Although there were political events in the second half of last year and the Sino-U.S. Trade war continued, since housing prices in various housing estates have accumulated a lot of gains in the first half of last year, the trend of the whole year is generally summarized, with a general increase of 0.4% to 9.3%
Huangpu Garden is the king of appreciation.
According to our comprehensive agency data, although there were political events in Hong Kong in the second half of last year, the prices of big housing estates also recorded an increase in the past year, ranging from 0.4% to 9.3%, of which Hung Hom Whampoa Garden had the largest year-on-year growth of 9.3%, followed by Taikoo Shing, Quarry Bay, which increased by 8.9%, while City One Shatin and Laguna City, Kwun Tong increased by 8.7%
In addition, the Lai Chi Kok Mei Foo New Village, a blue-chip housing estate, sold about 12,824 yuan per square foot in January last year, and rose by 5.3% to 13,500 yuan per square foot last month. As for Tianshui Wai Kingswood Villas, the average square footage last month was about 10,371 yuan. Compared with 9988 yuan in January last year, it increased by 4.9%.
Affected by social movements in the second half of last year
Bu Shaoming, chief executive officer of Midland Housing Department, said that despite social movements in the second half of last year and the Sino-US trade war, the property market has always performed well in the first half of last year, and many housing prices have risen cumulatively by 10% or more. Political events in the second half of the year have led to a cautious atmosphere in the property market, and property prices have fallen by about 6% to 7%. However, in the final settlement, housing prices still recorded an increase, and housing prices that increased year-on-year tended to fall more often. Much more.
Widening of discussion
Chen Kunxing, Managing Director of Qfangwang Hong Kong, said that demand for rigid home purchases in Hong Kong has continued. Many units have been offered by buyers as long as the owners wish to reduce their prices by 5% to 6%. Significant price reductions for sale, coupled with the better market conditions in the first half of last year, the cumulative increase in property prices has also caused housing estates to rise more than decline in property prices last year.
He also believes that the market conditions will rise steadily this year and there is little chance of a sharp decline
On the other hand, the recent market conditions are still more prudent, and some owners are also willing to provide certain bargains. Huang Mingjie, the business manager of Hong Kong Real Estate, said that Changsha Bay Hongjing Terrace is the main, and the recent owners are also willing to provide about 2% to 3% of the bargaining space.