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Central Plains' top ten housing estates rebounded in January

2020-01-31T10:19:12.734Z


The pneumonia epidemic in Wuhan has continued to spread, and the property market has seen price increases and price declines. Central Plains' top ten housing estates recorded 196 transactions in January, up about 59% month-on-month, and the average price per square foot dropped by four housing estates, including Laguna City and Taikoo Shing, respectively.


Real estate market

Written by: Lin Leqian

2020-01-31 18:05

Last updated: 2020-01-31 18:05

The pneumonia epidemic in Wuhan has continued to spread, and the property market has seen price increases and price declines. Central Plains' top ten housing estates recorded 196 transactions in January, up about 59% month-on-month, and the average price per square foot fell in four estates, of which Laguna City and Taikoo Shing fell 3.4% and 3.3% respectively, as of this weekend The volume of watchtowers rose slightly by 22%, with 278 appointments recorded.

Chen Yongjie, vice chairman and president of the residential sector of Central Plains Real Estate Asia Pacific, pointed out that trading was active before the Lunar New Year, and it was originally expected to have Xiaoyangchun at the end of the month. Fell, the deal sparse. However, rigid demand is still high, and there has been no case of landlords selling at prices. I believe that when the epidemic is under control, the accumulated purchasing power will erupt, and Xiaoyangchun may be postponed until March and April.

Agency: Decrease in dwellings by more than half after Chinese New Year

The price per square foot of Laguna City in January fell 3.4% to 14,012 yuan, and the volume of transactions more than doubled about 31. The price per square foot in Taikoo Shing fell 3.3% to 19,262 yuan, with 23 transactions; %, Sold 16,257 yuan per square foot, recorded 19 cases; Kornhill Garden price dropped 2.9%, there were 11 cases.

Although the number of dwellings increased slightly by more than 20% this weekend, Wang Qinxue, deputy regional sales manager of Yuen Long, Central Plains Real Estate, said that after the Chinese New Year, the dwellings in the area were reduced by more than half compared with the same period last year. There are also owners who refuse to open their units and use videos and photos to let buyers understand the unit structure. He added that the current sellers reduced their prices by about 3%, and they did not see that the pneumonia epidemic had much impact on the property market.

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Source: hk1

All news articles on 2020-01-31

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