Real Estate News
Core transaction data: Market analysis: Driving factors of the price plunge: In January 2024, a home ownership flat in Hoi Lok Court, Cheung Sha Wan was sold for HK$2.75 million without paying the land premium, setting a new low in the history of the second-hand market in the court. The 390 sq ft unit was sold for an astonishing HK$7,051 per sq ft, a drop of HK$28.61 per sq ft (1.1 million) from the HK$3.85 million paid for a similar low-floor unit earlier in the same month.
The main small and medium-sized units are discounted at 3% to attract customers. The actual price per square foot is as low as 15,591 yuan. The entry threshold is only 4.09 million yuan. The show unit is open from now on...
Cross-generational property demand is activated. Railways become the core of family asset allocation. Infrastructure dividends are released again. The TOD model of Tsing Yi Station has created a new pole for property investment. The policy multiplier effect is evident. Mid-priced properties have become the new equilibrium point of the market. The cross-border asset restructuring trend has created a new game pattern in the property market. The outpost battle for the summer peak season...
Key HighlightsReal Estate Agency Analysis [Short-term investment boom reappears] A housing estate in Shatin City Centre recorded a quick profit transaction! Market sources indicate that Room C on the lower floor of Block 2 of Wai Wah Centre has a usable area of 308 square feet and is a two-bedroom apartment with a mountain view. An investor purchased the unit for HK$3.758 million in September last year and put it up for sale for HK$4.3 million after the transaction was completed at the end of last year. After negotiation, it was quickly sold for HK$4.12 million recently. Key Highlights✓...
A quick overview of project highlights, apartment type decoding, apartment type strategy decoding, market positioning, market heat analysis, regional advantage support, pricing strategy, the battle for new projects is fierce! Following the hot sales of the first phase of Belgravia Place, Henderson Land Development (0012) quickly launched the second phase of Belgravia Place...