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力寶中心每呎38元租出


甲廈租賃轉趨活躍,金鐘力寶中心一個單位,建築面積約2055方呎,以每呎38元租出,租金略低於市價水平。

市場消息透露,金鐘力寶中心一座中高層08室,建築面積約2055方呎,以每呎約38元租出,涉及月租7.8萬,近期該廈租賃,呎租介乎40至47元,最新租賃略低於市價水平。

每月租金7.8

力寶中心對上一宗租賃為1座中層7室,建築面積約1887方呎,以每呎約47元租出,月租約8.86萬,代理指,該單位上一手呎租約60元,租戶於2019年7月遷出,業主隨即以每呎約78元放租,隨着2019年下半年動亂發生,加上緊隨着疫情爆發,甲廈市場冰封,力寶中心呎租曾跌至每呎33元水平,上址業主沒有作大幅減價,直至單位丟空多時,態度逐漸軟化,在接近三年後,最終以市價租出,較上一手租金下跌約21%,亦反映甲廈於過去三年以來,甲廈租金受負面因素影響,所錄得的跌幅。

資料顯示,一座中層6室,建築面積1570方呎,今年4月以每呎約42元租出,略低於市價水平,月租約65940元,較上一手租金每呎53元跌約20%。 去年5月,力寶中心一座高層D室,面積約2343方呎,獲中資企業以每月7.73萬承租,平均呎租約33元,為該甲廈11年以來新低水平。

(星島日報)

更多力寶中心寫字樓出租樓盤資訊請參閱:力寶中心寫字樓出租

更多金鐘區甲級寫字樓出租樓盤資訊請參閱:金鐘區甲級寫字樓出租

 

灣仔限呎地明截標掀財團角逐

相隔近8年再有灣仔區賣地表地皮供應,為灣仔皇后大道東269號、即呂祺教育服務中心限呎住宅地,將於明天(周五)截標;綜合市場估值約16.96億至18.82億,每方呎樓面地價約14600至16200元。業內人士指,市場對同區住宅地供應渴求,料掀各路財團競逐。據了解,新地等將會研究入標。

上述用地加入最低單位面積約280方呎的限制,發展商並未因「限呎」條款而影響投地興趣,新地指,集團將考慮研究入標。而華懋亦研究入標。

新地華懋研究入標

有測量師說,地理位置優越,屬市區罕有新供應;由於該地設限呎因素料對發展商有一定影響;惟項目地盤面積較細,涉及投資額不大,相信會受市場歡迎,料掀各大中小財團競投,料屆時可截獲10份標書。

每呎估值1.4萬起

地盤面積約1.32萬方呎,可建總樓面約11.62萬方呎。距離港鐵灣仔站約10分鐘步程,附近社區配套設施充足。

據地政總署資料顯示,上月僅有一宗補地價項目,為第一集團旗下九龍灣宏泰道14號項目,新近以7.2413億完成補地價程序,以總樓面約21.9萬方呎計,每呎樓面補地價約3307元。第一集團指,該項目前身為一幢工業大廈,地盤面積約1.82萬方呎,將重建樓高21層的寫字樓,中高層單位可享有維港海景及啟德發展區遼闊景觀,預計於2024年落成。

(星島日報)

 

外資代理行料住宅樓價 今年升3至5%

核心區甲廈租料回升 惟舖租恐跌15%

住宅市場表現穩定,有外資代理行認為,即使香港可能加息,幅度料不高,對樓價影響有限,相信今年全年樓價升3至5%。非住宅方面,該行看好核心區甲廈租金見底回升,惟核心區舖位租金再跌約15%。

新盤帶動氣氛 加息影響有限

該行代理指,受第五波疫情影響,今年上半年香港住宅樓價錄得輕微跌幅,但仍處高位。該代理認為,近期見新盤銷情理想,反映需求仍強勁,下半年續有新盤帶動氣氛,相信住宅交投較上半年理想,預計全年一、二手總成交量將回落5.5萬至5.8萬宗,其中一手成交佔25%。樓價方面,該代理指下半年樓價續向上,全年升幅約3至5%。

對於美國加息步伐快,該代理認為按過往歷史,香港未必跟隨美國加息,即使加息幅度不會高,對供樓人士負擔不高,全年中小型住宅樓價升3至5%,有機會再創歷史新高。至於豪宅,因購買力來自內地及海外買家,在未通關下,預計豪宅樓價全年微升3%內。

中環甲廈租金 有望升1

非住宅市場方面,該行另一代理指,疫情緩和下,商廈看樓活動增加,核心區甲廈租務有改善,該代理認為,過往3年甲廈租金已累跌3成,今年上半年跌幅明顯收窄,故相信甲廈租金已見底,今年核心區中環有望回升5至10%。不過。空置率較高的北角以及黃竹坑,租金仍有下調的壓力。

商舖市場上,該行另一代理分析,零售消費市道難單靠本地市場支撑,在未通關前,核心區商舖租務難活躍,吉舖仍多,故預計商舖租金跌勢未止,今年再跌15%。

(經濟日報)

 

第一集團前總部補價7.24億

第一集團旗下九龍灣宏泰道14號、前身為第一集團總部,最新透過「標準金額」完成補地價,以重建寫字樓,涉及金額7.24億元,以總樓面約21.9萬平方呎計,每呎補地價約3,307元。

採「標準金額」計劃 每呎3307

第一集團旗下九龍灣宏泰道14號,前身為第一集團總部,鄰近MegaBox。是次補地價金額涉及7.24億元,地盤面積約1.82萬平方呎,總樓面面積約21.9萬平方呎,每平方呎補地價約3,307元。項目是次透過「標準金額」計劃進行補地價,故補地價金額及審批時間都在預期之內,大減申請補地價時的風險。

集團表示,項目預計2024年落成,寫字樓樓高21層,全幢寫字樓高約120米,中高層單位可享維多利亞海景及啟德發展區遼闊景觀。地下及2樓均設有商舖,3樓至25樓為寫字樓樓層,共112個寫字樓單位,單位面積由1,497至全層14,451平方呎,標準樓層每層設6個單位,並設全層及特色單位。同時,地庫三層提供127個私家車車位。

翻查資料,是次為第7宗透過「標準金額」補地價計劃,並以簽立土地契約修訂文件的工廈重建個案。翻查其餘4個位處九龍東、透過該計劃補地價的工廈重建個案,該4宗每呎補地價介乎3,200至3,400元。

(經濟日報)

 

Experts mixed on property price trends

Citibank expects Hong Kong's property prices to fall up to 10 percent this year amid higher mortgage rates but a property agency believes that they will rise up to 5 percent as market sentiment improves.

Expected aggressive US interest rates hikes will push up Hong Kong interbank offered rates, and therefore, the costs for homeowners while emigration is also projected to exacerbate the fall, said Citi economist Adrienne Lui Chi-ngan, who believes it may take six to nine months before the property market can fully digest these negative impacts.

The one-month Hibor rose to 0.52 percent yesterday, the highest since September 2020, while the 12-month rate hit 2.85 percent, the highest since 2008. "Rising interest rates have played a part in cooling what was a very hot property market back in 2021, with prices down from their historical peaks," an analysts said. Prospective homebuyers will be deterred from buying homes and "on the whole, rising interest rates will cool the market," the analysts said.

The analysts expects that the one-month Hibor to rise to 2 percent by the end of this year.

However, the property agency said that with the pandemic under control and under the leadership of the new government, market sentiment will improve in the second half, with prices rising by 3-5 percent throughout the year.

Meanwhile, at least seven new projects are set to be put on the market this weekend including Henderson Land Development's (0012) Baker Circle Dover in Hung Hom, which has been 7.8 times oversubscribed with 1,600 checks. Hang Seng Bank (0011) said it will offer green mortgage loans for buyers of the project.

And Sun Hung Kai Properties (0016) said it has signed a five-year sustainability-linked loan facility with 16 banks with a size of up to HK$20.7 billion.

(The Standard)

 

Why rising interest rates are bad news for Hong Kong’s housing market

Hong Kong’s banks, which have refrained from raising mortgage rates so far, could be forced to lift them to keep up with the Fed increases

Property prices may fall once capital outflows accelerate as investors take advantage of higher rates in the US

Hong Kong’s homebuyers should be mindful of the impact of the upward cycle of interest rates in the US as local banks are likely to follow suit, thus reducing the appeal of the city’s property assets, analysts said.

“Those who are considering buying a home need to think clearly, [as] the market has actually started [to see] a cycle of interest rate hikes,” a property agent said.

If US interest rates continue to rise as expected, the city could see capital outflows, he said, adding that under such circumstances Hong Kong banks could keep up with the faster pace of interest-rate increases.

While Hong Kong banks have held back from raising mortgage rates, the possibility of higher interest rates have been looming since the Federal Reserve raised its benchmark borrowing cost by 25 basis points in March and 50 basis points in May to tame the fastest inflation in four decades. The market expects the Fed to raise by 75 basis points this week in what would be the most aggressive tightening since 1994.

The US central bank has flagged 10 increases through the end of 2023. The Hong Kong Monetary Authority increases its base rate in lockstep under its linked exchange rate system to preserve the local dollar’s peg to the US currency.

Last week, the HKMA said global capital flows and geopolitical risks were Hong Kong’s biggest challenges for the next few years. HKMA chief executive Eddie Yue Wai-man warned that the cost of borrowing money will continue to rise, which will lead to more capital leaving the city.

The Fed’s rate increase has also seen capital outflow from Hong Kong, with the HKMA intervening seven times since May – selling US$4.54 billion and buying HK$35.63 billion – to maintain the currency peg.

“This is actually a signal that capital in the market will actually begin to tighten,” the agent said. “Higher price levels will lead to rate hikes, which will be a negative factor for real estate.”

Other market observers concurred.

“Rising US interest rates will drive capital outflows to the US,” said Sam Chi-yung, chief strategist at Patrons Securities, adding the city’s property prices may fall once capital flight accelerates as investors take advantage of higher US rates and stand aside for potential policy changes after incoming Chief Executive John Lee Ka-chiu takes over the reins next month.

Sam said that investors were always on the hunt for better yielding assets. Ten-year US Treasuries yielded 3.3 per cent on Tuesday, while the yield on office, retail and small residential properties in Hong Kong stood at 2.4 per cent in April, according to data published by the Rating and Valuation Department.

“If [investors] simply buy a 10-year US bond, the yield is better than property. I think investors will prefer it,” Sam said. As Hong Kong real estate is sensitive to interest rates, any increase would be detrimental because of the associated rise in servicing mortgage payments, he added.

Some analysts, however, played down the impact of rising interest rates.

Another property agent said that “a rising rate environment having an adverse effect on real estate values is a fairly broad-brush comment”.

The agent noted that investors with diversified investments were unlikely to withdraw entirely from Hong Kong. Meanwhile, real estate investments were long-term by nature, so any major shift in allocation of funds does not necessarily correspond to just one event or reason, the agent added.

(South China Morning Post)