Demonstration into the city, the ten major housing estates contracted, Taikoo City, only 4 transactions in half a month, Kang Yi reduced nearly 70%
Affected by political disputes, the trading of the top ten residential estates continued to be under pressure. In the first half of July, only 59 transactions were completed, the second quiet month of the year after the same period in June. Among them, the two major middle-class housing estates in Quarry Bay, Kornhill Garden and Taikoo Shing, have been sluggish. Kornhill Garden has only one sale in July, which is nearly 70% monthly. It is the quietest in the same period of this year. Taikoo Shing also Trading for two consecutive months fell to less than five. The agent said that the social atmosphere was unstable and the prospective buyers were expected to fall back into the market.
Leather sawing material lasts until next month
The political disputes in Hong Kong have turned fierce since June, and the trading atmosphere of the top ten housing estates has suddenly cooled down. In the first half of the two consecutive months in June and July, the number of transactions in the top ten housing estates fell to less than 60. In the first half of this month, only 59 transactions were recorded, which was the 55th year after the same period in June. Two lows. In individual housing estates such as Kornhill Garden, the trading volume has shrunk. According to Centaline Property, only one transaction was made in the first half of July, which was the lowest in the same period of this year. It was about 66.7% lower than the same period in June, and for the same period of four consecutive months. Recorded a decline, the latest average price recorded 19,239 yuan, compared with 19931 yuan in the same period in June, also fell about 3.5%.
The director of the Great Wall Property Area, Cai Yishuang, bluntly said that the social atmosphere is unstable, and the attitude of prospective buyers in Kangyi Garden tends to be conservative. “There are some (probable buyers). I have come to the super bamboo plate to introduce the 笋, I dare to buy, the atmosphere is obviously poor.咗”. At the same time, nearly 20% of prospective buyers contacted by the bank this month have indicated that they will be re-buy for rent. “It is obvious that the middle class or above is a family guest. Before that, the house was closed and the house was closed.” It is estimated that the condition of the leather saw will last until August.
On the other hand, the trading of Taikoo City in the faucet estate continued to be sluggish. Only four transactions were recorded in the first half of this month. Although it was slightly more than three in the same period of last month, it has been at the unit level for two consecutive months; It also fell from 22,000 yuan in the first half of June to 20,899 yuan in the first half of July, a drop of about 5%.
He believes that as political uncertainties continue, Taikoo City is expected to remain sluggish in the second half of the month, and only 8 transactions will be recorded in the whole month or in the end, which will be less than 10 for two consecutive months.
Jiahu price of 11.4 million against the market
Compared with the two major middle-income housing estates in Hong Kong Island, the Kingswood Garden Estate in Tin Shui Wai, New Territories, has been trading more prominently this month. There were about 18 transactions in the first half of July, compared with 15% in the same period last month. The average price was synchronized from June. In the first half of the month, 11,246 yuan, rose to 11,400 yuan in the first half of this month, an increase of about 1.4%. The first city of Shatian, Shatin District, recorded 7 transactions in the first half of July, up from 6 in the same period last month. However, the latest average price was 18,732 yuan, up from 19,192 yuan in the same period of last month, slightly softening by about 2.4%.
Chen Yongjie, vice chairman of the Asia-Pacific region and president of the residential department, said that the political situation in Hong Kong is unstable and it will inevitably have a certain impact on the trading atmosphere of the property market. “It is like a monk going out (protesting), and traffic is blocked. I believe that it will affect the market sentiment of prospective buyers and will hit the second-hand trading. However, based on the general price of the owners, the property prices will continue to rise.