New disk freezes purchasing power
In the first quarter of next year, there will be more than a thousand large-scale new launches. The market conditions are still unclear. It is expected that the developers will still be priced in the market, and the purchasing power will continue to tilt the market. It is expected that second-hand trading will further shrink.
In the first quarter, a number of large-scale new discs will be deployed, which will freeze the purchasing power of the market in the new market. Two of the projects provide more than a thousand units, including: Tai Po Lichee Mountain Diamond (1,620), and South West Kowloon.玺 New Phase 1 (1,172 gangs), two project types are diversified, of which Tianzhu is from 1 to 4 rooms (even double suites), which is suitable for boarding and changing customers in the market.
New disk pricing + high mortgage
Chengguan Tongkaihui is selling well, and more than 1,300 people have been sold. The property market is slightly better. However, developers are still not willing to act rashly. They will increase their prices slightly. For the Lanzhou City, Yuen Long, the latest additions will be recorded in 6% of the price reduction. This reflects that the developer’s pricing is still not very aggressive. The current sales target is The goods are mainly rotated.
The new disk is priced at the market, and the supply is high. Second-hand trading and property prices seem to be at a disadvantage. Although the small owners are willing to reduce their prices, they have stimulated the trading of the top 10 housing estates in the past two months, and they have rebounded to more than 100. However, compared with 233 in April this year, which is still less than half, it reflects that buyers are worried about falling prices and entering the market. The desire is still low.
Looking forward to the performance of second-hand trading in 2019, first analyze the medium-priced properties with a property price of over $10 million. The traditional second-hand housing estates can only apply for up to 50% of the mortgages, while the new ones can provide up to 80% of the mortgages. Still switching to the new market. For example, the Taikoo City in Quarry Bay, which provides more than 10,000 people, has recorded a volume of less than 20 in the past six months, reflecting that the second-hand mid-priced property market is still weak.
New home ownership to kill second-hand competitiveness
As for the property price of less than $6 million, it is possible to build a high-volume mortgage on the market. Next year, it may be affected by the subsidized housing market. In the specified year, there will be 5 new HOS flats offering about 6,500 people. It is expected that many passengers will prefer to wait for the sale of new homes, and the purchasing power of the market may be frozen. In fact, after the completion of the new HOS flats in November, the trading volume of the Sheung Wan Estate and the Sha Tin City in December was still falling, reflecting that the trading volume has not increased due to the inflow of new HOS flats.
The new disk pricing is posted on the market, and high-margin mortgage offers, as well as the increase in the number of new homes next year. Under the three factors, it is expected that second-hand trading volume will shrink again next year.