One-hand private building supplies this year, the total supply of 18,600 units
Affected by the spicy move of the government property market, many buyers turned to private hand-to-hand market in recent years, prompting record sales of multiple developers for sale last year. According to Ricacorp Real Estate Research Department, there are 111 first-hand private residential properties in various districts in the territory this year with the opportunity to launch the market this year with a total of 31,000 to be offered, up 8.5% on a year-to-year basis. However, the actual sales figures will be adjusted according to market conditions and development According to the individual deployment of business operators, the estimated total actual supply of private residential flats for this year is about 18,600, slightly up 0.9% from 18,400 in 2017.
Cannes 6 2392 largest group of friends
By district, the number of new properties and the number of partners in the New Territories are among the top three in Hong Kong in total. The number of new projects in the New Territories involves 51 projects involving a total of 20,000 partners, accounting for about 65% of the overall potential supply for the year. Tai Po is the most potential source of supply with a total of 6 projects providing 6,027 projects. Among them, the largest one is the Lai Chi Shan Shan Tong Road project of China Overseas (00688) and the project of Broad Earth Point Branch and Boxing Road of Xindi (00016) , Respectively, involving two groups of 1,500, totaling nearly 50% of the total supply in Tai Po. Another new site is Tseung Kwan O. During the year, there were a total of 5419 potential suppliers. Among them, the largest number of projects was Phase 6 of Lohas Park during the year in collaboration with Nan Fung and MTRCL (00066), involving 2392 [Table] The largest new dish in Hong Kong.
Kowloon supply this year is the second highest of the three major districts in Hong Kong with a potential supply of 7293 units, covering 23 projects. Among them, Kwun Tong, which is jointly developed by Sino Land (00083), Sino Land (00127) and URA, Phase 2 and 3 of the redevelopment project involve 2000 groups, the first large-scale new disk in the region in nearly 30 years. The number of units involved is the second highest in Hong Kong.
Hong Kong Island has 37 new projects this year, involving a total of 3631 groups, of which the supply is largest in the North Point. A total of 5 projects in the region provide a total of 1479 units.
Newly reelected items and unit volume double champion
According to the developer statistics, this year Xintiandi reelected the number of projects and unit supply double champion, the group a total of 12 projects available for sale this year, providing a total of 4674, accounting for up to 15% of the overall potential supply.