Hong Kong property market rebounded from bottom of last year to the top of second-hand trading

Source: Internet
Author: User
Keywords Property market Developer
Tags developer environment financial high market registration show speed
BEIJING, July 6, the interest of low interest in the environment, banks to actively fight for mortgages and the stock market rebound, such as a number of positive property market support, in the financial tsunami haze, the Hong Kong property markets speed rebound.  According to the Land Registry figures, the property market rebounded sharply from the trough of the fourth quarter of last year, with a total of 52,595 cases registered in the first half of the year, representing a 64.4% increase in the second half of last year, with the start of the new market in the first quarter, with 6,314 registrations in the first quarter, which rose by more than 3.6 times in According to the Hong Kong "Wen Wei Po", the Land Registry figures show that the total number of transactions registered in the first half of this year, including primary private buildings, second-hand housing, primary public housing, commercial and industrial parks and parking spaces, was 58,826, involving an amount of 2,056 500 million, representing a decrease of 21.9% and 28.8% respectively in  However, the figures also show that the property market rebounded significantly from the bottom of the fourth quarter of last year, with a total of 39,962 registrations in the second quarter of this year, up by more than 18,864 in the first quarter, and a registered amount of about 142.5 billion, up 1.3 times times from the first quarter.  Li Zhicheng, chief executive of the Hong Kong estates, said that the total property registration volume and the amount in the second quarter had been linked to a two-quarter high and a five-quarter high, reflecting the continued good of the overall property market. The Hong Kong Property Research Department pointed out that in private residential registration, the first-hand registration was the most outstanding, with a record of 6,314 cases in the second quarter of this year, Rose by more than 3.6 times times in the first quarter, even a 3-quarter-quarters-a-5-year high, the first-hand registration was driven by the developers ' push, and in recent months, the developers actively pushed the offer, which involved more than a dozen large housing estates, and subsequently recorded a good sales situation, thus making the first-hand registration highly innovative. Most of these large new discs are located in Xinjie District, including Silver Lake.  Tian Feng and  Hui Hauting, therefore, Xinjie District registered 3,621 cases in the second quarter of this year, which surged more than 20 times times from the 171 cases in the first quarter. According to the Hong Kong point of view, the number of second-hand registrations recorded a simultaneous increase, with a record of 29,554 cases of second-hand registration recorded in the first quarter, and 92% per cent on Hong Kong Island, with a 6,540 increase over the first quarter.  One of the reasons for the high number of second-hand registrations on Hong Kong Island is that the region has recently introduced fewer new launches, which have led to a major focus on second-hand markets.  In the case of the distribution of money, the increase in second-hand registration in excess of tens of millions of dollars in the period is the most significant, recorded a transaction of more than $1,083, a substantial increase of 1.3 times times from the first quarter; I believe that the property prices have fallen by more than 30% after the financial tsunami, and the recent housing market has stabilized, property prices have gradually rebounded, attracting a lot of strength buyers take the opportunity to come into the market. In the second quarter, the registration performance of non-domestic properties, including commercial and industrial parks, was also satisfactory, with a record of 4,094 cases, which rose by more than 90% (i.e. 92%) in the first quarter. These included 1,448 registered parking spaces, up by 51% in the first quarter, with Xinjie District in the second quarter, and nearly 60% of the registered parking spaces in the area, including the forthcoming capital,The exhibitors pushed for the sale of parking spaces in the estates to increase the registration of Xinjie District pure parking spaces.
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