{"id":4909,"date":"2017-09-05T14:01:02","date_gmt":"2017-09-05T06:01:02","guid":{"rendered":"https:\/\/www.spacious.hk\/en\/blog\/?p=4909"},"modified":"2019-10-30T11:05:49","modified_gmt":"2019-10-30T03:05:49","slug":"59-news-roundup-first-hand-home-sale-boosting-flat-transactions-august","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/59-news-roundup-first-hand-home-sale-boosting-flat-transactions-august","title":{"rendered":"5\/9 News Roundup: First-hand home sale boosting flat\u00a0transactions in August"},"content":{"rendered":"<h3 class=\"p1\"><strong><span class=\"s1\">Spacious&#8217; View:<br \/>\nThe increase of first-hand home sale in August is boosting last month&#8217;s flat&nbsp;transactions in the city<\/span><\/strong><strong><span class=\"s1\">.<br \/>\n<\/span><\/strong><\/h3>\n<p><strong>August flat transactions rise 12.3%<\/strong><\/p>\n<p>The number of sales and purchase agreements for all building units received for registration in August was 6,130, representing a month-on-month increase of 12.3% but a year-on-year decline of 17.5%, statistics released yesterday by the Land Registry showed. Among the transactions, 4,014 involved residential units &#8211; a drop of 31% from the previous year, but 14.2% increase over July. With reference to statistics from local agencies and Land Registry, there are 1,278 first-hand residential unit registrations in August, 13% higher than that of July.<\/p>\n<p><strong>Ocean Wings featured house sold at record-breaking price<\/strong><\/p>\n<p>Featured flats in Kowloon\u2019s primary market are breaking record high prices. A 1,570-square-foot house in <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/tseung-kwan-o\">Tseung Kwan O<\/a>\u2019s <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/tseung-kwan-o\/ocean-wings\">Ocean Wings<\/a> was sold by tender at HK$54.8 million or HK$34,904 per square foot. This new most expensive unit in Tseung Kwan O is featured with a 1,384-square-foot garden and a 666-square-foot rooftop. Meanwhile, a 1,225-square-foot featured unit with 1,312-square-foot rooftop in <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/kai-tak\/K-City\">K City<\/a> was sold at HK$37.6 million or HK$30,694 per square foot, making it the most expensive unit in <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/kai-tak\">Kai Tak<\/a> district.<\/p>\n<p>For more information on property news and prices, please visit our website at <a href=\"https:\/\/www.spacious.hk\/\">https:\/\/www.spacious.hk\/<\/a> or follow our <a href=\"https:\/\/www.linkedin.com\/company-beta\/3314349?pathWildcard=3314349\" rel=\"noopener\">LinkedIn Page<\/a>.<script src=\"\/\/platform.linkedin.com\/in.js\" type=\"text\/javascript\"> lang: en_US<\/script><br \/>\n<script data-counter=\"right\" data-id=\"3314349\" type=\"IN\/FollowCompany\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spacious&#8217; View: The increase of first-hand home sale in August is boosting last month&#8217;s flat&nbsp;transactions in the city. August flat transactions rise 12.3% The number of sales and purchase agreements for all building units received for registration in August was 6,130, representing a month-on-month increase of 12.3% but a year-on-year decline of 17.5%, statistics released yesterday by the Land Registry [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[68,67],"class_list":["post-4909","post","type-post","status-publish","format-standard","hentry","category-hong-kong-property","tag-hot-news","tag-spacious-news"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/4909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/comments?post=4909"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/4909\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/4911"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=4909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=4909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=4909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}