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美联楼价指数周环比微跌0.13% 续创逾8年半新低

The 美联 house price Index fell by 0.13% week-on-week, continuing to create a new low of over 8 and a half years.

Zhitong Finance ·  Mar 10 12:52

The latest "Morgan Stanley Confidence Index" reports 60.2 points, down 5.2% week-on-week, marking four consecutive weeks of decline. The financial budget announced a significant reduction of the property stamp duty for properties valued at 4 million HKD or below to 100 HKD, which is bullish for the atmosphere of the Hong Kong real estate market; however, several new developments have taken advantage of the situation to launch sales, and some eager sellers have lowered their prices, resulting in an increase in discounted listings and a decline in the confidence index.

According to the Zhiyun Finance App, the "Merrill Confidence Index" recently reported 60.2 points, down 5.2% week-on-week, continuing a four-week decline. The financial budget announced a significant reduction of stamp duty for properties valued at 4 million Hong Kong dollars or less to 100 Hong Kong dollars, which is bullish for the Hong Kong property market atmosphere; however, many new projects are seizing the opportunity to sell, and some eager sellers are reducing prices, leading to an increase in discounted listings and a decline in the confidence index.

Louis Ka-fai, Chief Analyst at Midland Realty, pointed out that according to the discount listing ratio reflected on the Midland Realty website, among the three districts in Hong Kong, the New Territories has the highest discount ratio; when broken down further, the three areas with the most discounted listings are Tin Shui Wai, Tsuen Wan, and Olympic Station.

When divided by unit area, the category with the highest discount listing ratio is Class A units with a usable area of approximately 430 square feet or less; followed by Class B units with a usable area between approximately 431 and 752 square feet; closely followed by Class C units with a usable area of approximately 753 to 1075 square feet.

In terms of housing prices, the latest "Midland Property Price Index" reports 126.76 points, with a slight week-on-week decline of 0.13%, continuing to set a new low over the past eight and a half years; compared to four weeks ago, the price index has dropped by 0.99%, and it has decreased by about 1.07% so far this year; the impact of the budget on housing prices is yet to be reflected.

When divided into the three districts, housing prices have shown mixed developments week-on-week. The latest "Midland Island Price Index" reports 135.04 points, up 0.73% week-on-week; the "Midland Kowloon Price Index" reports 130.54 points, up 0.48% week-on-week; in contrast, the "Midland New Territories Price Index" reports 116.07 points, down 0.93% week-on-week.

Compared to four weeks ago, housing prices in the three districts have all declined, with the Island District, Kowloon District, and New Territories dropping by 1.19%, 1.01%, and 0.9% respectively; regarding the changes in housing prices this year up to now, all three districts have also declined, with the Island District, Kowloon District, and New Territories dropping by 0.65%, 0.37%, and 1.79% respectively.

The translation is provided by third-party software.


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