Spacious
1,000+ Reviews
Install

3/8 News Roundup: Edition 178 pricing from HK$3.14m, July's home sales drop 30.9%

Hong Kong Property | August 3, 2017

Edition 178 pricing from HK$3.14m

In Kwai Chung, Team Worldwide’s latest residential project Edition 178 released the price list for the first batch of 55 flats, with an average per square foot price of about HK$15,900 while the cheapest unit has a discounted price of HK$3.14 million. This nano-flat project provides studio flats to two-bedroom homes, with sizes ranging from 222 saleable square feet to 398 square feet. Management fees are expected to be about HK$4.8 per square foot.

July’s home sales drop 30.9%

The number of sale transactions for all building units received for registration in July was 5,461, down 30.9% from June, according to the Land Registry. Among the total transactions, 3,515 were for residential units, down 42.4% from June and 17.2% year-on-year. The total consideration for sale and purchase agreements in respect of residential units was HK$33.2 billion in July, falling 43.8% compared with June, but increasing 11.7% year-on-year.

Hong Kong Residential Transactions Graph July 2017

 

For more information on property news and prices, please visit our website at https://www.spacious.hk/ or follow our LinkedIn Page.

Recommended Articles

South Horizons Penthouse Sold at HK$34.1m, Seven Victory Avenue To Roll Out 25 New Units

Hong Kong Property | November 23, 2016

5/12 News Roundup: Record Bids On Way for Site on Murray Road, Novum West Rolled Out First Featured Unit

Hong Kong Property | May 12, 2017

12/9 News Roundup: Central Office Rents Rank First in the World, Eden Manor Targets At Mainland Buyers

Hong Kong Property | December 9, 2016

Subscribe to Our Blog

Stay up to date with the latest property news and insights.