Economic slowdown to dampen property prices
Property prices in Hong Kong will fall between five and 10 percent this
year, amid an economic slowdown, according to a real
estate agent.
Though calm has largely returned to the streets, which may improve
domestic consumption, employment and salary growth will be impacted by a
slowdown in the economy, the agent said.
The agent expects the property market to boom after the Chinese New Year,
adding that the hot sales of some new projects are due to smaller units
and attractive prices, but other units are not selling quickly.
In the primary market, CITIC Pacific has collected HK$95.44 million
after selling five flats at The Entrance in Ma On Shan by tender so far
this month. The developer has launched 84 flats at The Entrance for sale
by tender since Monday. The project has obtained an occupation permit.
Also, Great Eagle (0041) sold a three-bedroom flat at Ontolo in Tai Po for HK$24.1 million, or HK$19,551 per sq ft, by tender.
In the secondary market, another real estate agency firm reported eight
secondary transactions at Taikoo Shing so far this month.
Meanwhile, home owners continued to woo buyers with price cuts as more loss-making deals were recorded in luxury transactions.
A 716-sq-ft flat at Tai Koo Shing in Quarry Bay changed hands for
HK$13.38 million, or HK$18,687 per sq ft, after HK$1.62 million was
slashed from the original asking price. Also in Quarry Bay, a
three-bedroom flat at Kornhill fetched HK$9.38 million, or HK$15,791 per
sq ft, after HK$420,000 was cut from the asking price.
In the luxury market, Decade Or Chun-ping, chairman of Taste of Asia
which owns Cafe 100%, bought a 2,520-sq-ft house at Hong Lok Yuen in Tai
Po for HK$38.5 million, or HK$15,300 per sq ft. The buying price was
HK$4.84 million lower than the HK$43.34 million paid by the seller five
years ago. The vendor would incur a loss of at least HK$7.06 million
after paying stamp duties and commission fees.
(The Standard)
駱克道巨鋪減12%租出裕泰興家族持有呎租33.8元
社會運動重挫鋪位市場，惟部分護老院仍積極擴充。消息指，由裕泰興家族持有的灣仔駱克道巨鋪，近期獲護老院以60萬承租，較舊租金下跌約12%，最新平均呎租約33.8元。
市場消息指出，上址為駱克道233至243號星港大廈地下D號鋪及1至3樓全層，面積合共約17750方呎，以每月60萬獲護老院承租，平均呎租約33.8元。據悉，該巨鋪舊租戶為娛樂場所，舊租為68萬，故租金跌幅約12%。
護老院進駐
據土地註冊處資料顯示，上址業主於2018年以1.68億購入，並以公司名義溢陽有限公司（RIGHT BOOST LIMITED）持有，註冊董事為梁婉玲及郭卓彥，其中梁婉玲（Leung Yuen Ling Elina）為裕泰興家族成員羅守輝妻子，以最新租金計算，租金回報約4.3厘。
租金回報4.3厘
知情人士透露，受連串社會運動拖累，市場觀望氣氛瀰漫，對鋪位市場更屬首當其衝，惟同類大樓面放租盤已近乎絕迹，加上護老院需求殷切，於市場上合適供應業相當有限，故促成上述租賃。
另外，雖然市場觀望氣氛仍濃，惟商廈市場仍頻錄成交，市場消息指出，長沙灣億京廣場II期高層F室，面積343方呎，以591.4萬售出，呎價約17241元，高市價約一成，創該廈過去一年新高水平；此外，據土地註冊處資料顯示，由億京發展的新蒲崗萬迪廣場9樓C及D室，於上月11日分別以1588.4萬及2228.6萬成交，合共涉資約3817萬，買家為香港循理會（THE FREE METHODIST CHURCH OF HONG KONG）。
億京廣場呎售1.7萬
另一方面，上環信德中心招商局大廈高層10至11室，面積約5112方呎，以36.8萬租出，平均呎租約72元，屬市價水平。
(星島日報)
