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Home Prices Set to Rise in Hong Kong, Singapore, Australia in 2025
The transaction of second-hand houses in Hong Kong is slowing down, and the CSI has once again fallen below the 50-point threshold.
Yang Mingyi, Senior Joint Director of the research department of CRIC, pointed out that the CRIC Broker Index CSI (residential sale price) latest report is 49.36 points, a decrease of 1.79 points from last week's 51.15 points.
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'New House' Sun Hung Kai Properties (00016.HK) in Guangzhou sold out the first two batches of 20 units, cashing in nearly 0.103 billion RMB, and is launching an additional 10 units for sale in Hong Kong.
The first two batches of 20 units at "Guangzhou South Station ICC-Junluan Forest Park" (00016.HK) located in Guangzhou sold out within three weeks, cashing in nearly 0.103 billion yuan. The average transaction exceeded 5 million yuan per unit. The group recently recorded a "one buyer, two purchases" case involving over 12 million yuan. This Hong Kong buyer purchased two four-bedroom penthouse units for personal use and also acquired one three-bedroom unit for long-term investment. "Junluan" announced the launch of the 3rd price list for Block D1 in response to market demand, offering 10 selected units for sale in Hong Kong, covering layouts from one three-bedroom to one four-bedroom unit, building.
The first two rounds of nearly 20 units of 'Nefar' new phase 'Guangzhou South Station ICC-Junluan' are close to being sold out, and are planning to launch another round in the near future.
New World Development (00016.HK) launched its mainland property 'Guangzhou South Station ICC - Junlun Forest Park' in mid-October with the phased release of a total of 109 units in the new D1 building, with priority sales in Hong Kong. The first price list for 'Junlun' was completely sold out within a week, and the subsequent second price list is also close to being sold out, with frequent instances of 'extra food,' prompting the developer to plan for the release of the third price list. The first two rounds of 20 units each for 'Junlun' in Hong Kong are nearing sellout; the limited four-bedroom dual-suite units recently recorded instances of 'extra food.' It is reported that Hong Kong buyers had previously purchased approximately 1 building area.
"Harbourfront Residence" in Tuen Mun will start selling 10 units from the 2nd phase on Sunday, starting from a discounted price of 3.069 million yuan.
CK Asset (01113.HK) and New World Development (00016.HK) jointly develop the Tai Hang Fai project in Tuen Mun. The second phase of the project is launching the new sales arrangement of Unit 4, including 8 one-bedroom units and 3 two-bedroom units. Among them, 10 units will be available for sale starting at 2 pm this Sunday (17th) in the form of price list, while the remaining unit, a two-bedroom unit with rooftop, will be available for sale through tender starting next Monday (18th). The entry unit involved in this sale is a one-bedroom unit in Unit H on the 1st floor of Block 5 in the second phase, with a practical area of 266 square feet. After deducting the highest discount, the discounted actual price is 3.069 million yuan, with an actual price per square foot of 11,5.
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