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Hong Kong Real Estate: Second-hand housing registrations in Hong Kong increased 33% year-on-year in the first 8 months of this year
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The Zhitong Finance App learned that Wang Pindi, director of the Hong Kong Real Estate Research Department, said that according to data from the Comprehensive Land Registry of the Hong Kong Real Estate Research Department, 39,234 second-hand housing (including second-hand private homes and second-hand public housing) registrations were recorded in the first 8 months of this year, an increase of about 33.4% over 29,417 in the same period last year. Second-hand housing trading performance was positive this year. If we calculate private housing alone, the top 10 private housing estates with the highest number of second-hand registrations showed mixed performance. Among them, it is not difficult to find that new housing estates showed outstanding performance.

If we calculate the 10 private housing estates with the highest number of second-hand registrations in the first 8 months of this year, the new housing estate Sunrise Kangcheng topped the list with 742 registrations, up about 80.5% from 411 in the same period last year; Huixi, which is also a new housing estate, ranked ninth with 183 registrations. The number of cases overwhelmed Ligang City, which is one of the top ten traditional housing estates, which surged about 81.2% from 101 in the same period last year.

SIERRA SEA, which only recently joined, also ranked 6th with 231 registrations, surpassing traditional housing estates Shatin First Town, Whampoa Garden and Laguna City. It can be seen from this that of the 10 private housing estates with the highest number of second-hand registrations in the first 8 months of this year, new housing estates have already occupied 3 seats, reflecting the popularity of new housing estates in the market.

The remaining 7 seats were all traditional housing estates. The number of second-hand housing registrations in Laguna City alone outperformed the market with 158 registrations, which was about 38.6% higher than 114 in the same period last year; the remaining 6 traditional housing estates fell short of the market in the same period last year. Among them, Discovery Bay rose about 31.3% year over year, slightly lower than the market, while Shatin First Town rose by about 11.4%, which also fell short of the market; among them, the registration volume of 4 housing estates fell year on year, including Jiahushan Zhuang, which ranked second with 287 registrations, and Zong 261 Mei Foo Sun Chuen ranked fourth with registration and fifth with 249 registrations Taikoo Shing and Whampoa Garden, ranked eighth with 202 registrations, both recorded year-on-year declines of about 1.2% to 7.1%.

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