will be required to purchase the HOS flats. It is expected that the transaction volume of second-hand HOS flats will fall sharply in the short term and the selling price will be adjusted. He thinks that the market needs two Digest the news until three months, after which the volume and price will return to normal levels.

Industry: It takes two to three months to digest

A number of transactions in the second housing market were also recorded before the launch of the new housing estates. The second market was immediately responded to by the new housing estates. Wu Yaozu, the business manager of the Central Plains sub-region, said that both the bidding price and the selling price of the second market in Tianshuiwei area showed signs of softening. Many owners were willing to accept the bargaining price of the buyers. Recently, there were many cases that were slightly lower than the market price. Among them, there are eight high-rise rooms in Block F of Tianshengyuan, covering an area of ​​650 square meters. It is a three-bedroom suite. The owner has sold about 5.68 million yuan a few months ago, insisting on the price, but the attitude of the new house. Instant softening, the recent price reduction of 130,000, and finally to 5,550,000, the price of about 8 538 yuan.

Mr. Wu Yiu continued, after the new HOS policy, some owners in the district also immediately lowered their asking prices. They considered that after the lowering of the new HOS flats, they would provide more opportunities and choices for the public. Under the influence of the new policy, many car owners will pay the price. There is room for downward adjustment and a wait-and-see attitude towards the market, while some owners’ attitudes have gradually softened. Scholar: The second home is cooled

Wu Boxiong, an associate professor of economics at the Baptist University, said that the government has introduced a number of new housing policies, including the allocation of private residential land development subsidized housing, decoupling HOS flats from market prices, increasing discounts and tightening restrictions on transfers, and directly affecting the policy. In the second market, it is believed that buyers will wait and see in the short term. The trading will be cooled down. However, in the long run, it will help the public to settle down in their homes.

Mr. Lam Ho-wen, Senior Director and Director of Valuation and Counseling at Knight Frank, said that after the price of HOS flats has been significantly lowered, it is expected that many people will participate in the drawing of new HOS flats. It is expected that the short-term trading in the second market will continue to slow down until the batch is occupied. After the housing results are released, it is expected that a large number of new homes will be returned to the market, and the volume will return to normal.

Failed to meet housing needs

Zhang Zhichu, executive director of Colliers International Asia Valuation and Consultancy, said that the new housing policy will help low- and middle-income people to settle down in the home market. It will also cool down the hot second-hand HOS market and bring a short cooling-off period. The overall transaction volume will fall.

The discount on new HOS flats has greatly increased. Many people have been worried about the new pricing of HOS flats. It is expected to attract more people to join the lottery. However, the supply quantity has always been limited and it has not met the market demand for home buyers.