Only four deals were recorded at
the 10 major housing estates over the weekend as buyers were drawn to
the primary market with at least 183 units sold at Henley Park in Kai Tak after sales kicked off on Saturday.
It
was a 55.5 percent drop from a week ago and the ninth consecutive week
with single-digit sales, according to a property agency.
New
projects were very competitive in pricing that second-hand homeowners
could not match, resulting in a decline in deals, a property agent said.
Another agent said US
interest rates are expected to peak soon, which, together with Hong
Kong's plan to fine-tune measures to help buyers purchase homes for
self-use, will help boost market sentiment.
In the primary market, Henderson Land Development (0012) raised the price for Henley Park
by 1 percent in the latest batch after selling 80 percent of the homes
available in the first round of sales of 228 homes over the weekend.
The
third batch, which involves 82 flats from 250 to 649 square feet, is
priced at an average of HK$22,163 per sq ft after discounts. That
compares to HK$22,148 for the second batch and HK$21,088 for the first.
Flats in the third list cost between HK$5.15 million and HK$17.59 million after discount.
The completed project offers 740 flats from 250 to 1,558 sq ft with up to three bedrooms.
(The Standard)
Henderson Land’s Kai Tak flats snapped up by young buyers, with 70 per cent of units sold ahead of interest rate hikes
The
Kai Tak flats, on offer for an average price of HK$21,463 (US$2,739)
per square foot, were 31 times oversubscribed as of Friday
Home prices in Hong Kong fell 15.6 per cent in 2022, the biggest annual decline since the Asian financial crisis in 1998
Young
homebuyers flocked to Henderson Land Development’s new project in Kai
Tak on Saturday, snapping up seven out of every 10 units on offer ahead
of an expected interest rate hike.
As of 5pm, 160 of the 228 homes at Henley Park found buyers, according to a property agent.
The agent described the situation as a “fairly good sales result” given the weak market conditions at present.
“The
project was greeted with heavy subscriptions and the homes can be used
for investment purpose too with good returns,” the agent said. “But in
the near term, home prices in [Hong Kong] are still facing downward
pressure.”
The
flats, sold at an average price of HK$21,463 (US$2,739) per square
foot, received more than 7,100 pre-orders as of Friday, 31 times
oversubscribed.
The price is about 15 per cent cheaper than leftover stock of new homes in the same district, including Henderson’s The Henley, according to another property agent.
The
cheapest unit of 250 sq ft had a price tag of HK$5.18 million, while
the most expensive flat, offering total space of 649 sq ft, was on offer
for HK$17.24 million.
Analysts
said the results were in line with expectations as most would-be buyers
were still cautious about the market outlook even after Henderson
offered big discounts.
Home
prices in Hong Kong fell 15.6 per cent in 2022, the biggest annual
decline since the Asian financial crisis in 1998, as Covid-19 pandemic
curbs dented buying interest, data released by the Rating and Valuation
Department showed.
Developers
continued to slash prices to woo buyers after new home sales slumped 38
per cent to a three-month low of 942 in May, according to a property
agency.
The
first agent predicted that new home sales in June may have jumped to
1,500 units because new projects unleashed more properties on the
market.
Some developers are even offering dining and travel vouchers to boost sales.
On Friday evening, 20 units at Grand Ming Group’s project The Grands
at To Kwa Wan were sold, representing 67 per cent of the total 30 flats
on offer, after the developer handed out vouchers worth HK$8,800 for
the first six buyers.
In March, Star Properties gave out railway tickets valued at up to HK$11,000 to the first six buyers of its After The Rain project in Yuen Long.
The
US central bank is likely to resume its rate hike campaign after a
break earlier this month, Federal Reserve Chair Jerome Powell said on
Thursday, as a slew of stronger-than-expected US economic data
underscored why more monetary tightening is likely needed.
The
Hong Kong government is considering marginally relaxing mortgage
loan-to-value ratios for some residential property purchases, Financial
Secretary Paul Chan Ma-po said on a Commercial Radio programme last
Sunday.
Chan
cautioned residents against a high-interest rate environment amid
market expectations that the US Fed will increase rates once or twice in
the second half of this year. Hong Kong interest rates move in lockstep
with the US as the local currency is pegged to the US dollar.
On
June 22, Bank of East Asia said it expected lenders to raise the prime
rate by 25 basis points in July due to rising Hibor, which reached 5.1
per cent on Saturday, the highest level since 2007, and a tight
aggregate balance.
Hong Kong’s residential market remains sluggish after a short-lived rebound in the first quarter.
Home prices may end the year unchanged from the start of 2023, Citigroup said last month.
Based on gains recorded in the first quarter, home prices could drop by 7 per cent over the remainder of the year.
(South China Morning Post)
逾億買賣暫錄34宗 代理：按年跌50%
有代理表示，香港地少人多，倉存需求大，迷你倉及物流行業應運而生，例如，建華集團創立新品牌24
Storage，於過去一年間設12個據點，目標為逾萬呎工廈，如屯門建榮工業大廈低層全層，面積達約1萬方呎，儲存易集團旗下筲箕灣阿公岩村道8號的儲存易集團中心開幕，總面積近7萬方呎。
總金額近106億按年跌70%
代理續表示，今年上半年暫錄得約34宗逾億成交，總金額約105.59億。2022上半年錄約68宗及360.85億，下半年約43宗及267.27億。對比去年上半年按年跌約50%及70%，明顯反映經濟環境疲弱，需待政策奏效刺激市道。
統計2023上半年十大工商鋪成交，各類別分布平均，工廈及寫字樓共佔5宗，其餘為與旅遊相關鋪位、基座商場及酒店，排名第一為尖沙嘴君怡酒店，以總價約34億由內地旅遊集團公司承接；緊接為觀塘的活化商廈項目 KOHO 全幢，成交價約17億元，市傳由收租客購入；第三位則為觀塘年運工業大廈強拍，由伯恩光學楊建文以約11.28億元投得。
君怡酒店34億承接最矚目
十大成交排名中，基座商場易手頻仍，包括荃灣協和廣場商業部分，由亞證地產、聯合集團和天安中國聯合以約10億買入，計畫作加建改建；另大角嘴海桃灣基座西九匯商場由陽光房地產以約7.48人億承接。
(星島日報)
更多KOHO寫字樓出租樓盤資訊請參閱：KOHO 寫字樓出租
更多觀塘區甲級寫字樓出租樓盤資訊請參閱：觀塘區甲級寫字樓出租
銅鑼灣謝斐道 Tower 535 錄得全層租務成交，涉及物業25樓全層，面積約11,665平方呎，成交月租約70萬元，呎租約60元。
據了解，新租客為一家飲食集團，將經營高級中菜。因該廈位於銅鑼灣核心地段，兼享全海景，該廈高層樓面，過去亦有餐飲客戶租。
(經濟日報)
更多Tower 535寫字樓出租樓盤資訊請參閱：Tower 535 寫字樓出租
更多銅鑼灣區甲級寫字樓出租樓盤資訊請參閱：銅鑼灣區甲級寫字樓出租
觀塘皇廷廣場中層 呎售9151
東九龍甲廈錄低價成交，消息指，觀塘敬業街皇廷廣場中層E室，面積約907平方呎，以約830萬元易手，呎價約9,151元，呎價較去年低約1成。
租務方面，消息稱，尖東永安廣場中層10室，面積約1,689平方呎，以每呎約30元租出。
(經濟日報)
更多皇廷廣場寫字樓出售樓盤資訊請參閱：皇廷廣場寫字樓出售
更多觀塘區甲級寫字樓出售樓盤資訊請參閱：觀塘區甲級寫字樓出售
更多永安廣場寫字樓出租樓盤資訊請參閱：永安廣場寫字樓出租
更多尖沙咀區甲級寫字樓出租樓盤資訊請參閱：尖沙咀區甲級寫字樓出租
