First-hand 5,000 units in the first quarter of the city, the developer accelerates the sale of flats, the impact of tax reduction
After the Chief Executive Lin Zhengyue announced the vacancy tax on the vacant first-hand residential units at the end of June this year, developers have pushed out the sale of the building. However, according to the statistics of this newspaper, from April 2013, the First-hand Residential Property Sales Regulations came into effect in August this year, and nearly 3,200 existing flats that have been approved for sale but not yet sold, together with those not sold until the end of this year. The current flats (including approved or pending pre-sales projects), totaling more than 5,000 people, a rough estimate of the market value of more than 12 billion yuan, equivalent to the total turnover of the new disk in the first half of this year.
Yuen Long Grand YOHO 550 households to be pushed
According to the statistics of the “First-hand Residential Property Sales Information Network”, the newspaper found that nearly 2,100 existing flats for sale from April 2013 to the end of 2017 (excluding village housing properties), and the first eight months of this year have been completed. More than 1,100 existing units for sale have been approved for sale, that is, the number of unsold units in the hands of developers is close to 3,200. If you add more than 1,100 unsold existing buildings that will be pre-sold from September to December, and more than 740 unapproved units that will be completed this year, in other words, not sold before the end of this year. There will be more than 5,000 people in the current building.
Among the more than 5,000 people, the tiered units accounted for nearly 4,600 huts, while the bungalows had more than 460. Based on the average transaction price of each detached house in this year, which is about 10 million yuan (excluding the turnover of more than half a billion yuan), the market value of the stratified real estate for sale is about 46 billion yuan, while the average house price of this year is 168 million yuan. The market value reached 77 billion yuan, and the market value of stratification and houses totaled more than 123 billion yuan, equivalent to the new transaction volume in the first half of this year.
As of August this year, SHKP (00016) is the developer with the largest number of existing buildings for sale. There are about 1,300 gangs, mainly in Yuen Long District, involving about 850 people in 7 sets. Among them, Grand YOHO No. 9 and No. 9 of Langri Road A total of about 550 existing properties were not sold at the end, accounting for about 64.7% of the existing flats in Yuen Long District.
SHKP’s deputy managing director, Lei Yi, said in a high-profile manner last month that the group had changed from “the month and the month to sell” to “weekly building.” Last week, Huaying Group also re-launched its long-term enthusiasm. The developers are eager for bulk cargo, except for the fact that there will be more than 5,000 people in the market for sale in the market this year. The statistics of this newspaper will be completed in the first half of 2019. The units that have not been launched or have not yet sold are close to 3,000, so the development Merchants must speed up the sale of existing buildings to reduce the impact of vacant taxes.
Free to hug your feet or increase promotions
Bu Shaoming, chief executive of the Midland Real Estate Department, said that the government announced the implementation of the vacant tax, which will speed up the pace of the sale of the existing buildings in the near future, and try to clear the goods before the implementation of the vacant tax, so as to avoid rushing, although the sale is now The tail of the property has increased sharply in a short period of time, but the overall supply has not increased. I believe that there will be no pressure on property prices. In addition, developers have the opportunity to increase their offers in order to clear the goods, but there is not much estimated sales promotion.
The first-hand residential unit vacancy tax announced at the end of June is one year after the occupation of the occupation permit. The main reporting unit is used. If the unit has not been used for residential or rental purposes for more than half a year, it will be considered vacant and subject to payment. Paying vacant taxes is equivalent to twice the rateable value, which is equivalent to two years of rent. The new measures will be presented to the Legislative Council in the next legislative year. The implementation date will depend on when the bill is passed.