疫市下核心區甲廈急下滑，消息指，由國浩集團持有的中環中心低層單位，於交吉一個月，新以每呎約42元租出，獲金融機構取代會計師行進駐，較舊租金每呎70元下跌約40%；業內人士指，疫情走勢反覆，加上甲廈市場正處供應高峰期，令甲廈租金持續受壓。
據市場消息透露，中環中心 15樓3號室，建築面積約2083方呎，新獲金融機構以每呎約42元租出，月租約87486元，據悉，上址自2019年中起由一家會計師行以每呎約70元租用，租約於本月初屆滿遷出，交吉僅約一個月租出，惟最新租金較舊租金急挫4成。
屬市價水平
據地產代理指出，上址由國浩集團持有的，於多年以來一直作長綫收租用途，因上址位處低層，景觀以樓景為主，故租金較該甲廈其他樓層稍低，最新租金屬貼市價水平，加上業主於今年4月起，將上址放租，當時意向呎租約46元，經多番議價磋商後，議幅輕微擴闊，於交吉僅約一個月即獲承租，反映核心區指標甲廈於疫市下仍備受追捧。
低層單位望樓景
事實上，中環中心近期租金明顯回軟，頻錄租金下滑個案，其中，曾由資深投資者蔡志忠拆售的中環中心22樓，建築面積約3184方呎，於交吉三年後，於本月初以每呎約37元租出，月租約117808元，創該甲廈12年以來新低水平。業主於2019年5月向蔡志忠購入，因當時正值市場高峰期，購入價高達約1.13億購入，每呎造價3.58萬，若以最新租金計，租金回報僅約1.24厘。
此外，該甲廈22樓3室，建築面積1651方呎，亦於上月以每呎約43元租出，月租約70993元，較舊租金每呎65元急挫約33%。
甲廈交吉樓面湧現
據業內人士分析指，受疫情及美國聯儲局連番加息影響，令甲廈租務需求急速放緩，加上現時市場正處供應高峰期，交吉樓面持續湧現，對商戶而言，寫字樓實在不愁租，令部分業主議幅持續擴闊，料整體甲廈租金持續調整。
據一間外資代理行早前指出，今年第二季甲廈空置樓面達980萬方呎，創歷來新高水平，最新空置率報11.9%，因市場正處供應高峰期，預測明年底甲廈空置率有機會上升至14%，料屆時空置率將「見頂」。
(星島日報)
更多中環中心寫字樓出租樓盤資訊請參閱：中環中心寫字樓出租
更多中環區甲級寫字樓出租樓盤資訊請參閱：中環區甲級寫字樓出租
尖區新港中心意向呎租35元
市區商廈有價有市，部分業主亦趁勢放租，有代理表示，尖沙嘴廣東道30號新港中心一座 10樓5號室，建築面積約2452方呎，意向呎租約35元，涉及月租約8.5萬。
每月租金8.5萬
該代理表示，是次招租單位位處中層，實用率逾70%，已配有全寫字樓裝修，現時由教學團體租用，將於11月遷出；據該行統計資料顯示，新港中心 7月份空置率約4.64%，較上月再減約0.01%；7月份尖沙嘴西部整體空置率12.08%，對比之下反映該廈租賃表現不俗，目前該廈有8個單位招租，意向呎租介乎每方呎32元至41元。
恆雲低層叫價3000萬
此外，另一代理表示，黃竹坑香葉道44號恆雲國際中心低層9至11室，建築面積約2219方呎，意向價約3000萬，呎價約13520元。
該代理指，該單位間隔方正實用，坐擁開揚山景，大廈全玻璃幕牆設計，單位設有特色平台及來去水位，物業最大特點是採用智能系統，如智能卡出入，手機程式內設有設備遙控及智能信箱等先進管理設備，物業設停車場及電動車充電設施，大廈備有二十四小時保安及獨立冷氣系統，方便用戶彈性上下班時間。
(星島日報)
更多新港中心寫字樓出租樓盤資訊請參閱：新港中心寫字樓出租
更多尖沙咀區甲級寫字樓出租樓盤資訊請參閱：尖沙咀區甲級寫字樓出租
醫院道中標價高次標2.6%
嘉華上月底以5.51億奪得西營盤醫院道「蚊型」住宅用地，地政總署以不具名方式，公布其餘10份落選標價，出價介乎3.0088億至5.3723125億，呎價約7001至12500元，而中標價較次標高出約2.6%，可見首兩標出價相當接近。
該幅「蚊型」住宅地上月底接獲11份標書，由嘉華以5.51億力壓10財團奪地，每方呎樓面地價約12820元，低過市場估值下限價。地政總署昨以不具名方式，公布其餘10份落選標價，首兩標出價相當接近，次標出價約5.3723125億，與中標價僅相差約1376.875萬，樓面呎價則約12500元，首標較次標僅高約2.6%，可說是險勝。
財團超低價入標
值得留意的是，有財團以「執雞」心態以超低價入標，最低標出價僅約3.0088億，與中標價相差約2.5012億，差幅達約83.1%，樓面呎價僅約7001元。除中標的嘉華國際外，其餘入標財團包括信和、恒基、會德豐地產、英皇國際等。上述西營盤醫院道住宅地，毗鄰私樓匯賢居，地盤面積逾5372方呎，是今個財政年度賣地表中面積最細地皮，涉及可建總樓面約42979方呎。
(星島日報)
恒基新村街舊樓強拍 底價5.887億
恒基併購的大坑新村街17至25號舊樓，上月獲土地審裁處批出強拍令，底價為5.887億，原定於今日舉行拍賣會，最新仲量聯行指，若於拍賣當天上午10時前8號或以上熱帶氣旋警告信號仍然懸掛或黑色暴雨警告信號仍然生效，拍賣將順延一日至本周五下午5時舉行。據恒基年報顯示，持有新村街9至13號，及新村街17至25號逾80%業權，其中新村街17至25號範圍內總地盤面積約4497方呎，預計未來重建後總樓面約40473方呎；而新村街9至13號地盤面積約2019方呎，未來重建後總樓面約18171方呎。
(星島日報)
中海外4.5億 沽土瓜灣海悅廣場
共46商舖連42車位 樓面呎價約1.1萬
疫情下民生區商場受捧，消息稱，中國海外 (00688) 以約4.5億元，沽出土瓜灣海悅廣場，涉及近4萬平方呎樓面，買家料為本地投資者俊業集團。
市場消息指，土瓜灣錄得商舖買賣，涉及土瓜灣馬頭圍道209號海悅豪庭基座商場「海悅廣場」，物業位於馬頭圍道及譚公道交界，屬土瓜灣區核心地段之一。
成交涉及兩層地庫、地下、1至2樓，由於位處民生區，商場租戶多屬民生相關，地下街舖分別由快餐店、眼鏡店等租用，而樓上商戶包括教育中心、遊戲中心及美容店等，出租率理想。物業合共46個商舖，總樓面約39,147平方呎，連同42個車位，消息稱項目以約4.5億元易手，呎價約1.1萬元。據了解，項目由大廈發展商中國海外持有，一直持有收租。
錦綉花園發展商購入
而市場人士透露，新買家料為俊業集團黃氏家族，該家族早年先後發展元朗錦綉花園、大埔康樂園兩大洋房屋苑，集團早前指，業務正轉型發展民生商廈、商場，包括先後購入長沙灣金星商業大廈、旺角周勝記商業大廈進行翻新，而集團本年以3億元沽出康樂園面積逾萬呎的「主席屋」，套現後即投資民生商場。
疫情下核心區舖位投資氣氛欠佳，相反民生區商場屢獲承接，如投資者林子峰早前以13.6億元，沽出大埔運頭塘商場，總樓面約8萬平方呎，持貨6年，大幅獲利5.5億元，新買家為華創，購入作收租。
另有代理表示，尖沙咀廣東道30號新港中心一座 10樓05室現招租，建築面積約2,452平方呎，意向呎租約35元，涉及月租約8.5萬元。
(經濟日報)
更多新港中心寫字樓出租樓盤資訊請參閱：新港中心寫字樓出租
更多尖沙咀區甲級寫字樓出租樓盤資訊請參閱：尖沙咀區甲級寫字樓出租
Russell Street rent yo-yo stays on downswing
The rent of a 1,100-square-foot shop in Russell Street in Causeway Bay - once one of the most expensive commercial streets in the world - has slumped 90 percent from its peak to HK$300,000.
The shop on the ground floor will be turned into an accessories store under a new long lease, with a rent about 77 percent lower than the previous long lease contract.
During the peak season for travelers from the mainland years ago, it was rented by a optical store in a chain for HK$2.50 million. That lease ended in 2020.
Meanwhile, an application by Sun Hung Kai Properties (0016) to build 65 percent more homes, or 2,589 units, on a site in Kwu Tung is set to get the green light from the Town Planning Board tomorrow.
In the primary market, Wang On Properties (1243) has unveiled a first price list for its Larchwood project in Mong Kok, which offers 50 flats. The cheapest is HK$3.83 million.
Wang On won the redevelopment tender for over HK$326 million in 2020.
In earning news, K Wah International's (0173) core profit increased by 1.2 times year-on-year to HK$1.06 billion for the first half of 2022 thanks to new projects in the mainland being well received and stable rental income. Net profit for the first half climb 39 percent yearly to HK$1.08 million, while its total revenue soared 79 percent to HK$5.79 billion.
There was an unchanged interim dividend of 7 HK cents.
In other news, the one-month Hong Kong interbank offered rate, on which mortgage borrowing costs are based, rose to 1.80327 percent yesterday in ending a decline after four days.
(The Standard)
Chinese state-backed developers COLI, Poly Property book smaller profits as ‘three red lines’ stokes worst rout in home sales since 1998
China Overseas Land & Investment reported a 19 per cent drop in interim earnings while Poly Property suffered a 9 per cent decline
K Wah, controlled by casino tycoon Lui Chee-woo, bucked the trend with a 39 per cent gain in income
Two of China’s biggest state-backed developers reported a drop in interim earnings as sporadic Covid-19 lockdowns and debt defaults kept homebuyers at bay, stoking the worst slump in home sales in 24 years.
Earnings at China Overseas Land & Investment (COLI) shrank by 19 per cent to 16.7 billion yuan (US$2.43 billion) in the six months to June 30, the company said in an exchange filing in Hong Kong. At Poly Property Group, income fell 9.2 per cent to HK$1.51 billion (US$192 million).
Property developers have struggled with waning consumer confidence as city lockdowns close factories and unsettle businesses. China’s economy grew 0.4 per cent in the second quarter versus 4.8 per cent in the preceding three months, while the fallout from Beijing’s “three red lines” policy has triggered more than US$20 billion of debt defaults among the nation’s weakest home builders.
“Mainland China’s economy is facing the triple pressure of reduced demand, tightening supply and weakening expectations,” COLI chairman and executive director Yan Jianguo said in the earnings statement. Higher US rates, Russia’s invasion of Ukraine and soaring energy costs also added to risks, he added.
Weaker personal income and a liquidity crisis sent domestic home sales tumbling every month from July 2021 to June 2022, Yan said, the longest market rout since China reformed its domestic housing system in 1998.
China introduced the three red lines policy in August 2020 to stem systemic risk from overleveraged developers, triggering a liquidity crisis by shutting weak developers out of the loan and bond markets and precipitating some US$29 billion of debt defaults since the start of 2021. The property sector accounts for about one-fifth to a quarter of China’s gross domestic product by economists’ estimates.
Separately, debt-laden Guangzhou R&F Properties said its interest-bearing debt fell by 20 per cent to 129 billion yuan at the end of December from a year earlier. No update was given about its debt load as of June 30. The firm has 62 billion yuan of debt maturing this year, while holding talks with creditors to restructure 7 billion yuan of overdue borrowings.
Both COLI and Poly Property said their cash position remained healthy at the end of June. COLI had a cash equivalent of 125.32 billion yuan against total debt of 269.82 billion yuan, or a net gearing ratio of 41 per cent. Poly Property’s bank balances grew 11 per cent from a year earlier to HK$40.6 billion.
“There is an increasing pressure on the real estate market” in the face of a severe and persistent pandemic, Poly Property’s chairman Wan Yuqing said in a statement. Sales of commodity properties fell by 29 per cent and property development investment shrank by 5.4 per cent, he added.
COLI will pay a dividend of HK$0.40 per share in October, while Poly Property did not declare any. COLI’s shares jumped 1.5 per cent to HK$19.80 while Poly Property was unchanged at HK$1.57.
K Wah International, a Hong Kong-based developer controlled by casino billionaire Lui Che-woo, bucked the gloomy trend of poorer reports from local peers. The firm’s net income jumped 39 per cent to HK$1.08 billion from a year earlier. It proposed to pay HK$0.07 dividend per share. K Wah shares gained 0.3 per cent to HK$2.99.
(South China Morning Post)
