Ten major housing estates, two days, 11 transactions, 5 months, most
The Sino-US trade war has eased, and with the release of the results of the new homes, the release of some purchasing power has led to a rebound in second-hand trading. The top ten housing estates of Centaline Property and Midland Realty recorded 11 transactions in the past two weekends (December 1 and 2), which doubled the volume in about five months.
Consolidation of the New Territories
The top ten housing estates in Central Plains have recorded 11 transactions in the past weekend, which is 83.3% more than the previous weekend’s six. It is the weekend with the highest volume in the past five months after July 1. The transactions were mainly concentrated in the New Territories, with a total of 9 cases in Tin Shui Wai and the first city in Sha Tin. The Tai Kiu Estate in Quarry Bay and the Metro City in Tseung Kwan O recorded one sale.
According to the statistics of the top ten blue-chip housing estates of the Midland Real Estate Branch, about 11 transactions were recorded in the past two days, up from 1.2 times in the previous weekend, and rose by 1.2 times per week, and returned to double digits, since June 23 and 24 24 weekend highs since the day. The 11 transactions were all from the Tsuen Wan Centre, Sha Tin Town One and Kingswood Villas.
Chen Yongjie, vice chairman of the Asia-Pacific region and president of the residential sector, said that the Sino-US trade war has temporarily ceased to be a good news for the property market. After the announcement of the results of the new homes, the sale of the boarding estates in the New Territories was also stimulated. The main reason was that the price of the medium and low-priced housing estates was significantly reduced. It was adjusted by nearly 15 to 20% from the mid-year high and attracted the passengers to enter the market.
Bu Shaoming, chief executive of the Midland Real Estate Department, believes that the tension between China and the United States has eased slightly, and has positive support for the market outlook, adding confidence to the market. As December is a traditional off-season, and many developers are still actively pushing the market, it is expected that the owners will need to further expand the bargaining range to attract customers, and it is expected to break through the speed of the transaction.
Based on the data of the property, the top ten index housing estates recorded six second-hand sales in the past two days. Liao Weiqiang, president of Lijiage Real Estate, pointed out that the Sino-US trade war negotiations are now dawning, and the purchasing power after the home ownership is gradually released. Under the wait-and-see atmosphere, as long as the owners are willing to lower the bidding price and expand the bargaining space, it is believed that they can stimulate buyers to enter the market.