去中环化持续空置率5年高
2019年商厦整体租金向下，有代理统计显示，在去中环化加快下，中区空置率升至5年高位。
据代理数据显示，上月各区甲厦租金普遍向下，中环租金跌势持续，传统商厦及超甲厦租金按月跌约1%，而金鐘区跌3.1%，为港岛区最高。九龙区尖沙咀、东九龙等，均呈现下跌，全港仅港岛东较平稳。
中环全年租金跌14%
总括2019年，整体中环商厦租金跌14.3%，而超甲厦跌幅更高见18.7%，为各区之冠，而湾仔及铜锣湾，全年跌逾7%。受惠于去中环化加快，港岛东租金逆市向上，全年升幅为2.4%，另租务较旺的港岛东，跌幅约3.6%。代理指，目前各区空置率向上，包括中环3.4%、金鐘5.6%、湾仔5%，以及铜锣湾4.1%，各区为近5年最高。
近日整体商厦租务不算活跃，市场消息指出，中环交易广场1期12楼全层，面积约1.3万平方呎，获广发银行承租，属近月较少出现中资租用本港超甲级商厦。据了解，该集团于香港设有办公室，惟楼面面积较细，如今扩充业务，租用全层楼面。是次成交呎租约140元。据悉，该厦为中环指标商厦之一，去年高峰期呎租高见160至170元，如今租金回调约15%。
宏利扩充租观塘全层
非核心区租务相对理想，市场消息称，领展（00823） 旗下观塘商厦项目海滨汇，录得全层租务成交，涉及物业11楼，楼面面积约5.2万平方呎，每平方呎租金约30元，新租客为宏利保险。项目楼高23层，去年入伙，出租面积近90万平方呎，据悉出租率逾7成。
近期保险业有所扩充，友邦保险洽租尖东海港城港威大厦全层2.5万呎，呎租约60元，消息指，尖沙咀港威大厦录得全层租务，涉及永明金融大楼高层全层，面积约2.5万平方呎，获友邦保险积极洽租，估计呎租水平约60元。
代理指，2020年整体商厦租务暂仍未活跃，机构採取观望态度，而在控制成本下，呎租100元或以下的中环商厦，仍获不少机构垂青。
(经济日报)
Hong Kong, hurt by US-China trade war, protests, replaced by Tokyo as Asia-Pacific’s largest commercial real-estate market in 2019
Hong Kong is no longer the largest commercial real-estate market in Asia-Pacific, having lost its crown to Tokyo in 2019, data and analytics firm Real Capital Analytics said on Thursday.
Tokyo and Seoul took the first two spots. In 2018, they were in second and third spots, behind Hong Kong.
“After experiencing years of strong rental and capital value growth, Hong Kong’s property market is entering a downward phase while the local economy faces pressure from both external and internal volatility and tensions,” a managing director from an international agency firm said.
Since June, the city has been rocked by its worst political crisis in decades, with anti-government protests hurting Hong Kong’s tourism and retail sectors in particular. It was also affected by the US-China trade war, which weighed on trade and investment activity.
In the next 12 months, Hong Kong is likely to be a buyers’ market, with property prices returning to a more reasonable level. This, in turn, will prompt investors to seize opportunities and seek huge discounts.
“Affluent investors and institutional funds are also eyeing opportunities presented by distressed sales of assets,” the agent said.
Business activity in Hong Kong has also been affected by the Wuhan coronavirus outbreak, which will have “short-term implications on investment volume”, according to another property consultancy. The company added that, with the exception of 2018, owing to a one-off large commercial property deal in Hong Kong, Tokyo had always been the largest commercial real-estate market in Asia-Pacific.
“Funds across the region have raised capital in the past two years, which they are looking for somewhere to deploy. Japan is an attractive destination because of the depth and the breadth of its market, as well as low interest costs,” property consultant said Pacific.
The Japanese capital is likely to remain an investors’ darling as demand is expected to continue to outstrip supply, particularly when it comes to offices.
“In Tokyo’s office market, asset performance remains solid. A near-term increase in pre-commitments already exceeding 70 per cent of 2020 supply has reduced vacancy, keeping the average rental growth around 3 per cent,” the agent said.
Meanwhile, domestic investors had ramped up activity in Seoul’s commercial property, which had “more than tripled in the period”, a commercial real estate analytics company said. “Investment momentum in Seoul has been building for some time,” it said.
Sydney remains the fourth-largest commercial market in the region, while Beijing has leapt three notches to take the fifth spot. “The metro [Beijing] registered a record year for income-producing deal activity and climbed into fifth place,” it said.
(South China Morning Post)
邓成波标售西贡5地意向价25亿
大型地皮难求，邓成波标售西贡5幅地皮，合共13万呎地盘，叫价25亿元，地皮已申请作大型安老院舍暨住宅发展，可重建26万呎楼面。
代理表示，有业主以招标形式放售西贡康定路1、2、6、7及9号地皮，截标日期为3月7日。据了解，业主意向价约25亿元。
翻查资料，项目由邓成波持有，多年来一直收集该地段业权，包括2017年以7.33亿元，购入康定路6号实惠集团大厦，以及康定路1号四洲集团大厦全幢。2018年，再斥2.5亿元，购入香港食品投资西贡康定路2号四洲食品网汇中心全幢。经过整合后，如今项目地皮达13万平方呎，现时楼面建筑面积约38.3万平方呎。
楼面呎价约9615
据了解，现时物业为工厦用途，而地盘现有规划用途为「住宅（戊类）1」，可重建成住宅，预计可重建成26万呎楼面，按25亿元价计，每呎楼面地价约9,615元。
去年尾，业主就持有的5幅西贡康定路用地，由原先工业项目，申作大型安老院舍暨住宅发展，将共兴建5幢8层高混合发展楼宇，合共提供1,403个安老院舍床位，以及99个私人单位。据悉，5幅用地均申请放宽地积比以约2.74至2.8倍发展，当中1号及6号，将会分别兴建成1幢8层高楼宇，涉及总住用楼面约6.7万平方呎，平均每伙单位约677平方呎。而另一面将留为社福设施，作为安老院舍，若成功获批放宽地积比，则楼面可提供28.3万平方呎。据悉，业主早年曾向城规会申请住宅及私立学校发展，但未获得通过。而康定路7、9号项目原由北海集团（00701） 持有，去年3月获批兴建住宅，但随后互换转售予邓成波家族。
比邻信置逸瓏海滙
附近住宅项目方面，信和置业（00083） 旗下西贡的逸瓏海滙，比邻为是次标售地盘。发展商于2016年开售，近日售出一个1座地下单位，实用面积852平方呎，花园面积383平方呎，作价超过1,418万元，呎价16,645元。
(经济日报)
Virus strikes housing market as buyers lie low
The Wuhan coronavirus outbreak has continued to dent the sentiment in Hong Kong's property market as buyers pull out of home purchase deals, home viewings plunge and the secondary market sees more price cuts.
A prospective homebuyer forfeited a deposit of around HK$340,000 after pulling out of the purchase of a 437-sq-ft flat at Emerald Bayin Tuen Mun, which was priced at HK$6.82 million, or HK$15,606 per sq ft.
Some major developers continued to open their sales offices despite the escalating coronavirus crisis.
K Wah International (0173) said sales offices will continue to open as usual and New World Development (0017) said sales offices have resumed operation since yesterday.
But Wheelock and Company (0020) will close all sales offices except one at The Gateway in Tsim Sha Tsui.
In the secondary market, property agency only recorded three secondary transactions at the ten major housing estates over the past weekend, down by 75 percent week-on-week.
Taikoo Shing in Quarry Bay, South Horizons in Ap Lei Chau and Kingswood Villas in Tin Shui Wai each recorded one transaction.
A three-bedroom flat at Taikoo Shing changed hands for HK$14.8 million, or HK$21,765 per sq ft. A 748-sq-ft flat at South Horizons fetched HK$10.45 million, or HK$13,971 per sq ft. A three-bedroom flat at Kingswood Villas sold for HK$5.33 million, or HK$9,798 per sq ft.
Meanwhile, in the North District, home viewings slumped 70 percent during the Lunar New Year holidays and homeowners in the area are slashing asking prices to woo buyers, according to property agency.
The real estate agency said North District is near the mainland and the SAR government last Saturday proposed to convert the unoccupied Fai Ming Estate into a potential quarantine site for the emerging coronavirus outbreak, making it unattractive.
In Fanling, a 400-sq-ft flat at Avon Park changed hands for HK$4.55 million, or HK$11,375 per sq ft, after about HK$400,000 was cut from the initial asking price. Another 299-sq-ft flat at Green Code fetched HK$4.55 million, after HK$180,000 was slashed from the original asking price.
But another property agency expects property prices to increase by about 10 percent by year-end due to low interest rates and the short of home supply. They believes that the local social unrest and the coronavirus outbreak will not weigh on Hong Kong's property market in the long term.
In other news, the property agency estimates the number of property transactions will rise 10 percent month-on-month to 4,300 in January, while the total consideration will fall 8.6 percent month-on-month to HK$32 billion.
(The Standard)
湾仔One Hennessy每呎80元租出面积逾2.37万呎健身中心逆市扩张
受多项不明朗因素困扰，令市场观望气气挥之不去，惟部分行业却趁逆市扩充。消息指，湾仔甲厦One Hennessy两全层楼面，获连锁健身中心以190万承租，平均呎租约80元，属市价水平。
市场消息透露，湾仔甲厦One Hennessy两全层楼面，早前曾以每呎100元放租，获连锁健身中心以190万承租，以总楼面面积约23752方呎计算，平均呎租约80元。
月租达190万
代理指出，上述承租租金属市价水平，虽然市场受多项不明朗因素困扰，惟健身中心近期活跃于市场，成为大手租客，早前市场亦录另一连锁健身中心承租中环商厦三层楼面，证明健身行业于逆市中于核心区仍有力扩充。
远东金融呎租60元
据代理资料显示，该甲厦近期频录承租个案，其中，One Hennessy中层单位，于本月6日以112.8万租出，以面积11876方呎计，平均呎租约95元；另一宗承租为该厦中层单位，于去年9月以100.9万租出，以面积11876方呎计，平均呎租约85元。此外，甲厦租务畅旺，频录承租个案，消息指，金鐘远东金融中心中层11室，面积2606方呎，以15.3万租出，平均呎租约60元。据代理指出，上述租金稍低于市价水平。事实上，金鐘远东金融中心早前亦录低市价承租，该甲厦中层05室，于本月初录承租，面积约2400方呎，以13.92万租出，平均呎租约58元，较市价低约10%，并重回两年前水平。
另外，尖沙嘴港威大厦亦录承租，据市场消息指出，该厦高层全层，面积约2.5万方呎，以150万租出，平均呎租约60元。
市场消息指出，湾仔鹰君中心中层单位，面积约15843方呎，以110.9万租出，平均呎租约70元；同区会展广场办公大楼亦录承租，该厦中层02室，面积约10200方呎，以56.1万租出，平均呎租约55元。
(星岛日报)
Home buyers forfeit $1.9m deposits
The potential buyers of three units at L'aquatique in Tsing Lung Tau, developed by Metallurgical Corporation of China (1618), have forfeited a total of HK$1.94 million in deposits, or 10 percent of the total purchase price, so far this week.
The project has seen buyers of nine out of 80 sold units forfeit deposits since it opened for sale in 2018.
Elsewhere, Henderson Land Development (0012) sold all of its first batch of 30 units at The Richmond in Mid-Levels for a total of HK$240 million. The company plans to launch a second batch after the Lunar New Year holiday.
In Wan Chai, Chinachem Group rented over 20,000 square feet of space of its One Hennessy to fitness group Pure Fitness. The developer said 70 percent of the office building has been leased out.
Secondary transactions in Tseung Kwan O doubled from a month ago to 133 so far this month, with major project Metro City recording 11 deals at an average price of HK$16,638 per sq ft.
A real estate agent said the outbreak of the new virus has less of an impact on Hong Kong home prices compared to during SARS and projected a 5-10 percent decrease.
Primary deals have totaled 1,130 so far this month, and are expected to reach 1,300, 2.5 times higher than a month ago, while secondary transactions may amount to 4,000 this month.
The institution forecasts local home prices could rise 2-3 percent during the first quarter of this year and 5 percent in the first half, boosted by the signing of a Sino-US trade deal and deescalating social unrest.
He also expects the supply of residential units will fall 4.4 percent from last year to expected 12,900 units this year.
(The Standard)
保险业扩充 友邦租港威大厦全层
近期保险业有所扩充，友邦保险 （01299）
租尖东海港城港威大厦全层2.5万呎，呎租约60元，早前宏利保险亦在观塘扩充。
市场消息指，尖沙咀港威大厦录得全层租务，涉及永明金融大楼高层全层，面积约2.5万平方呎，成交呎租约60元，每月租金约150万元，属市价水平，略较高峰期跌约5%。据悉，新租客为友邦保险。
中区商厦空置率 升至4.5%
保险业为近期相对较积极扩充行业，如领展 （00823）
旗下观塘商厦项目海滨汇11楼，楼面面积约5.2万平方呎，每平方呎租金约30元，新租客为宏利保险，同区扩充楼面。
据代理资料显示，去年受多项因素影响，整体商厦租务活动于下半年转淡静，各区商厦空置率向上，中区空置率更由18年的2.1%，升至4.5%，而整体空置率亦由4.1%升至6.6%。该行预计今年整体商厦租金均向下，中区租金料跌约13.1%，而尖沙咀及东九龙，跌幅料约7.6%及6.7%。
其他商厦租务方面，消息指，金鐘力宝中心2座高层09室，面积约1,463平方呎，以每月约8.8万元租出，呎租约60元。
受本地事件影响，近月多个行业审慎，而健身中心为较为积极扩充业务，据了解，华懋旗下全新One
Hennessy低层商铺部分录大手租务，涉及物业1及2楼全层，合共约2万平方呎，以每月约120万元租出，呎租约60元。
据悉，新租客为健身中心Pure Fitness，该品牌近年在港积极扩充，于中环、铜锣湾均设有分店，是次承租两层湾仔楼面，作品牌旗舰店。
事实上，近期市场相继录健身中心大手租务，如健身中心Goji Studios，斥资每月逾171万元，预租中环皇后大道中138号威享大厦高层地下部分楼面、1及2楼全层，面积共22,434平方呎，呎租约76元，租期由今年10月开始至2024年。
(经济日报)
湾仔海港中心呎价3.2万售面积3952方呎回报约2.5厘
甲厦有价有市，再录大手成交。消息指，湾仔海港中心低层单位，以1.27亿成交，平均呎价32136元，较市价高约10%，买家料享回报约2.5厘。
据土地註册处资料显示，上址为海港中心11楼10至11室，于上月18日以约1.27亿成交，以单位面积3952方呎计算，平均呎价约32136元，买家以公司名义登记，名为OSELLIMITED，公司註册董事为梁伟伦及朱雪华。原业主于2012年购入，以公司名义NOBLETREELIMITED登记，註册董事为李韵机。
两年升值约5%
区内代理指出，该甲厦大部分单位由发展商作长綫持有，于市场上放售单位不多，对上一宗成交追溯至2017年6月，成交单位亦是上述同一个单位，当年成交价为1.2054亿，平均呎价约3.05万，而上述最新成交呎价为该厦新高，以目前市况而言，该单位成交呎价高市价约10%，由于2017年商厦亦并未展现升浪，最新这宗单位成交呎价，可说重返两年前水平。
代理又说，该单位市值平均呎租约65元，新买家料回报约2.5厘。
另一方面，尖沙嘴柯士甸商业中心亦录成交，市场消息指出，该厦中层单位，面积1183方呎，以860万成交，平均呎价约7270元。据土地註册处资料显示，上址原业主于2006年以331.2万购入，以香港基督教协进会（HONGKONGCHRISTIANCOUNCIL）持有，故持货14年，帐面获利528.8万，物业期间升值约1.6倍。
信德中心呎租55元
此外，商厦市场亦频录承租个案，消息指，上环信德中心招商局大厦低层07B室，面积约810方呎，以44550元租出，平均呎租约55元；据代理指出，该单位因位处低层，加上景观为主要望向停车场，故租金属市价水平；尖沙嘴半岛酒店办公室大楼中层单位，面积约11210呎，以86.68万租出，平均呎租约80元。市场消息指出，旺角弥敦中心低层05室，面积463方呎，以14770元租出，平均呎租约31.9元。
代理表示，长沙湾香港纱厂工业大厦六期中层单位，面积约7206方呎，业主以意向售价约3588万放售，呎价约4980元。代理又指，物业位处于工商混合地带，各项配套理想，加上区内工厦需求殷切，大楼面供应更属罕见，故料上址对用家及投资者均具吸引力，料推出市场后有力被迅速承接。
(星岛日报)
内地广发银行租中环交易广场全层
中环甲级写字楼租金出现调整，中环交易广场全层，获内地广发银行承租，为近月较罕有中资租用楼面，呎租约140元，较高峰期时下跌约15%。
市场消息指出，中环交易广场1期12楼全层，面积约1.3万平方呎，获广发银行承租，属近月较少出现中资租用本港超甲级商厦。
资料显示，广发银行于1988年成立，总部设于广州，主要业务包括一般银行服务、信用卡等，于内地设70多间分行。据了解，该集团于香港设有办公室，惟楼面面积较细，如今扩充业务，租用全层楼面。
中区超甲厦租金按月跌3%
消息人士表示，是次成交呎租约140元。据悉，该厦为中环指标商厦之一，去年高峰期呎租高见160至170元，如今租金回调约15%。
需求转弱下，甲厦租金明显有调整。有代理12月公布每月商厦租金走势，其中港岛各区租金普遍向下，而中区跌幅明显扩大，中环超甲厦最新每呎租金为162.7元，按月跌3.3%，而区内整体跌幅达1.9%。按年比较，最优质甲厦呎租累跌17.8%。至于湾仔区跌1.2%，幅度相对轻微。相比之下，九龙区租金变幅较小，东九龙按月无升跌，而尖沙咀亦仅跌0.3%。
代理资料显示，由于下半年受本地社会事件影响，机构转为审慎，整体商厦空置率有所回升，而中环区最为明显。中环商厦连续多月录得负吸纳量，11月空置率更升至逾4年高位，达到3.5%，去年全年呎租跌约5%，而超甲厦呎租跌幅更大。
观塘海滨汇全层5.2万呎租出
此外，非核心区租务相对较活跃，市场消息称，领展（00823） 旗下观塘商厦项目海滨汇，录得全层租务成交，涉及物业11楼，楼面面积约5.2万平方呎，每平方呎租金约30元。项目楼高23层，去年入伙，出租面积近90万平方呎，据悉出租率逾7成。
据了解，是次承租全层为宏利保险，该集团总部正比邻海滨汇，早年购入全幢并命名为宏利大厦，相信是次租用海滨汇全层，作扩充业务。事实上，该集团早于十年前，已把主要业务迁往东九龙，租用观塘道223号宏利金融中心多层至今。
(经济日报)
New home buyers stay on sidelines ahead of lunar new year
Hong Kong's property market stuttered over the final weekend in the run up to the Chinese New Year, with home buyers giving a lukewarm reception to the latest batch of flats on offer in Sham Shui Po, though secondary transactions at ten major housing estates hit a three-month high.
A property agency reported 12 secondary transactions at ten major real estates over the weekend, up by 20 percent week-on-week, the highest in the past 12 weeks.
However, the property agency expects the number of secondary transactions to fall 5 percent month-on-month to 2,200 this month, hitting a four-month low.
In the primary market, CK Asset (1113) sold 30 out of 178 units at Seaside Sonata in Sham Shui Po on Saturday. This came in stark contrast to the previous two weekends, when home buyers piled into Wetland Seasons Park, the first new project in Tin Shui Wai in a decade. The project provides 876 flats, 75 percent of which are two-bedroom units, ranging in size from 474 to 507 sq ft. The rest are three-bedroom units, measuring between 695 and 786 sq ft.
Besides, home owners are continuing to offer price cuts in the rental market to woo tenants. A 390-sq-ft flat in Amoy Gardens at Kowloon Bay was leased for HK$12,000 per month, or HK$31 per sq ft, after HK$4,000 was cut from the original asking rent.
In the commercial market, another property agency said shop transactions slumped 33.4 percent to 1,121 last year, the lowest since 1996. Prices and rents of shops in core areas are likely to plummet by 10-15 percent this year, due to a sharp drop in inbound tourists from the mainland and social unrest.
(The Standard)
市况静甲厦租售录低价成交
受外围及本地事件影响，甲厦租售市场均淡静，而个别业主减价，租务及买卖均录低价成交。
据代理发表的研究报告指出，去年甲厦及乙厦售价分别下跌6.1%及5.7%。下半年受到市况转差影响，商厦租售价急跌，去年全年商厦共录962宗买卖，按年挫53.9%，创1996年有纪录以来的新低，成交额仅466.9亿港元，按年跌59.9%。按区域划分，港岛甲厦价表现明显跑输九龙，金鐘甲厦去年挫17.7%，最新平均呎价仅31,944元，是各区表现最差，重回2017年底水平；至于上环甲厦全年亦挫16.7%，是全港第二差的地区。租金方面，金鐘及上环甲厦全年分别累跌14.6%及12.8%，分列全港跌幅首次名，租金重回2017年中水平。
观塘宏基资本大厦低市价2成沽
近日甲厦市场买卖及租务，均录低价成交，如观塘宏基资本大厦中层全层，面积约12,195平方呎，以约1.29亿元成交，呎价约1.06万元。据悉，原业主于2014年，以1亿元购入。早前于市场放售，去年曾叫价2亿元，至8月份市况转差，降价至1.82亿元，如今大幅减至1.29亿元成交，累积减价36%沽货，持货6年转手，仍获利2,900万元离场。据悉，该厦上一宗成交于2018年8月录得，为低层单位，全层以1.56亿元易手，呎价约1.3万，最新成交价低约两成。
远东金融中心每呎60元租出
租务方面，核心区甲厦近月均录低价租务成交，如金鐘远东金融中心中层05室，面积约2,400平方呎，成交呎租约58元，租金较市价低约10%，并重回两年前水平。据了解，该厦录呎租低于每呎60元，追溯至2017年9月，当时该厦高层单位，面积597平方呎，平均呎租约52元。
此外，中环美国银行中心极高层01至02室，面积约3,778平方呎，以每月约22.3万元租出，平均呎租约59元，单位外望开扬维港海景和山景景观，并正对电梯大堂，属优质单位。业主最初平均呎租叫价约110元，现降价46%租出。该厦早前一中层单位，以每平方呎约58元租出。如今租出单位，同样较数月前低约两成。
分析指，由于受本地事件及外围局势冲击，主要机构均审慎扩充，甚至个别缩减业务，令甲厦租务市场淡静，空置率回升而租金下跌，继而甲厦价亦受影响，相信短期内核心区租务市场仍没大改善，业主减价空间扩阔，相信租售价仍回调。
(经济日报)
Luxury still costs the earth in HK
Hong Kong ranked the most expensive for premium goods and services among 28 cities globally, followed by Shanghai and Tokyo, Swiss bank Julius Baer found in its Global Wealth and Lifestyle Report 2020.
The report surveyed the price trends of luxury goods and services in the Julius Baer Lifestyle Index, which tracks 20 items across the 28 cities.
The index showed that Asia is the most expensive region for high-end consumption, whereas Europe is the least expensive.
Hong Kong ranked above 90 percent for residential property, beauty services, fine dining, business class flights and lawyer fees.
Richard Tang, head of research in Hong Kong, expects the price of small studios in the city to face the most pressure this year as property buyers switch to single-bedroom or two-bedroom homes, given a higher first-time mortgage limit and lower interest rates, and these could also drive up prices of flats priced below HK$10 million.
For units priced above HK$10 million, Tang said it depends on buyers' confidence in the local economy, as these owners generally hold more than one unit and are able to move to other countries. He forecasts Hong Kong will see 1 percent GDP growth this year.
Affluent consumers have shifted to a model favoring less waste, said Rajesh Manwani, head of markets and wealth management.
(The Standard)
Prices cut for Sham Shui Po flats
West Park, developed by Hanison Construction (0896), in Sham Shui Po updated its first price list for its first batch of 30 units, selling them for as little as HK$18,696 per sq ft.
The flats have saleable areas from 333 to 493 sq ft, and will be sold from HK$6.07 million to HK$9.28 million after a 8 percent discount offered by the developer. The average price will be HK$18,739 per sq ft.
Matthew Chow Ka-fung, director of project management division said the units are being sold at a "Lunar New Year special price," where prices may be marked up in next batches depending on market conditions.
Agent believes the sales performance will be positive, as two-bedroom new flats for less than HK$7 million are rare in Sham Shui Po.
In other news, the Building Department approved 21 building plans on last November, and Swire Properties' (1971) land in 46 to 56 Queen Road East was approved for development as a 23-storey commercial building with three basements and a total gross floor area of 132,500 sq ft.
Land at 3 to 13 Nga Tsin Long Road, Kowloon City, owned by veteran investor Tang Shing-por and his family, was approved for development as a 26-storey residential and commercial building with two basements.
(The Standard)
港岛甲厦租金 年内料跌6至8%
核心区商厦租金高昂，陆续有不少机构转租港岛区，区内甲厦平均呎租逾55元，惟业界估计受整体市场环境影响，料今年港岛区甲级写字楼的租金下调约6%至8%。
有国际代理行去年初将香港总部迁至鰂鱼涌新入伙商厦太古坊一座，总面积近3.5万平方呎，涉两层楼面，据悉呎租较中区商厦低约三成。
港汇东今年落成 零售楼面已租出
至于最为人认知，则莫过于证监会从中环长江中心迁出，转租太古坊港岛东中心多层楼面，包括33、34、47、48及50楼等，合共9层楼面，每层面积约2.2万平方呎，合共约20万平方呎。
区内新商厦亦陆续招租，当中恒地 （00012） 旗下炮台山电气道218号港汇东，预计今年初落成。项目楼高22层，地下及1楼为零售楼面，涉约1.5万平方呎，除地下一个商铺外，其他零售楼面已租出，呎租介乎100至150元。2楼为平台、3楼以上为写字楼，目前已租出8楼全层，餘下楼面正招租，中低层意向呎租50至60元起，以全层楼面5,500平方呎计，月租约27.5万元33万元。
不过，早前有测量师行指，租户对市场前景审慎，部分节省相关开支，由租金较高的写字楼搬至同区租金较低的写字楼，甚至搬至非核心区，在过去数月，不少租户都有将租赁规模缩小约20%至30%。
整体而言，因港岛区甲级写字楼的空置率偏低，预计今年港岛区甲级写字楼的租金下调约6%至8%。
(经济日报)
7重建项目 太古坊商厦供应倍增
随着核心商业区向外伸延，鰂鱼涌一带近年有不少旧楼、工厦重建成商厦，区内7个重建项目将提供409.8万平方呎商业楼面，落成后将现时太古坊商业区规模倍增。
港岛东的鰂鱼涌、太古的商业区，由区内大地主太古地产 （01972） 建立起来，特别多年前透过将厂房重建成太古坊的商厦群，推动整区商业气氛，而近年亦积极扩大太古坊商业区的版图，重建及收购周边工厦。
当中收购多年的仁孚工业大厦、华厦工业大厦，两幢工厦佔地达5万平方呎，现时属于商业规划用途，邻近太古城的商业区，预计将会重建成商厦，可建楼面达78万平方呎。
太古坊2座增地积比 楼面多9成
至于比邻太古坊二座的滨海街48至94号一排旧楼，该旧楼佔地2万多平方呎，属于「住宅（甲类）」用途，但由于邻近太古坊商业区，发展商今年初亦曾申请重建成商厦，将地积比率提升至15倍，可建楼面约35万平方呎，较重建作商住项目的可建楼面约18.4万平方呎，增加多达9成。项目由太古与恒地 （00012） 合作收购，并已手持逾8成业权，有望透过强拍统一业权，预计重建计划亦有望在未来几年落实。
而已经落成的太古坊一座，以及将在未来两年建成的太古坊二座，太古在区内近年新兴建商厦项目，合共多达约313万平方呎商业楼面供应，相当于现时太古坊6幢商厦群的规模，意味区内商厦供应量将会大幅倍增。
海裕街地盘 集酒店商业用途
至于前身为旧楼吉祥大厦的新世界 （00017） 旗下K11集团鰂鱼涌商厦K11 ATELIER
King's Road，亦在去年正式入伙，项目楼高22层，总楼面面积约44万平方呎，据知目前出租率已经超过6成。
由太平协和持有位于鰂鱼涌海滨的海裕街地盘，近年与政府达成原址换地协议，将会兴建5幢10至13层高酒店及零售商业项目，总发展楼面约40万平方呎，包括酒店楼面逾18.88万平方呎，另设逾12.4万平方呎楼面作食肆及零售用途，以及写字楼楼面则逾8.68万平方呎
(经济日报)
宏基资本大厦全层 1.29亿沽
消息指，观塘宏基资本大厦中层全层，面积约12,195平方呎，以约1.29亿元成交，呎价约1.06万元，低市价逾1成。
据悉，原业主于2014年，以1亿元购入。早前于市场放售，去年曾叫价2亿元，至8月份市况转差，降价至1.82亿元，如今大幅减至1.29亿元成交，累积减价36%沽货，持货6年转手，仍获利2,900万元离场。
(经济日报)
大昌行九龙湾工厦 拟重建商厦
政府重啟活化工厦措施后，再有工厦业主谋求重建改装，由大昌行持有的九龙湾啟祥道20号大昌行集团大厦，向城规会申请放宽两成密度和高限，重建成两幢商厦。
申请建2幢32层高商厦
市场形容为「蛋糕」的九龙湾大昌行集团大厦，现为一幢工厦，设有多层停车场，佔地约10.26万平方呎，邻近九龙湾啟历学校，现划为「其他指定用途」的商贸用途，申请将地积比率由12倍，放宽至14.4倍发展，兴建两幢32层高商厦，以作办公室、商店、服务行业和食肆用途，总商用楼面多达约147.75万平方呎。
项目将设有3层地下停车场，两层零售平台及1层平台花园和庇护层，其餘以上楼面均用作商业用途，并建议将现有跨越啟祥道的架空行人天桥连接至项目的1楼部分，增加闯关机会。
申请人指，拟重建的土地用途、建筑高度和发展密度与周边环境兼容，地面将提供商店以丰富人行环境和体验，可提供新办公室楼面及加快区内商贸区的转型步伐。
九龙湾区内现时有多幢工业项目亦计划放宽密度重建成商厦发展，如邻近常悦道瑞兴中心，以及九龙湾嘉里危险品仓等等。
(经济日报)
佳兆业斥逾5亿 购西营盘旧楼
佳兆业 （01638） 刚以35亿元夺得屯门地皮，据市场消息透露，该发展商早前已经以逾5亿元购入西营盘东边街旧楼，今次料属在香港第2个发展项目。
投地插旗 完善大湾区布局
以深圳、珠三角内房业务为主的佳兆业，日前夺得在香港首幅投得的官地。发展商指出，投得地皮是属集团进军香港市场的里程碑，青山湾项目比邻香港黄金海岸及港珠澳大桥，地理位置理想，将能够与集团现有的大湾区布局产生协同效应。
发展商亦不排除合作开发的可能性，而项目后续开发仍在规划中，同时亦对本港房地产市场的长远发展持乐观态度，相信未来会有更多机会在本港发展项目，进一步完善集团在大湾区的整体布局。
虽然今次屯青山湾项目是佳兆业首次投得官地，不过据市场消息指出，发展商在香港发展早有部署，在去年底已经斥5亿多元，收购东边街1至9号项目。
该旧楼楼高6层，由25伙住宅及5个地铺，佔地约3,927平方呎，以地积比率9倍计算，可建楼面约3.5万平方呎，每呎楼面地价约1.5万元。发展商在去年底收购得来，虽然规模远较今次投得屯门地皮为细，但料属于发展商在香港首个项目。
佳兆业传媒及投资者关係部总监蔡晋则指，集团一直有物色不同合适的项目，而一切消息依公布的为準。
土瓜湾5宗收购 涉3771万
另外，土瓜湾高山道26号录得5宗旧楼收购，涉及3,771万元，每伙收购价介乎735万至808.5万元不等，新买家为新朗发展（实业）有限公司。
该公司註册董事包括林小棠、林源森及顏煜奇，料为庞源集团或相关人士，该集团在经营电子贸易起家，在深圳福田开设玩具批发市场、乐器城、惠州远望科技城和通讯配件城等。
(经济日报)
佳兆业35亿夺屯门地每呎6005元五个月跌7% 力压15家财团首投政府地
政府推地步伐放缓，惟发展商竞投反应仍属进取，其中于上周五截标的屯门青山湾住宅地，于昨傍晚突击开标，并由内房佳兆业出价35亿，力压其餘15家财团得手，首度夺得政府用地，楼面呎价6005元，符合市场预期，若与去年8月批出的同区地皮呎价相比，5个月间地价则回落约7.6%。
地政总署昨公布，屯门青山湾住宅地由内房佳兆业夺得，地价为35亿，每方呎楼面地价6005元，属市场估值范围，并力压其餘15家入标财团夺得，而是次为佳兆业首度以独资形式夺得本港地皮。
佳兆业传媒及投资关係部总监蔡晋表示，今番第一次中标取地，意味着踏出重要一步，集团认为价格合理，香港短期困扰将成过去，长远看好市况。至于该地皮规划及投资额尚未落实。
属市场预期价
至于佳兆业于内地发展住宅为主，其项目分布于深圳、惠州、东莞及上海等城市。
另外，是次楼面呎价，与去年8月批出，由建灝以每方呎6499元夺得的屯门景秀里与景峰径交界相比，楼面呎价相隔约5个月，回落约7.6%。
蔡晋：长远看好市况
该地皮于上周五截标时，接获16份标书，除大型发展商外，亦有不少为中小型财团，而入标财团包括长实、新地、信和、恒基、华懋、嘉里、嘉华、永泰、佳明、建灝、远展等。地皮位于屯门48区青山公路青山湾段、地皮逾14.5万方呎，可建逾58.2万方呎。
莱坊执行董事及估价及諮询部主管林浩文称，中标价属合理范围，反映发展商对后市有信心，及部分发展商对土地的渴求，因近年中小型地皮供应不多，中小型发展商有需要增加土地储备及发展项目。
料建中小户型
他再指，项目将主打中小型单位，估计总投资额约55亿至65亿，落成后每呎可由14000元起。另外，地皮位于棕月湾附近，同时毗邻哈罗国际学校，区内商业及生活配套不足以应付未来区内需求。此外，地皮规模虽然不算大，但地皮形状不规则，剪裁上有一定难度，预料部分单位可享海景。
泓亮諮询及评估董事总经理张翘楚称，是次地价属合理水平，也符合市场预期，近期接连有内房夺得政府地皮，因普遍内地发展商于本港的土地储备不多，虽然楼市气氛稍回稳，但仍然较为波动，在避险情况下，部分土地储备充足的本地发展商，在出价上往往较为保守，而内房亦趁势以较进取的价钱夺地。
张氏亦指出，因部分内房于本港暂未持有大型项目，若需要维持营运，自然需要购置地皮，而在近期较波动市况下，反而是较好夺得土地的机会。
(星岛日报)
尖沙咀世纪商业大厦享地利优势
尖沙咀一带有不少商厦，楼龄较旧但位置邻近核心商场及地铁站，吸引不少用家落户。其中世纪商业大厦位于尖沙咀港铁站上盖，坐享地利优势。
世纪商业大厦位置优越，位于尖沙咀港铁站上盖，邻近名铸及K-11等大型艺术购物商场，加上多间酒店环抱其中，例如香港丽景酒店、怡景酒店及晋逸精品酒店等，有地理优势。
而项目邻近尖东，前往红磡海底隧道巴士站亦相当方便。
地下至3楼商场不乏食肆
物业于1981年落成，至今楼龄约38年。大厦楼高约16层，其中地下至3楼为商场，店铺种类以珠宝及食肆为主，旁边街道亦有不少食肆及商店选择。项目设有2部升降机，前往各楼层。
而项目4楼至16楼则为写字楼楼层，全层面积约2,416平方呎，每层设约3伙，单位面积由400多至1,000餘平方呎不等。单位间隔方正，未设柱位，方便摆放办公用品。
由单位外望为尖沙咀一带景观，但由于大厦前方为大型购物商场K-11，故景观有所遮挡。
长情客为主去年呎价18626
项目以长情买家为主，甚少买卖成交，对上一宗买卖成交要追溯至去年8月，一个低层全层，面积2,416平方呎，以4,500万元售出，呎价18,626元。
参考比邻相约呎数成交，利嘉大厦10楼全层单位，面积2,160平方呎，于去年6月以3,250万元售出，呎价15,046元。
租务方面较为活跃，去年全年录约5宗租赁成交，平均呎租约31元。最新一宗成交为上月，一个低层C室单位，面积约1,031平方呎，月租31,600元，呎租31元。同区东汇商业大厦一个中层单位，面积约1,033平方呎，同于上月以26,858元租出，呎租约26元。
(经济日报)
Tuen Mun site tender awarded to Kaisa Group
The tender for a site designated for private residential purposes in Tuen Mun has been awarded to the highest tenderer Kaisa Group Holdings on a 50-year land grant at a premium of HK$3.5 billion, the Lands Department said today.
The Tuen Mun Town Lot No. 518 at Castle Peak Road - Castle Peak Bay, Area 48 has a site area of about 13,538 square meters, and the minimum and maximum gross floor area are 32,492 sq m and 54,152 sq m respectively.
The site received a total of 16 tenders by developers.
(The Standard)
Hong Kong buyers snap up SHKP’s Wetland Seasons flats in Tin Shui Wai for the second weekend as sentiments improve
Hong Kong’s homebuyers piled into the first major residential
property project to be launched in Tin Shui Wai in a decade, as they
snap up most of the 335 homes offered by Sun Hung Kai Properties (SHKP)
at the Wetland Seasons Park project.
SHKP sold 90 per cent of the flats as at 9:30pm, agents said.
With nearly 18 buyers bidding for every available flat, the batch is
expected to sell out, making it the second consecutive sell-out weekend
for the city’s biggest developer by capitalisation, agents said.
“Potential homebuyers are quick to snap up flats, as market
confidence has returned,” agent, and the agent estimated that 80 per
cent of the bidders are buying the flats for their own use. “The
property market has been boosted by the rising stock market, as a trade
deal is about to be signed between the US and China, and the social
movement in the city seems to have cooled down a bit.”
Hong Kong’s property market, which took a stumble last year with
the combination of the US-China trade war and the city’s worst
political crisis, is struggling to regain its footing in the new year.
Investor sentiment improved in January, drawing some homebuyers
back into the market to commit to their investments before the Lunar New
Year holiday kick off in late January, another agent said.
Tin Shui Wai, which was developed in the 1980s as Hong Kong’s
eighth new township to divert population from overcrowded Kowloon and
Hong Kong Island, was also the scene of several clashes between police
and anti-government protesters. A fight broke out on November 20 at the
Tin Shui Wai station, forcing the subway operator to close it, while
some protesters obstructed carriage doors, causing delays on the Kwun
Tong, Tsuen Wan, Tseung Kwan O and Island lines.
The Wetland Seasons Park, due for completion in March 2021, is
the first residential property project to go on sale in 2020, and the
first new community to be launched in Tin Shui Wai in 10 years, with 710
units offered so far.
The flats are priced between HK$9,995 per square foot, and up to
HK$16,284 per square foot (US$195 per square metre), with the smallest
one-room studio priced at HK$3.75 million, while a four-room flat costs
HK$17.4 million.
To attract buyers, SHKP had offered discounts for Wetland
Seasons Park, pricing them lower than second-hand homes in the
neighbourhood, and offered a range of financing options with generous
mortgages, agent said.
Ahead of Wetland’s launch, property owners at nearby Kingswood
Villas, developed by Cheung Kong Holdings from 1991 to 1999, had been
selling their homes to trade up to the newer property.
As many as 531 homes changed hands at Kingswood Villas as of
December 23, about 3.3 per cent of the 15,920 units in the 58
residential blocks there, according to data by Midland Realty. Prices
have dropped to a 10-month low of below HK$10,000 per square foot in
some units, where a 550 sq ft flat at the Kenswood Court building sold
for HK$5 million on December 20, while a 548 sq ft unit at Locwood Court
changed hands at HK$5.5 million, according to an agency firm sales
data.
The activity at Kingswood Villas, home to almost 40,000
residents according to Hong Kong’s 2016 census, shows how the
residential property market is trying to find its footing after the
city’s seven-month long political crisis sapped appetite for long-term
investments.
(South China Morning Post)
华置向「铺王」邓成波购荃湾重建项目餘下股权
邓成波家族及陞域(控股)有限公司 (「Stan Group」)与华人置业集团早于2018年成立合资公司 - 隆裕(香港)，合作发展荃湾马角街14至18号工厦项目，项目原为栢狮电子大厦，物业总楼面面积超过12万平方呎。
邓成波家族及华人置业各佔合资公司50% 股权，合资公司将负责项目营运及工程建设事宜。
华人置业(00127)今天公布，以代价不超过3.6亿元，向邓成波收购隆裕(香港)餘下49%权益及贷款，于交易完成后，隆裕(香港)将成为该公司间接全资拥有附属公司。
荃湾马角街14至18号工厦项目正在重建，用作工业用途，项目于2019年年底申请放宽2成地积比率重建23层高新型工厦，包括设2层地库停车场，总楼面面积将达约22.8万方呎，预期于2024年底前完成。
(星岛日报)
星光行中层呎价约2.1万售
代理表示，尖沙咀星光行中层5室，面积约1,217平方呎，业主原本叫价2,921万元放盘，议价后以2,555万元易手，呎价约2.1万元。
单位连租约出售，现由金融公司承租，呎租约38元，租期至2021年底，新买家可享约2.2厘租金回报。
(星岛日报)
租金回调甲厦价料跌1成
甲厦租金向下，业内人士认为，受整体气氛影响，料今年甲厦租售价均下跌约1成。
12月份为传统淡季，加上近月社会事件影响，多幢指标商厦均乏买卖成交。据代理统计，截至上月中，2019全年录得约844宗写字楼买卖个案，按年大幅减少近六成，创17年来新低，资料显示，2002年商厦买卖宗数跌穿1,000宗至约977宗水平；而全年总成交金额则录得约566.5亿元，重返至2015年水平，对比2018年减少约37%。
第四季港岛甲厦仅3宗买卖
按月分析方面，自8月起已连续5个月单月成交宗数不足50宗，当中9月及10月份更只有20餘宗。事实上，港九指标商厦买卖连月仅录得零星成交，港岛区第四季只录得约3宗个案，当中资深投资者罗守辉购入上环信德中心招商局大厦中低层13室，面积约1,057平方呎，成交价约2,618万元，平均呎价仅约24,768元。翻查资料，同层16室，面积约1,638平方呎，于2017年中以呎价约2.5万元易手。
至于港九指标商厦租赁交投价量亦持续递减，按成交量计算，第四季累计约70宗，较去年第四季120宗，减幅约40%。2019录得约5,259宗个案，涉及总金额约6.75亿元，较去年分别下跌约16%及14%。
力宝中心逾5千呎每呎68元租出
代理分析，由于本地事件令不少机构抱审慎态度，近期少有扩充，租金亦渐向下，故买卖价格同样受压。租务成交上，近期金鐘力宝中心1座23楼1室，面积约5,168平方呎，以每月35万元租出，呎租约68元，同区海富中心1期8楼3B室，面积约5,568平方呎，以每平方呎约45元租出。
对于后市，代理认为，各区空置率整体上升，指标商厦买卖及租务仅录得零星买卖成交，预计今年甲厦租售价跌约1成。他提到，甲厦业主实力仍相对强，大幅减价个案仍然不多，故料价格不会出现太大跌幅。
(星岛日报)
远东金融呎租58元低市价约一成
消息指，金鐘远东金融中心中层单位，以每呎58元租出，低市价约10%，并重返两年前水平。
重返两年前水平
市场消息指出，金鐘远东金融中心中层05室，面积约2400方呎，以13.92万租出，平均呎租约58元。代理表示，受政经多项不明朗因素困扰，甲厦市场观望气氛瀰漫，加上近年企业迁出核心区已成大趋势，拖累租金备受压力，上述租金较市价低约10%，并重回两年前水平。
据代理资料显示，该甲厦近期频录承租个案，其中该厦高层单位，面积1.08万方呎，以140.4万租出，平均呎租约130元，租金水平明显高于是次承租个案；另外，资料亦显示，该甲厦录呎租低于每呎60元，追溯至2017年9月，当时该厦高层单位，面积597方呎，以31044元租出，平均呎租约52元。
湾仔会展广场录连环承租
湾仔中环广场中层08室，约4057方呎，以35.7万租出，平均呎租约88元，属市价水平；湾仔会展广场办公大楼录连环承租个案，该厦中层02室，面积约8255方呎，以45.4万租出，平均呎租约55元；同厦中层05室，面积约1303方呎，以69059元承租，呎租约53元。
(经济日报)
16 bids for Castle Peak bay site
The site in Castle Peak Bay, Tuen Mun Town Lot No. 518 on Castle Peak Road, received at least 16 tenders before bids closed at noon today.
Developers who bid include, Grand Ming (1271), Henderson Land Development (0012), K&K Property, Chinachem Group, CK Asset (1113), K. Wah International (0173), Kerry Properties (0683), Sino Land (0083) and mainland developer Kaisa (1638).
The site offer 146,000 square feet and the maximum gross floor area is about 580,000 sq ft.
Market surveyors previously valued it at between HK$2.9 billion and HK$3.6 billion.
(The Standard)
SHKP expected to make land donation
Sun Hung Kai Properties is likely to announce a land donation today after the developer was criticized for not cutting shopping mall rents.
The company will hold a press conference on a large-scale community project, at which it is expected to donate a part of its land reserve for social housing or launch a housing project for charity.
In response to media reports that it hadn't cut shop rents for some of its small tenants, the developer clarified that it has offered rent reductions to tenants based on different circumstances including their operating conditions, and the rent would be adjusted according to the latest market conditions when renewing or signing a new lease.
Meanwhile, SHKP's rental project Townplace Soho in Central will be open for lease this March, with the first batch of 50 apartments offered at a minimum rent of HK$22,000 per month.
Elsewhere, shopowners in Mong Kok are slashing prices to sell street shops. The owner of an 830-sq-ft street shop at Shantung Street had cut the initial asking price by 40 percent to HK$210 million. The current SmarTone store has a rent of HK$450,000 per month.
HKR International (0480) will put five houses in Il Picco at Discovery Bay, sized between 2,023 sq ft and 2,171 sq ft, for sale by tender next Wednesday. This would be the first batch of houses in the district since 2002.
Henderson Land Development (0012) also plans to launch its first units at The Richmond in Mid-levels before Chinese New Year with minimum investment lower than HK$8 million.
In other news, JP Morgan expects housing prices to fall 10 percent this year as the unemployment rate is expected to rise, triggering negative sentiment. But the investment house projects buying sentiment will recovery in the second half.
(The Standard)
骆克道巨铺减12%租出裕泰兴家族持有呎租33.8元
社会运动重挫铺位市场，惟部分护老院仍积极扩充。消息指，由裕泰兴家族持有的湾仔骆克道巨铺，近期获护老院以60万承租，较旧租金下跌约12%，最新平均呎租约33.8元。
市场消息指出，上址为骆克道233至243号星港大厦地下D号铺及1至3楼全层，面积合共约17750方呎，以每月60万获护老院承租，平均呎租约33.8元。据悉，该巨铺旧租户为娱乐场所，旧租为68万，故租金跌幅约12%。
护老院进驻
据土地註册处资料显示，上址业主于2018年以1.68亿购入，并以公司名义溢阳有限公司（RIGHT BOOST LIMITED）持有，註册董事为梁婉玲及郭卓彦，其中梁婉玲（Leung Yuen Ling Elina）为裕泰兴家族成员罗守辉妻子，以最新租金计算，租金回报约4.3厘。
租金回报4.3厘
知情人士透露，受连串社会运动拖累，市场观望气氛瀰漫，对铺位市场更属首当其冲，惟同类大楼面放租盘已近乎绝迹，加上护老院需求殷切，于市场上合适供应业相当有限，故促成上述租赁。
另外，虽然市场观望气氛仍浓，惟商厦市场仍频录成交，市场消息指出，长沙湾亿京广场II期高层F室，面积343方呎，以591.4万售出，呎价约17241元，高市价约一成，创该厦过去一年新高水平；此外，据土地註册处资料显示，由亿京发展的新蒲岗万迪广场9楼C及D室，于上月11日分别以1588.4万及2228.6万成交，合共涉资约3817万，买家为香港循理会（THE FREE METHODIST CHURCH OF HONG KONG）。
亿京广场呎售1.7万
另一方面，上环信德中心招商局大厦高层10至11室，面积约5112方呎，以36.8万租出，平均呎租约72元，属市价水平。
(星岛日报)
Economic slowdown to dampen property prices
Property prices in Hong Kong will fall between five and 10 percent this year, amid an economic slowdown, according to a real estate agent.
Though calm has largely returned to the streets, which may improve domestic consumption, employment and salary growth will be impacted by a slowdown in the economy, the agent said.
The agent expects the property market to boom after the Chinese New Year, adding that the hot sales of some new projects are due to smaller units and attractive prices, but other units are not selling quickly.
In the primary market, CITIC Pacific has collected HK$95.44 million after selling five flats at The Entrance in Ma On Shan by tender so far this month. The developer has launched 84 flats at The Entrance for sale by tender since Monday. The project has obtained an occupation permit.
Also, Great Eagle (0041) sold a three-bedroom flat at Ontolo in Tai Po for HK$24.1 million, or HK$19,551 per sq ft, by tender.
In the secondary market, another real estate agency firm reported eight secondary transactions at Taikoo Shing so far this month.
Meanwhile, home owners continued to woo buyers with price cuts as more loss-making deals were recorded in luxury transactions.
A 716-sq-ft flat at Tai Koo Shing in Quarry Bay changed hands for HK$13.38 million, or HK$18,687 per sq ft, after HK$1.62 million was slashed from the original asking price. Also in Quarry Bay, a three-bedroom flat at Kornhill fetched HK$9.38 million, or HK$15,791 per sq ft, after HK$420,000 was cut from the asking price.
In the luxury market, Decade Or Chun-ping, chairman of Taste of Asia which owns Cafe 100%, bought a 2,520-sq-ft house at Hong Lok Yuen in Tai Po for HK$38.5 million, or HK$15,300 per sq ft. The buying price was HK$4.84 million lower than the HK$43.34 million paid by the seller five years ago. The vendor would incur a loss of at least HK$7.06 million after paying stamp duties and commission fees.
(The Standard)
