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[Wetland Seasons Park Opens for Sale] Agent's Response to Exceed Expectations

2020-01-04T02:56:10.231Z


Wetland Seasons Park, a subsidiary of SHKP (0016), opened for sale in the first round today. Bu Shaoming, the chief executive officer of Midland Real Estate and Residential Department, said that buyers of new properties were enthusiastic and had the highest attendance rate in the past six months. Among them, users accounted for 7


Real estate market

Written by: Jiajun Qu

2020-01-04 10:42

Last updated: 2020-01-04 10:43

Wetland Seasons Park, a subsidiary of SHKP (0016), opened for sale in the first round today. Bu Shaoming, chief executive officer of Midland Real Estate and Residential Department, said that buyers of new properties were enthusiastic and had the highest attendance rate in the past six months. Among them, 70% were users and investors accounted for 30%, it is expected that the future rental return can exceed 3%.

In terms of buyer distribution, he pointed out that after 80 to 90, buyers accounted for about 60%, mainly in the New Territories. Among them, Tianshuiwei buyers received the most votes, and the remaining 20% ​​were buyers from Kowloon and Hong Kong Island. He expected the first round today. Sales will be "one Q clear bags", set the stage for 2020.

Regarding the first-hand and second-hand market conditions, he expects that Xiaoyangchun in the property market will stealthily appear in January. The first-hand market will be the first to flourish. With Wetland's hot sales, there are two new listings on Hong Kong Island, which can speed up first-hand transactions. It is expected that there will be 1,200 transactions this month This was a sharp rebound from less than 500 cases last month.

Bu Shaoming believes that the market has just been strong for units below 10 million yuan, and the market has held a wait-and-see attitude for the past few months. It is mainly plagued by social events and the Sino-US trade war. With the two incidents stabilizing, it is believed that the property market can stabilize and rise.

Fang Qiming: Pricing restrains pasting prices in the same district

Fang Qiming, senior senior business director of Tuen Mun, Yuen Long, Tin Shui Wai and Castle Peak Road, Zhongyuan Real Estate pointed out that Group A has a large number of customers. It has never thought of such a turbulent response beyond expectations, which is related to more reasonable and restrained real estate pricing. He expected that the attendance rate of Group B guests reached 80% to 90%, which was mainly on the car disk. Because the new disk pricing was close to the second-hand price in the same district, it could also attract some owners of old buildings in the same district to change houses.

Fang Qiming said that the market has accumulated a lot of purchasing power in the past six months, and Xiaoyangchun will not consume purchasing power. (Photo by Ou Jiajun)

He expected that the Wetland sales will drive other first-hand markets. With the signing of the first round of trade agreements between China and the United States, coupled with the market's expected low interest rate environment this year, central banks of various countries will stimulate the economy with quantitative measures, and it is estimated that the property market atmosphere will continue to improve.

He said that the cumulative purchasing power in the past six months is quite large, and it is estimated that the purchasing power will not be consumed by Xiaoyangchun. Personally, the property market is expected to increase by 5 to 10% throughout the year.

New Year's Head Shot! SHKP Wetland Seasons Park on sale temporarily exceeded 11 times

Wetland Seasons Park

Source: hk1

All news articles on 2020-01-04

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