99年地契私宅銷售 在新私宅所占比例上升

(2011-11-10) 　　胡淵文　報道 　　過去五年來，本地買家更願意購買99年地契的私宅，它在新的私宅單位銷售中所占的比率，從2007年的31.3％，上升至今年前三季的59.5％。 　　房地產顧問公司齊樂行（Credo）的研究顯示以上結果。 　　齊樂行研究與谘詢部門主管王德輝說，一般上永久地契或999年地契是房地產買家所偏愛的投資選擇，因為許多人擔心99年地契的私宅可能沒有太大的升值空間。 　　不過數據顯示，99年地契私宅頗受歡迎，過去五年來，永久地契及999年地契私宅所占新銷售單位的比率逐年下降，99年地契私宅所占比率則相應上升。 　　王德輝指出，買家比過去更能接受99年地契的私宅，是受到幾個因素所影響，其中一個原因是兩者的供應量出現變化，另外一個因素是99年地契私宅在價格和地段上具備一定優勢。 　　他解釋說，2007年至2009年期間，永久地契和999年地契私宅單位占新銷售的絕大多數，是因為2006年和2007年的集體出售 市場非常活躍，使得永久地契和999年地契私宅單位的供應強勁。而反觀在那段時間，99年地契地段的主要來源——政府售地卻相對比較不活躍。 　　當房地產市場於2008年至2009年全球金融危機期間陷入不景時，隻有少數幾個集體出售項目成交，使得永久地契和999年地契新單位的供應相當有限。 　　雖然2010年的市場環境更明朗，但集體出售市場隻出現溫和的複蘇。去年至今，成交的集體出售地段可提供約3000個新單位；相比之 下，政府售地計劃下所售出的地段可提供1萬6000至1萬7000個單位，這不包括執行共管公寓（Executive Condominiums，簡稱EC）。 　　王德輝說，目前99年地契單位銷售的比率增加，是因為大眾化市場項目呈現了更多的購買機會，同時需求也非常強勁。 　　他指出，這兩年市場上有更多的組屋升級買家和真誠買家，對他們來說，99年地契的私宅單位的價格較能讓人承受。一般上，99年地契私宅單位的尺價，比永久地契或999年地契單位低10％至15％，具體要看其房齡、地點、有地還是非有地等因素。 　　此外，許多99年地契項目的地點靠近各種設施和交通地點，對於住房升級者來說，這些是相當重要的因素，他們把可負擔性和交通便利作為優先考慮。 　　展望未來，王德輝認為，由於政府售地計劃會繼續保持強勁，大眾市場的需求也非常蓬勃，接下來的新私宅單位銷售中，預計多數還會是99年地契的。 升值和抗跌性 永久地契私宅較強 　　不過數據也顯示，永久地契私宅單位在升值和抗跌性方麵更勝一籌。 　　自去年8月起，政府推出了兩輪降溫措施，價格漲幅自去年第三季起有所放緩。去年第三季至今年第三季期間，非永久地契公寓的價格每季度增長不超過1％，而永久地契公寓的價格則顯得更抗跌，平均上漲2.2％。 　　在過去十年，永久地契公寓升值達62％，非永久地契公寓升值為48％。 　　在有地私宅方麵，今年第三季永久地契排屋（terrace house）價格攀升4.9％，而非永久地契排屋的價格出現0.1％的下滑。 　　過去十年內，永久地契排屋升值高達97％，非永久地契排屋升值為52％。 　　*[e-mail] 《聯合早報》 （編輯：黃愛蓮） Freehold still 'the preferred choice'  Straits Times: Thu, Nov 10
REEHOLD home prices have proved more resilient in recent months than those of 99-year leasehold properties, according to a new report. Credo Real Estate found that price gains for freehold condominiums and terraced homes have outpaced those for similar homes with 99-year leases since the third quarter of last year - a period marked by cooling measures and economic uncertainty. For example, while prices of leasehold condos inched up by less than 1 per cent each quarter in the 15 months to Sept 30, freehold condos averaged quarterly rises of 2.2 per cent. Freehold condo prices have rocketed 62 per cent in the past 10 years while leasehold condos appreciated 48 per cent in the same period, said Credo. It is a similar story with landed homes. While prices of leasehold terraced properties dipped 0.1 per cent in the three months to Sept 30 - the first contraction in at least 15 months - freehold terraced prices shot up 4.9 per cent. Prices have soared 97 per cent for freehold terraces in the past 10 years compared with 52 per cent for leaseholds, the firm noted. 'Freehold or 999-year leasehold are the preferred tenure for many property buyers as many are concerned that the value of 99-year leasehold properties may not appreciate well when the duration of the leasehold reduces,' the report added. But transaction volumes and price increases for all home segments have taken a hit since July last year as the market coped with two additional rounds of cooling measures following similar moves in September 2009 and February last year. More recently, the financial market turmoil and uncertainties surrounding the euro zone crisis have further dampened home buying sentiments. However, Credo's research and consultancy head, Mr Ong Teck Hui, noted that while buyers should go for freehold properties from a purely investment point of view, 99-year leasehold homes will still be in demand. 'They still have a price advantage over freehold equivalents and many 99-year leasehold projects are located near amenities and transportation nodes,' he added. 'These are crucial factors, especially for upgraders, for whom affordability and convenience rank high on their priorities. Such attributes can be found in sites in or near HDB estates which the Government puts out for tender on a regular basis under its land sales programme.' The report also noted that freehold and 999-year homes made up the lion's share of the new sales market from 2007 to 2009 - holding 61 per cent to 69 per cent of the market during that period. This was due to the robust collective sale market in 2006 and 2007 which generated a strong supply in subsequent years. But this trend has since turned with the Government pushing out a bumper supply of 99-year leasehold state land over the past year to meet demand. Prices rocketed 18 per cent last year and have risen 6 per cent in the first nine months of this year. Since last year, new 99-year leasehold homes - excluding executive condos - have made up the majority of new sales. They claimed a 60 per cent market share in the first nine months of the year, up from 50 per cent for all of last year. Credo noted that after the market slumped during the global financial crisis, the collective sale market posted only a 'modest recovery' last year and this year. As a result, the net new supply of freehold or 999-year homes from sites sold en bloc since last year stands only at about 3,000 units. This is dwarfed by the 16,000 to 17,000 99-year leasehold homes that are expected from government sale sites in the same period. If the government land sales programme remains aggressive, supply of private units will continue being skewed towards 99-year leaseholds, it added. [e-mail] Source: The Straits Times