Constantly 150 million holdings of old buildings in To Kwa Wan
According to information provided by the Land Registry, Hang Seng (0012) or related parties re-holdings of units in old buildings in To Kwa Wan area involving property in To Kwa Wan 72 to 76 A Road and 72 to 74 Lok Shan Road, involving a total of 30 transactions. The unit transaction price ranged from 3,578,500 to 7,157,000 yuan, involving a total amount of more than $ 153 million.
Roll to be granted approval to spend 13,000 new 14-month high
Another developer actively deployed a new unit for sale. Last month, a total of 4 new residential units were newly opened for pre-sale flats, involving a total of 1021 units. However, projects approved for pre-sale consents during the same period only had 1 small-scale residential unit, Pending approval of the building unit reached 13,512 units, with a 8.1% increase month-on-month and a 14-month high.
According to the Lands Department, the largest number of newly recruited projects in January was URA’s 8, Hok Yuen Street, URA, involving 493 units.
Last month, four residential new foreclosures were sold 1021
For private developers, Chuang Shing China (0298) applied for a pre-sale application for Yew Wharf project in Tuen Mun involving 371 units. Another project (948 Sai Wan Ho Street, Shau Kei Wan) co-organized by UBM (0488) and the URA also applied for Pre-sale, a total of 144 units; and Emperor International (0163) Tuen Mun Tai Lam house project involving 13 houses.
Yuen Long small real estate approved only pre-sale
As for the only pre-sale consents agreed in January, it is only for the provision of 8 units of ROYAL GEM at 38 Kam Sheung Road, Yuen Long, a small developer, and is expected to be completed in June next year. It should be noted that the aforesaid January The number of residential units and flats approved for pre-sale is the lowest in three years.
Zhang Beilei, a senior manager of APCIC, said that in December last year, there were a number of new applications for large-scale projects, some more frequently over a thousand units, which rose to a 20-month high of 3,430 in December last year. Compared with the first month, the number of flats in the first month has dropped significantly.
She added that only one project was approved for pre-sale in the previous month. As the number of newly-applied pre-sale flats was significantly larger than that of the approved units, the accumulated number of uncompleted uncompleted uncompleted flats for sale rose to more than 13,000 on a monthly basis. Since November 2016 A record high of 14 months was recorded for the first time after 13,312 units were kept pending.