Real estate market
Written by: Huang Jie
2019-12-02 08:50Last updated: 2019-12-02 08:51
Zhongyuan Real Estate's top ten housing estates have just recorded eight transactions on Saturday and Sunday, which have not changed from last week. Half of the housing estates recorded zero transactions, including Kornhill, Mei Foo Sun Chuen, Laguna City, Metropolis, City One.
Central Plains Real Estate Asia Pacific Vice Chairman and President of the Residential Department Chen Yongjie said that the traffic in all districts was smooth this weekend, the activities of the towers returned to normal, and the atmosphere of the market was positive. The market outlook waits and sees, most of them are only willing to provide a bargaining space of less than 5%, but many buyers are expecting a large price reduction, which has led to a stalemate in second-hand trading.
Lu Jinghao, chief district sales manager of Lei South Road Branch, Ap Lei Chau, Southwest District of Central Plains Real Estate, said that three transactions were recorded on the Haiyi Peninsula over the weekend, with an average saleable price of about 16,650 yuan. The weekend recorded 32 high-rise G rooms with a saleable area of 686 square feet. The unit was changed hands for 11.2 million yuan, equivalent to an average saleable price of 16,327 yuan. The original owner bought the unit for 8 million yuan in 2016 and held the stock for 3 years. The book profit was 3.2 million yuan, and the unit appreciated by 40%.
In addition, the other top ten recorded housing estates include Taikoo Shing (1), Whampoa Garden (1), Kingswood Villas (2), and Yingwan Garden (1).
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