In the face of the economic downturn and the impact of vacant taxes in the first hand, developers this year reduced the sales of “toothpaste” and adopted more “goods like rotation
Chen Haichao, head of the Real Estate Research Department of Ricardo Court, said yesterday that the implementation of the first-hand vacancy tax is imminent, and developers will actively sell new sales this year, eventually breaking the 20,000 mark after 15 years.
Based on the data from the Land Registry, a total of 2,091 first-hand private residential property sales registrations were recorded in Hong Kong in November this year
with a total registered value of 19.673 billion yuan, an increase of 54% and 17% from October, and the highest in the six months. It is worth noting that in the first 11 months, a total of 20,242 first-hand private home purchases and sales were registered, which is the first time since 2004 that it has surpassed the 20,000 year-on-year level and hit a new high in 15 years.
According to Chen Haichao, according to the classification of real estate, Mingqiaohui recorded a total of 507 registrations last month, becoming the first-hand private home project with the highest number of registrations in November, involving a total registered value of 3.119 billion yuan and an average amount of about 6.15 million yuan; Tuen Mun Evergrande. Of the 310 cases registered in Long Bay, the third was 237 cases of Ai Hai Song.
Conflict heats up to new low this month
Looking forward to December, Chen Haichao continued to point out that after the government relaxed the restrictions on guarantees, the original trading momentum was good. Unfortunately, the “social movement” conflict heated up in mid-November and even paralyzed traffic, hindering developers’ sales deployment and making new sales The emergence of a “vacuum period” will seriously affect the number of registrations that fall into December.
Chen expects that there will only be about 700 to 800 registrations of first-hand private home sales in December, which will be the lowest in a single month in the year. As for the annual registration volume, it is expected to reach the level of about 21,000, which will reach a new high in the past 15 years.