50 major Jiasha price fell below 10,000 yuan
According to the report of the Midland Industrial and Commercial Store, the price of the 50 major buildings was slightly lower, and the price was lower than 10,000 yuan.
Recently, the atmosphere of office building has been slowing down, and the price of admission to Jiasha has fallen. According to the “Commercial Newsletter" report published by the Midland Industrial and Commercial Bureau Information Research Department, with the recent weakening of market conditions, the bargaining space of commercial building owners has expanded, and the price of the 50 major Jiaxia admissions has dropped slightly. At the same time, the price of the price is less than 10,000 yuan. The market for the sale of orders has also increased slightly.
The investment climate is weak, and the landlord’s bid price is falling.
The report pointed out that due to the weakening of the investment market atmosphere, the asking price of some commercial building owners has declined. As of the end of last month, among the top 50 buildings, the price of admission to a total of six buildings fell from August. Among them, the entrance price of the Shun Tak Centre in Sheung Wan dropped to about $31,000, down by 3.1% month-on-month.
In addition, the Kwun Tong Wan Siu Fung Centre also re-emerged the selling price of less than 10,000 yuan, making the number of 50 major buildings with an entry price below 10,000 yuan, and the latest return to the level of 2 blocks. The other is Phase 1 of the Kowloon Bay Corporate Plaza. The entrance price is about $7,800. Although individual owners are willing to broaden their bargaining space, on the whole, the asking price of many owners is still tough, and the overall downward adjustment of the price of the company is still slight, which has led to a lot of competition.
In terms of rental price, the price of Jiasha, the indicator of last month, fell slightly by less than 0.1% month-on-month. It was adjusted for the third consecutive month, with a cumulative decline of only about 1.7%. In contrast, the company continued to “catch up” and the price rose by 1.7%. Out of the Class A commercial building, the total price of the company has risen by more than 14% since the beginning of this year. Among them, the price of E-Bing in Central rose by 4.1% month-on-month, and the latest average price was about 23,455 yuan, a record high. In addition, office rents performed well last month. The rentals of the indicators of Jiaxia and Yisha rose by about 1% and 0.4% respectively.
Weng Hongxiang, director of the operation of the Midland Industrial and Commercial Bureau and director of the commercial department, said that the recent Sino-US trade war has intensified, affecting the market sentiment, which not only caused the trading to fall, but also led to an increase in the bargaining space of the owners, and the cost of the building was also slightly reduced. He believes that this will provide a good opportunity for long-term investors to enter the market.
Looking ahead to the market, he expects that the overall commercial construction cost will be slightly softened in the next few months, but for each transaction, the price will be mixed. On the one hand, some of the homeowners purchase the property they want, so they will enter the market at a high price. On the other hand, some of the more conservative owners are expected to sell the property at a low market price, thus making the office building price polarized.