HK (+852) 3990 0799

Deals remain dull as agents batten down


The number of deals at 10 major housing estates in Hong Kong rose to seven over the weekend but still remained in the single digits, as two major property agencies said they are planning further cutbacks amid a weak market.

A property agency reported seven transactions in 10 blue-chip estates, compared to none a week ago, with buyers expecting the government to scrap the property cooling measures in the upcoming budget.

Another property agency too posted seven deals, with the number stuck in the single digits for the fifth consecutive week.

This came as both agencies, two major real estate agencies in Hong Kong, revealed plans to downsize amid a weak market.

Hong Kong's economy and the property market are facing structural changes, an agent said, adding that the agency is planning to close about 20 percent of its branches this year and may also see its staff numbers decline by 400 to 500, the agent said.

Although the rental market has become more prosperous, it only accounts for about 20 percent of the first agency's business and cannot fully compensate for the decline in residential transactions, the agent said.

The agent added that transactions in the local property market may return to normal levels only after the US starts to cut interest rates.

Hong Kong private home prices dropped 6.8 percent last year, a second year of decline, as high interest rates and the slowing economy continue to weigh on sentiments.

Another agent from the second agency meanwhile said the group has been downsizing due to market conditions, closing about 140 branches and losing over 1,700 employees in 2023.

The agent said the company may further shrink its business if the economy continues to deteriorate.

In the primary market, Sino Land (0083) is planning to launch four new projects this year, offering a total of 1,961 flats.

Among them, One Central Place in Central, which will provide 121 flats, is expected to launch sales in the first quarter.

In the commercial market, the number of new shop registrations dropped 15.4 percent month-on-month to 66 last month, according to the agency.

In other news, a three-story house at 15 Moorsom Road, Jardine's Lookout, saw its indicative price reduced by 17 percent to HK$190 million, according to an international property agency.

(The Standard)

 

工商舖錄188宗成交 代理行:按月跌3%

工商舖買賣處低位,有代理行資料顯示,1月份共錄約188宗成交,金額僅錄得約18.64億,創自2020年2月以來新低。

該行代理表示,據統計,1月份市場錄約188宗工商舖買賣,總金額約18.64億,按月分別跌約3%及約70%,按年分別下調約13%及約54%。

金額大跌70%商廈最傷

3大範疇中,商舖買賣宗數由12月約49宗,微跌14%至約42宗,金額僅錄約5.48億,按月跌約68%,投資者羅守輝持有的葵芳興芳路208號葵芳匯地下及1至3樓以約3.1億沽出,新買家為華潤隆地,料回報高達6厘。

該代理續表示,寫字樓買賣宗數上升,由12月約22宗,1月份大幅增加41%至約31宗,金額僅錄約3.99億,按月大減約87%,反映寫字樓以低銀碼為主。工廈買賣交投走勢穩定,宗數按月及按年分別微跌約7%及3%,月內工廈出現矚目成交,香港浸信會醫院以約1.37億購入觀塘偉業街105號全幢活化工廈。

商舖買賣42宗按月跌14%

該代理分析,1月股樓疲弱,即使政府首季停止推商業及住宅地皮,未有提升買家入市信心,預料本月工商舖買賣低位徘徊。

(星島日報)

 

馬亞木6300萬沽金馬倫道孖舖 盛滙商舖基金承接連約回報5厘

尖沙咀金馬倫道變身食肆,人氣急升,尤其受內地客追捧,該街道亦剛錄成交,盛滙商舖基金斥資6300萬購入孖舖,連約回報5厘,原業主為「小巴大王」,持貨20年升值17%。

金馬倫道17號A及B舖,接近加拿分道旺段,由盛滙商舖基金斥資6300萬承接,建築面積1950方呎,平均呎價3.23萬,現址肥仔麵家及 Sooshi 壽司,月租共26.2萬,回報5厘。原業主為「小巴大王」馬亞木,於2004年9月以5370萬買入,持貨20年,帳面賺570萬,物業升值17%。

平均呎價3.23

盛滙商舖基金創辦人李根興回應,買入此孖舖最大原因,極睇好核心區舖市前景,大批內地客來港,春節期間內地遊客破疫前紀錄,核心區周街逼滿人!大灣區融合發展,期望落實「一簽多行」,配合各區夜繽紛活動及盛事,下半年美國減息,以及3000萬投資移民計劃落實,四大核心區舖市最受惠,尖沙咀是首選。

他笑言,深圳周街廣東話,尖沙咀周街普通話,港人北上消費不會逆轉,南下旅遊經商亦越來越多,帶動大灣區融合經濟發展。踏入今年盛滙租出四間舖,3家租客為內地背景,過江龍租客及買家越來越多。

他又說,基金成立至今,已買入106間街舖,涉資18.4億,通關後加碼,今年目標掃入多約8至10億街舖,約40至50間,每間約2000萬至3000萬,目標金額為60%核心及40%民生區。

李根興:尖沙咀周街普通話

他預期,舖市今年「先苦後甜」,小陽春在《財政預算案》後3至4月份出現,下半年有望減息,價量會轉,預期舖價觸底回升,幅度約3%至8%。核心區表現較佳,售價升約8%,民生升約3%。核心租金明顯跑贏,升幅約10至15%,民生舖租升幅約2至5%。商舖買賣按年升約25%至約250億,約1300宗水平。

(星島日報)