What isnthe price difference between HK and SG property prices?

[CCR]

Hey... West Kowloon condos sellingnfor hkd30000, tha means about SGD 5000+ psf, that means sin prices already on par with hk prices?

Does anyone have transacted data on the prices of their OCR prices vs their CCR prices vs ours?

[ikan bilis]

kowloon:

http://blog.soufun.com/21019710/12777247/articledetail.htm

[richwang]

My friend in HK has recommended this site. It is kind of equivalent to propertyguru in Singapore.

http://www.gohome.com.hk/

Just try to compare per unit, HK people tend to stay in a smaller unit (because the psf price is high).

Thanks,
Richard

[kane]

remember to factor in the efficiency ratio.

[CCR]

I heard the efficiency ratio is only 70%?

[Rosy]

I heard the efficiency ratio is only 70%?

after the removal of baywindows and planter boxes, i believe recent new launches in SG is getting about 90% E ratio

[CCR]

HK properties include corridor, lift lobby etc... :o

[blackjack21trader]

the difference is in HK D9, the prices are all homogeneous at above 5000psf. while our D9 only a few projects is there about, the rest all cheaper than Hong Kong la.

[Rezo]

Cannot compare Singapore with Hong Kong, just like Singapore compare to Malaysia!!!

[teddybear]

With the private lift lobby area and the super big (much bigger than older launches) air-con ledge in addition to balcony (guaranteed to be 10% as free to earn allowed by URA), more like 75% efficiency ratio for new launches! :scared-2:

Those launch before 2004 have about 95% efficiency ratio.


after the removal of baywindows and planter boxes, i believe recent new launches in SG is getting about 90% E ratio

[CCR]

the difference is in HK D9, the prices are all homogeneous at above 5000psf. while our D9 only a few projects is there about, the rest all cheaper than Hong Kong la.

How much are new and old projects asking for at D9 in hk respectively?

[richwang]

http://www.gohome.com.hk/residential/property/Peak/?minsize=1000&maxsize=1400&district=11&minprice=2M&maxprice=50M&property=0&date=0&lang=tc&type=1

HKD 45,000,000 / 1200 sqft = HKD 37,500 psf
= S$6,000 psf

So Singapore is cheap, cheap. CM5 10% ABSD is nothing.

Thanks,
Richard

[kane]

that property looks kinds oldish.

but it's on the peak if i read it correctly?

the price must factor in efficiency ratio.

[ikan bilis]

Kowloon is similar our RCR, HK-Island is similar our CCR...

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http://www.hkdailynews.com.hk/property.php?id=205642

九龍樓價跑贏大市


【本報記者李浩帆報道】過去一年樓市波動，樓價從高位回落接近6%。不過業界指，50個指標屋苑的最新平均呎價6,576元，按年仍錄得6.8%升幅，當中九龍20個指標屋苑樓價錄得8.8%升幅，表現跑贏大市。


全港呎價6185元升6.8%


受外圍經濟表現欠佳拖累，本港樓價過去一年呈先升後回。代理稱，截至2011年12月底，全港50個指標屋苑加權平均成交呎價為6,185元，較去年6月份高位6,576元下跌5.9%。不過業界稱，樓價較去年底平均每方呎5,790元仍然高出6.8%，按技術走勢分析，尚未出現「穿頭破腳」的壞走勢。


按地區劃分，九龍區屋苑去年樓價表現較佳，20大屋苑平均成交呎價最新報6,395元，按年錄得8.8%升幅。港島區方面，9個指標屋苑平均成交呎價為8,395元，按年上升6.7%。相比之下，新界區表現較差，樓慏在短短半年間累跌6.4%，全年樓價只能上升5.3%，平均每方呎4,764元，升幅在3區中最小。


另外，50個指標屋苑中，剔除21個樓價不可作直接比較的屋苑後，29個屋苑樓價全數上升，升幅則介乎1.2至14%不等。實質樓價升幅最高的10個屋苑中，九龍區佔5席，港島區佔3席，而新界區則佔餘下2席。