上月中美國正式減息，香港亦跟隨，而本港大手物業買賣亦相繼落實，預計近期股市暢旺下，投資物業成交進一步上升。

近期工商物業連環錄大手成交，電商龍頭之一京東 (09618) 旗下京東產發，剛落實購入沙田利豐中心全幢，物業位於石門安平街2號，市場消息指，購入價約18億元，以全幢總樓面約48.73萬平方呎計，呎價約3,694元。

利豐中心全幢 18億沽

京東產發日前公布屬於利豐中心的買家，指出對於在香港購入新的物流設施感到高興，將繼續在香港擴展業務。

京東產發屬於電商京東旗下的投資及資產管理公司，在世界各地購入不少物流中心，市場估計上述購入利豐中心有機會部分作自用，配合在香港擴充網購業務。至於物業原由M&G英卓房地產投資持有，是次為今年罕有全幢工廈成交，並為今年至今最大宗工廈買賣。

星展銀行 購中環中心全層

另外，早前「磁帶大王」陳秉志持有的中環皇后大道中99號中環中心66樓及75樓兩層全層樓面，獲新加坡星展銀行斥資逾14億元洽購至尾聲，當中66樓的成交率先曝光，作價約為7億元。資料顯示，中環中心66樓全層，面積約26,967平方呎，呎價約25,958元。

長實 (01113) 2017年底以天價約402億元售出中環中心75%權益，涉及總樓面面積約122.27萬平方呎，平均呎價約32,878元；以最新66樓成交呎價計，較財團購入平均呎價低超過21%。據悉，星展銀行本身亦自用中環中心地舖及多層寫字樓，若連同最新購入兩層，現持物業8層全層寫字樓。

至於新世界 (00017) 續沽甲廈，據悉，長沙灣荔枝角道888號南商金融創新中心53個單位，由投資者約7.6億元承接，該批單位分布於23、25、26及27樓，面積約合共57,623平方呎，平均呎價逾1.3萬元。該批單位交吉易手，面積介乎424至2,561平方呎，據了解買家為投資者，現以每呎35元招租。

另外，市場亦錄銀主沽貨，涉及觀塘駱駝漆中心全幢，為一幢樓高7層之商廈，總面積約85,116平方呎，據悉以約4億元沽出。翻查資料，鄧成波家族早於2014年以約10.8億元買入上述駱駝漆中心全幢，並曾在2017年放售，當時意向價高達約28.8億元。物業早前已被銀主接管，淪為銀主盤。

分析指，上月初市場預計美國即將減息，而憧憬投資成本下降，投資者已開始部署收購物業，如今減息正式啟動，有助財團加快落實入市。此外，近期股市急升，令投資氣氛進一步向好，預計第四季大額買賣明顯加快。

(經濟日報)

更多中環中心寫字樓出售樓盤資訊請參閱：中環中心寫字樓出售

更多中環區甲級寫字樓出售樓盤資訊請參閱：中環區甲級寫字樓出售

更多南商金融創新中心寫字樓出售樓盤資訊請參閱：南商金融創新中心寫字樓出售

更多長沙灣區甲級寫字樓出售樓盤資訊請參閱：長沙灣區甲級寫字樓出售

Flat prices increased as sales decline

Developers in Hong Kong put their flats up for sale and raised prices in response to a decline in September sales.

The Hong Kong Land Registry announced 2,848 sale and purchase agreements of residential building units in September, down 22.1 percent monthly and 0.5 percent yearly.

Star Properties cut the discounts for the remaining units at After The Rain in Yuen Long by up to 3 percent, joining local developers in pushing home prices up from an eight-year low.

Last week, Sun Hung Kai Properties (0016) raised the average price of the second batch of 122 units at Cullinan Sky in Kai Tak by 6.5 percent to HK$20,939 per square foot after discounts, as most units in this batch "enjoy views of Kai Tak Plaza."

Blue Coast II in Wong Chuk Hang, developed by CK Asset (1113) and MTR Corp (0066), uploaded its prospectus, involving 558 units, indicating a potential price hike of 10 percent.

However, on Wednesday, SHKP placed 77 more units at phase 3B of Novo Land in Tuen Mun for sale. The average price was HK$3.10 million to HK$6.75 million after discounts, 2 percent cheaper than the previous batch.

The project sold 697 flats, over 90 percent, with all one-bedroom units sold out. The company also put 58 more flats at The Yoho Hub II in Yuen Long in the market with a average price of HK$14,698 per sq ft after discounts.

In other news, the Rating and Valuation Department's private property price index stood at 292.1 in August, down 1.7 percent month-on-month and 13.3 percent year-on-year.

(The Standard)

Hong Kong property deals slump to 7-month low, but things are looking up for October

Sales of new and lived-in homes, offices, shops, car parks and industrial spaces dropped 18.7 per cent to 3,843 units in September

Property deals in Hong Kong fell to a seven-month low in September as homebuyers and investors stayed on the sidelines awaiting the start of a policy easing cycle, analysts said.

But now that the cycle has commenced – with rate cuts from the US Federal Reserve and the Hong Kong Monetary Authority (HKMA) – property deals are likely to pick up.

“Major developers have been preparing to launch projects to capture the pent up demand following the interest rate cut,” an agent said. “At the current high inventory level, developers are still likely to prioritise competitive pricing where we foresee primary sales transactions to rebound in coming months.”

Sales of new and lived-in homes, offices, shops, car parks and industrial spaces dropped 18.7 per cent to 3,843 units in September, from 4,729 in August, according to data from the Land Registry. It is the lowest tally since February, when restrictions on property buying were still in place.

Total sales value fell by about a fifth to HK$27.7 billion (US$3.57 billion) from HK$34.3 billion in August, also the lowest point since February. And home sales fell 22 per cent to 2,848 units in September from a month earlier.

Two weeks ago, the Fed cut its benchmark interest rate by a half point and the HKMA followed suit. Hong Kong’s de facto central bank adjusts its policy based on what the Fed does to keep the local currency’s peg to the US dollar. Those moves paved the way for Hong Kong’s commercial banks to trim their rates, which is expected to translate into savings for borrowers who tie their loans to prime rates.

For example, on a HK$5 million loan over 30 years priced at prime minus 1.75 per cent, a reduction lowers the mortgage rate to 3.875 per cent, meaning the monthly payment drops by HK$720 to HK$23,512, according to a local mortgage broker.

Secondary market transactions are also likely to pick up with lower interest rates, the agent added.

Another agent said things are looking up for October, given the lower-rate environment and policy help from Beijing.

“With the dual benefits of interest rate cuts and support measures from mainland China, it is anticipated that overall property transactions will bottom out in September, followed by a significant rebound in October,” the agent said.

The agent also said preliminary expectations suggest that property transactions in October could exceed 5,000, representing a month-on-month increase of nearly 50 per cent.

Hong Kong’s first rate cut in four years has provided some optimism to the property market already. The first two new projects launched following the rate reduction saw strong sales over the weekend. Emperor International sold all 85 units that it made available at the One Jardine's Lookout development in Happy Valley, while Sun Hung Kai Properties (SHKP) sold 112 units or 93 per cent of the flats it listed at The Yoho Hub II in Yuen Long on the first day of sales on Saturday.

This weekend, SHKP is selling another 300 units at the Cullinan Sky in Kai Tak, while Lai Sun Development will offer 98 units at The Parkland in Yuen Long.

The first price list for the Lai Sun project, which covered 50 of the 98 units, indicated that they would be sold at a 10-year low. The first batch was priced at an average of HK$9,278 per square foot, 5.3 per cent lower than the average of HK$9,807 per square foot for the initial batch at The Parkhill, which was launched in 2015 by New World Development.