{"id":10390,"date":"2020-10-05T02:36:19","date_gmt":"2020-10-05T02:36:19","guid":{"rendered":"http:\/\/vigers.com\/website\/?p=10390"},"modified":"2020-10-05T02:36:19","modified_gmt":"2020-10-05T02:36:19","slug":"news-headlines-5-10-2020","status":"publish","type":"post","link":"https:\/\/vigers.com\/website\/2020\/10\/05\/news-headlines-5-10-2020\/","title":{"rendered":"News Headlines 5.10.2020"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text][\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]Primary market recorded 72 transactions during the long weekend<\/strong>
\nAccording to market news, a total of 72 new homes were transacted during the four-day long weekend. Among which, eight units were sold at Two Artlane, Sai Ying Pun. Unit A, high-floor, Two Artlane, with a saleable area of 381 sq ft, has been sold at HKD 11.588 million or HKD 30,415 per sq ft. The transaction price hit the highest of the estate.<\/p>\n

Ten major estates recorded 36 transactions over the long weekend <\/strong>
\nAccording to market news, a total of 15 transactions were recorded in the ten major estates over the weekend, down one transaction w-o-w, yet it has been the ninth consecutive weekends with double digit transaction volume. During the four-day long weekend, a total of 36 transactions were recorded.<\/p>\n

Fifty major Grade A office buildings recorded eight transactions in September<\/strong>
\nAccording to market news, eight transactions were recorded in fifty major Grade A office buildings in September, up three transactions m-o-m, and it reached a 4-month high. Of which, Kowloon regions recorded five transactions.<\/p>\n

Harbour Glory sold with a loss<\/strong>
\nUnit A, low-floor, Tower 8, Harbour Glory, North Point, with a saleable area of 1,324 sq ft, has been sold at HKD 39 million or HKD 29,456 per sq ft. The original owner bought the unit at HKD 41.73 million in 2017, making a book loss of HKD 2.73 million and a 7% depreciation in three years.<\/p>\n

(Sources: Vigers Research and market news)<\/em><\/p>\n

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