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<HK Home>New Home Sales Up as 2nd-hand Sales Wane Last Wk; 'ONMANTIN' Sells 202 Units, while 'The YOHO Hub II' Receives 3,600 Cheques
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New property sales continued to perform well over the past weekend, taking a large amount of purchasing power in the market. Meanwhile, the transaction volume of the top 10 housing estates, which reflect the secondary market, dropped to single-digit levels. According to market sources, "The YOHO Hub II" in Yuen Long, co-developed by SHK PPT (00016.HK) and MTR CORPORATION (00066.HK), has recorded more than 3,600 registrations of purchase intention as of 6 pm yesterday (5 May). It is learnt that the cumulative number of visitors to the show flats has exceeded 20,000 since the flats' opening on 1 May. In addition, the second price list of this project was released last Saturday (4 May), with an additional 94 units. The discounted average square foot price was $15,038, with the discounted price starting from $6.8436 million. As for "ONMANTIN" in Ho Man Tin, jointly developed by GREAT EAGLE H (00041.HK) and MTR, has sold 202 units in the second round of sales of Phase IIB as of 6 pm yesterday, accounting for over 80% of the 248 units available for sale. Together with the tender sales of Phase IIA, 504 units of the project have been sold within 11 days, realising over $6.2 billion. In the secondary market, 8 transactions were recorded in the top 10 housing estates by Centaline Property over the weekend, a WoW drop of 27.3%, with half of the estates recording zero transactions. Meanwhile, according to statistics from Midland Realty, a total of 8 transactions in the top 10 housing estates were recorded in the first weekend of May, a WoW decrease of about 27.3%. 15 transactions were logged in the top 15 housing estates, down around 8.3% WoW. AAStocks Financial News |
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