Industrial and commercial shops in August 693 transactions fell 18%
Richemont shop reported that in August, 693 cases of commercial and commercial shops, a 5-month low.
Li Jialing (industrial and commercial) real estate director Huang Yingnian said the sale of the peak of the holiday and the summer off the season, the sale of industrial and commercial shops for four consecutive months hovering more than 800 after the final fall. According to the Richemont Property (GFS), a total of 693 industrial and commercial properties were registered in Hong Kong in August 2017 (the figures mainly reflect the actual market conditions 2 to 4 weeks ago), down 18% from 849 in July, A record low of nearly five months, and 7% less than the average of about 746 per month since the first eight months of this year. However, under the record increase in the number of high-priced property registrations in industrial and commercial shops, the total value of the sale and purchase contracts in August did not rise or fall, recording $ 9.882 billion, up by 7% on a monthly basis. In the first eight months, there were 5,971 registered sales of industrial and commercial shops, nearly 3 times higher than the 3,009 cases in the same period last year.
According to the three categories of commercial and industrial categories, the monthly performance of the building is relatively poor, the purchase and sale of the amount of even in the rise after 5 months after the softening, but still more than 400 cases of relatively high level; Xiamen recorded 447 registrations, down 26% on a monthly basis, but still accounted for nearly half of the total turnover of industrial and commercial shops. Which regardless of high prices or low-cost industrial and commercial transactions are expected to fall, reflecting the overall market conditions in the demolition after the peak and summer factors are more quiet. However, in the individual large-scale registration, driven by the amount of property sales last month did not fall 27%, recorded 4.442 billion yuan.
Commercial 126 turnover rose 13%
Commercial store sales in the early high after the fall in July, successfully found the bottom of the search, in August against the market recorded a slight increase in the three major categories of industrial and commercial areas recorded the only increase in the category; August commercial sale of a total of 126, up 13% from July. Among them, the number of commercial registrations ranging from $ 5 million to $ 10 million was the most significant increase from 46% to 35 cases in 24 cases in July and became the most active price classification. However, under the slowdown in the registration of large commercial buildings, but dragged down the monthly registration of commercial buildings fell 29% monthly, only recorded 2.487 billion yuan.
Huang Yingnian pointed out that after the end of the summer, the registration of industrial and commercial shops is expected to return to the right track, the current market funds are still abundant, the investment atmosphere is impressive, and the US side of the schedules on the industrial and commercial market will not bring real impact. The stock market has been buoyant for some time, will help drive the investment climate, even after repeated, but also help fund investment property market; is expected in September full month, industrial and commercial shops registered a strong emphasis on the level of about 750.