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Brisk demand for flats in the Northern Metropolis


Market demand for new homes was robust over the weekend with Sun Hung Kai Properties (0016) receiving over 500 checks for 50 flats at Park Yoho Bologna in Yuen Long and Henderson Land's (0012) One Innovale-Cabanna in Fan Ling also oversubscribed.

The two projects in the Northern Metropolis are the first to launch sales after the policy address on Wednesday, and cheap deals for the Fan Ling flats also spurred demand.

After receiving 500 checks for the first list, SHKP released a second price list of 20 flats Park Yoho Bologna flats, keeping the prices unchanged, and adding that the show units attracted a lot of visitors on weekends.

The 20 flats range from studios to three-bedroom units with areas of 279 to 609 square feet, and are priced from HK$4.03 million to HK$8.26 million after discounts, or HK$13,043 to HK$14,510 per foot.

As the flats are ready of occupation, the project attracted prospective buyers wanting a place to move into, a property agency said.

Meanwhile, Henderson Land said its first price list of 113 flats at One Innovale-Cabanna - the third phase of One Innovale - was one time oversubscribed. It was the first new project offered for sale after the policy address, with an average price of HK$14,088 per square foot after discounts. Another agency said the project attracted a lot of buyers with prices starting as low as HK$2.76 million, the lowest among the three phases of One Innovale.

In the secondary market, an agency recorded 12 transactions at 10 major housing estates on weekends, up 33.3 percent week-on-week.

Meanwhile, in the commercial market, shop transactions slumped 38.7 percent monthly to HK$977 million in September while the number of transactions dropped for the third straight month by about 10.1 percent month-on-month to 80, according to the agency and the Land Registry.

The company says that the short-term market outlook is still affected by the border reopening arrangements and anti-pandemic measures in the mainland.

There was only one transaction worth more than HK$100 million, for the entire 26th floor of the Emperor Watch And Jewellery Centre in Causeway Bay at HK$130 million.

In other news, the mortgage-related one-month Hong Kong interbank offered rate rose to 2.95643 percent last Friday.

(The Standard)

 

Building society issue drags on redevelopment

The Urban Renewal Authority has revealed there is a plan to purchase a block of flats on Kau Pui Lung Road in To Kwa Wan in early 2024.

In doing so, URA managing director Wai Chi-sing said there are several undissolved civil servants' cooperative building societies in the Kau Pui Lung Road project, which was a major challenge in the implementation of a redevelopment.

Still, he pointed out that government officials have clarified that members of the building societies do not have ownership of units.

But society members, in accordance with established government procedures, could retrieve ownership of the units and make up the land value before selling the units legally.

On that, Wai added that the URA would try to issue acquisitions to the owners of the project early in 2024, and he appealed to the members of the remaining cooperative building societies to negotiate as soon as possible and reach a resolution on the dismantling of the CBSs so they could receive compensation as owners and improve their living conditions as soon as possible when the renewal authority URA makes a takeover offer.

Of 28 CBS at Kau Pui Lung Road, nine of them remain undissolved.

After the acquisition of the project was almost done, one of the undissolved CBSs, with the assistance of the URA, completed the dispersal process.

Two CBSs have also applied for dissolution, pending the completion of legal procedures. That should be completed by the middle of next year at the earliest.

As for the remaining six CBSs, most have reached a preliminary agreement to disperse, and the URA will provide them with assistance.

(The Standard)

 

遠東金融中心每呎48元租出

甲廈空置率高企,市場上租賃皆以低價承租,金鐘遠東金融中心一個單位,每呎48元租出,較高峰期回落50%。

市場消息指,上述為遠東金融中心中層02A室,建築面積約2360方呎,舊租客於今年6月遷出,業主每呎叫價58元,單位交吉三個月,以每呎約48元租出,該單位屬優質單位,向正電梯,望海景,屬優質單位。

較高峰期回落50%

有代理表示,遠東金融中心於2018年商廈高峰期時,呎租高達100元,疫市下租金顯著回落。

根據一份市場報告指出,受經濟增長放緩、內地及國際企業需求降溫等因素影響,寫字樓租金走勢持續向下,甲廈租金按月跌0.5%,今年以來累積挫5.5%。整體甲廈售價錄輕微跌幅,按月回落0.9%,今年以來累積跌4.2%。根據該行資料,金鐘甲廈空置率為9.1%,平均呎租42.9元。

金鐘甲廈空置率9.1%

另一代理表示,在疫市持續下,整體甲廈租金由高位大幅回落,幅度至少20%至30%,目前商業活動大為減慢,令寫字樓空置率高企,相信只有待開關之後,市況才能逐漸恢復。

(星島日報)

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上月港島甲廈空置率10.53% 代理行:連續4個月創新高

有代理行資料顯示,9月份港島整體商廈空置率錄約10.53%,按月再升0.15個百分點,連續第四個月刷新歷史新高。

該行認為,「0+3」入境隔離措施需時觀察,但《施政報告》提及「招商引才」計畫,可吸引不同創科企業進駐,對本港商廈租賃有幫助,預料港島區甲廈受惠最大,最快年底前空置率慢慢轉趨穩定。

按年升0.53個百分點

該行代理表示,據統計,9月份港島區整體甲廈空置率錄約10.53%,按年比較亦升0.53個百分點。按五大核心區分析,一綫商業區指標商廈空置率均有升幅,金鐘區空置率9.32%,按月升0.09個百分點,按年增加0.3個百分點。中環區錄約9.79%,比8月急升0.7個百分點,表現欠佳,按年顯著升2.15個百分點。灣仔區為五區中空置率最高,9月份錄約13.19%,按月升0.46個百分點,按年增加0.07個百分點。

中環區空置率錄9.79%

該代理續稱,港島二綫商業區甲廈最新空置情況輕微改善,區內租金相對相宜,不少大廈質素仍見不俗,以上環區走勢最為突出,9月份該區甲廈空置率由8月約11.01%回落至最新約9.53%,跌幅1.48個百分點,按年亦減低0.08個百分點。上環指標商廈中遠大廈新近一個低層07室,面積約1956方呎,獲租客以呎租約43元承租,比舊呎租約60元減28%。

(星島日報)

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