Hong Kong Property Transaction Analysis Report

August-2005 Vol. 92

Report Date: 2005/10/24

Page Top 10 Mortgage Bank July 2

Domestic and Non-domestic Transaction Analysis 3

1'st and 2'nd Hand Residential Transaction Analysis 4 - Private Sector 4 - Home Ownership Scheme 4

Top 10 Private Estate Transaction Analysis 5

Top 10 H.O.S. Estate Transaction Analysis 6

Top 10 Transaction 7 - Office Transaction 7 - Shop Transaction 7 - Residential Transaction 8 - Industrial Transaction 8-9

This report was conducted by Land Search Online Limited.

www.landsearch.com.hk Unit 1513-16, 15/F, Grand City Plaza No. 1 Sai Lau Kok Road, Tsuen Wan Hong Kong Tel: 24298333 Fax: 24233008 [email protected]

* All information provided by this report is for reference only and shall not be deemed to be any advice given to the subscribers. Land Search Online Limited shall not be responsible for any legal consequence arising therefrom. * Source of transaction is based on the registration data from the daily diskette by the Land Registry of HKSAR and Land Search Online database.

P.1/9 Hong Kong Property Transaction Analysis Report ▼ Top 10 Mortgage Bank

Market Sharing Bank July Market Sharing % - Counting include new mortgage loan and BANK OF CHINA (HK) LIMITED 19.7% refinancing mortgage loan. THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITE 10.0%

HANG SENG BANK LIMITED 9.6%

STANDARD CHARTERED BANK 8.4%

DBS BANK (HONG KONG) LIMITED 7.1%

THE BANK OF EAST ASIA LIMITED 6.6%

BANK OF COMMUNICATIONS 5.2%

WING LUNG BANK LIMITED 3.7%

DAH SING BANK LIMITED 2.5%

Others 27.2% Total 100.0%

Top 10 Mortgage Bank

WING LUNG BANK BANK OF LIMITED COMMUNICATIONS 3.7% 5.2% THE BANK OF DAH SING BANK EAST ASIA LIMITED LIMITED 2.5% 6.6%

Others DBS BANK (HONG 27.2% KONG) LIMITED 7.1%

STANDARD CHARTERED BANK 8.4%

HANG SENG BANK LIMITED 9.6% BANK OF CHINA THE HONGKONG (HK) LIMITED AND SHANGHAI 19.7% BANKING CORPORATION LIMITED 10.0%

BANK OF CHINA (HK) LIMITED THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED HANG SENG BANK LIMITED STANDARD CHARTERED BANK DBS BANK (HONG KONG) LIMITED THE BANK OF EAST ASIA LIMITED BANK OF COMMUNICATIONS WING LUNG BANK LIMITED DAH SING BANK LIMITED Others

P.2/9 Hong Kong Property Transaction Analysis Report ▼ Domestic and Non-domestic Transaction Analysis

No. of Transaction - Number of registration of Hong Kong No. of Transaction Total Price Average Price the Agreements for Sale & District fr. 16/Aug-31/Aug (%)($M) (%) ($M) Purchase from the "Memorial Day Book" by Non-domestic 30023.2%$1,578 28.1% $5.26 the Land Registry of Domestic 991 76.8% $4,031 71.9% $4.07 HKSAR. Total 1,291 100.0% $5,609 100.0%

Kowloon District Non-domestic 42727.5% $1,895 33.3% $4.44 Domestic 1,12372.5% $3,793 66.7% $3.38

Total 1,550 100.0% $5,688 100.0%

New Territories District Non-domestic 46623.4% $888 23.2% $1.91 Domestic 1,52676.6% $2,934 76.8% $1.92

Total 1,992 100.0% $3,822 100.0%

All District Non-domestic 1,19324.7% $4,361 28.8% $3.66 Domestic 3,64075.3% $10,758 71.2% $2.96

Total 4,833 100.0% $15,119 100.0%

Non-domestic Transaction Domestic Transaction

New New Territories Territories 41.9% 39.1%

Hong Kong 25.1% Hong Kong Kowloon 27.2% 35.8% Kowloon 30.9%

Hong Kong Kowloon New Territories Hong Kong Kowloon New Territories

No. of Transaction Private Sector - Number of registration of the Agreements for Sale & 1'st Hand No. of Transaction Total Price Total Trans. since Purchase from the Transaction fr. 16/Aug-31/Aug ($M) last 9 months "Memorial Day Book" by Hong Kong 162 $631.1 4528 the Land Registry of HKSAR. Kowloon 205 $1,054.3 10555

New Territories 425 $875.1 15540

Total 792 $2,560.5 30623 1'st Hand Transaction - Number of registration of the Agreements for Sale & Purchase from the 2'nd Hand No. of Transaction Total Price Total Trans. since "Memorial Day Book" by Transaction fr. 16/Aug-31/Aug ($M) last 9 months the Land Registry of HKSAR in which the Hong Kong 872 $3,482.2 18062 properties are directly sold Kowloon 972 $2,921.7 19286 by the developers. New Territories 1211 $2,479.1 27054

Total 3055 $8,883.0 64402 HOS Secondary Market -Number of registration of the Agreements for Sale & Purchase of "Home Home Ownership Scheme Ownership Scheme" properties from the No. of Transaction Total Price Total Trans. since "Memorial Day Book" by Secondary Market fr. 16/Aug-31/Aug ($M) last 9 months the Land Registry of HKSAR in which no Hong Kong 37 $53.5 510 premium settlement record Kowloon 58 $72.6 901 was found in the Land Search Online database . New Territories 162 $189.2 2844 Total 257 $315.3 4255

No. of Transaction Total Price Total Trans. since HOS Open Market Open Market fr. 16/Aug-31/Aug ($M) last 9 months - Number of registration of Hong Kong 4 $6.0 185 the Agreements for Sale & Purchase of "Home Kowloon 27 $31.3 646 Ownership Scheme" New Territories 61 $64.9 1621 properties from the "Memorial Day Book" by Total 92 $102.2 2452 the Land Registry of HKSAR in which the premium settlement record was found in the Land Search Online database.

▼ Top 10 Private Estate Transaction Analysis

No. of Total Price Average Most popular Unit Total Trans. since No. of Transaction Hong Kong 16/Aug-31/Aug Trans. ($M) Price ($M) Gross Area / No of Trans. last 9 months

- Number of registration of DISCOVERY BAY 28$81.1 $2.9 530 5 726 the Agreements for Sale & Purchase from the HENG FA CHUEN 23$73.1 $3.2 597 2 334 "Memorial Day Book" by SOUTH HORIZONS 22$81.1 $3.7 931 3 592 the Land Registry of HKSAR covering the 1st TAIKOO SHING 21$84.2 $4.0 675 7 845 and 2nd hand transaction. KORNHILL 15$48.6 $3.2 600 3 383 BEL-AIR ON THE PEAK 14$162.2 $11.6 1502 2 603 ISLAND RESORT 12$55.5 $4.6 1052 3 439 NAN FUNG SUN CHUEN 11$22.0 $2.0 474 6 180 SMITHFIELD TERR 11$10.9 $1.0 353 2 87 CHI FU FA YUEN 7$20.4 $2.9 518 3 209 Total: 164$639.1 4398

No. of Total Price Average Most popular Unit Total Trans. since Kowloon 16/Aug-31/Aug Trans. ($M) Price ($M) Gross Area / No of Trans. last 9 months

THE WATERFRONT 36$478.3 $13.3 848 7 192 MEI FOO SUN CHUEN 34$93.0 $2.7 960 6 1227 MOUNT BEACON 27$569.3 $21.1 1133 8 105 WHAMPOA GDN 26$81.5 $3.1 558 5 588 METRO HARBOUR VIEW 26$57.8 $2.2 499 8 741 SKY TWR 24$68.7 $2.9 605 7 567 LAGUNA VERDE 17$115.2 $6.8 1384 3 465 AMOY GDN 16$20.6 $1.3 482 4 377 LAGUNA CITY 16$39.8 $2.5 644 5 447 PARK AVENUE 16$74.6 $4.7 645 7 351 Total: 238$1,598.8 5060

No. of Total Price Average Most popular Unit Total Trans. since New Territories 16/Aug-31/Aug Trans. ($M) Price ($M) Gross Area / No of Trans. last 9 months

KINGSWOOD VILLAS 42$56.7 $1.4 709 7 1239 CITY ONE SHATIN 29$48.3 $1.7 395 11 988 METRO CITY 27$61.4 $2.3 617 4 421 PARK ISLAND 22$53.2 $2.4 488 4 693 OCEAN SHORES 20$57.8 $2.9 683 4 473 SUNSHINE CITY 19$36.9 $1.9 425 2 384 TSUEN WAN CTR 19$17.7 $0.9 404 7 370 PARK CENTRAL 19$48.0 $2.5 617 6 640 TAI PO CTR 16$20.7 $1.3 454 4 262 TSEUNG KWAN O PLAZA 16$41.2 $2.6 571 - 347 Total: 229$441.9 5817

▼ Top 10 HOS Transaction Analysis

No. of Total Price Average Most popular Unit Total Trans. since No. of Transaction Hong Kong 16/Aug-31/Aug Trans. ($M) Price ($M) Gross Area / No of Trans. last 9 months

- Number of registration of YUE FAI COURT 7$6.8 $1.0 502 4 47 the Agreements for Sale & Purchase from the KORNHILL 5$11.3 $2.3 717 3 78 "Memorial Day Book" by GREENWOOD TERR 4$5.7 $1.4 747 2 35 the Land Registry of HKSAR covering the NEPTUNE TERR 3$5.0 $1.7 - - 26 transaction of secondary and WALTON EST 3$3.9 $1.3 - - 32 open market. CHEERFUL GDN 3$5.9 $2.0 716 3 33 TUNG HEI COURT 2$3.0 $1.5 - - 27 KA LUNG COURT 2$2.9 $1.5 - - 16 FULLVIEW GDN 2$3.1 $1.6 - - 59 HARMONY GDN 2$3.3 $1.7 - - 37 Total: 33$50.9 390

No. of Total Price Average Most popular Unit Total Trans. since Kowloon 16/Aug-31/Aug Trans. ($M) Price ($M) Gross Area / No of Trans. last 9 months

RICHLAND GDN 15$18.0 $1.2 474 9 227 CHEUNG WO COURT 6$7.2 $1.2 521 4 48 TIN MA COURT 6$6.3 $1.1 567 3 92 HONG WAH COURT 5$4.8 $1.0 482 3 115 TSUI CHUK GDN 5$6.6 $1.3 480 2 74 HONG PAK COURT 4$3.9 $1.0 515 3 74 CHARMING GDN 4$6.4 $1.6 694 3 51 KO CHUN COURT 4$4.3 $1.1 - - 45 CHUN MAN COURT 3$5.7 $1.9 - - 64 LUNG POON COURT 3$4.2 $1.4 - - 138 Total: 55$67.4 928

No. of Total Price Average Most popular Unit Total Trans. since New Territories 16/Aug-31/Aug Trans. ($M) Price ($M) Gross Area / No of Trans. last 9 months

SUI WO COURT 10$10.7 $1.1 626 3 132 SERENITY PLACE 9$18.1 $2.0 781 4 153 MOUNTAIN SHORE 7$15.4 $2.2 635 2 95 HONG SING GDN 6$6.0 $1.0 502 2 47 KAM FUNG COURT 6$9.3 $1.6 - - 60 SIU HONG COURT 6$3.5 $0.6 520 2 191 SADDLE RIDGE GDN 6$7.6 $1.3 503 2 81 TIN SHING COURT 6$5.1 $0.9 828 2 77 ON NING GDN 5$6.3 $1.3 551 3 72 YING MING COURT 5$5.8 $1.2 513 4 40 Total: 66$87.8 948

Office Transaction (Registration : 16/Aug-31/Aug)

Property Address Transaction Date Price ($M) UNITS 1-10 ON 25/F ISLAND PLACE TOWER ISLAND PLACE NO.510 KING'S ROAD HONG KONG 08/11/2005 $101.20

UNITS 1-10 ON 29/F ISLAND PLACE TOWER ISLAND PLACE NO.510 KING'S ROAD HONG KONG 08/11/2005 $100.00

OFFICES 401,405,408-410 ON 4/F OF TOWER 1 SILVERCORD NO.30 CANTON ROAD KOWLOON 08/05/2005 $77.90

6/F OF TOWER I ADMIRALTY CENTRE NO.18 HARCOURT ROAD HONG KONG 07/29/2005 $32.00

NO.263 HENNESSY ROAD HONG KONG 08/15/2005 $30.00

UNITS 1108-1110 ON 11/F PENINSULA CENTRE NO.67 MODY ROAD KOWLOON 08/10/2005 $25.00

15/F KING KONG COMMERCIAL CENTER NO.9 DES VOEUX ROAD WEST HONG KONG 08/08/2005 $21.80

OFFICE B ON 1/F,2/F3/F,6/F,8/F,9/F,10/F & 11/F;OFFICE D ON 2/F,3/F,4/F,5/F,6/F,7/F,9/F,10/F & 11/F AND 07/18/2005 $21.00 ROOF TAI CHI COURT NO.134 AUSTIN ROAD KOWLOON

10/F LIPPO LEIGHTON TOWER NO.103 LEIGHTON ROAD HONG KONG 07/19/2005 $19.80

1/F CONWELL MANSION NO.120 WHARF ROAD HONG KONG 08/13/2005 $19.50

Shop Transaction (Registration : 16/Aug-31/Aug)

Property Address Transaction Date Price ($M) G/F NO.16 KAI CHIU ROAD HONG KONG 07/22/2005 $228.00

NOS.115,117,119,121 & 123A PRINCE EDWARD ROAD WEST KOWLOON 08/11/2005 $140.00

SHOPS D-F ON UG/F YUE WAH MANSION NOS.407-431 KWUN TONG ROAD KOWLOON 08/19/2005 $115.00

NOS.270 - 274 CHEUNG SHA WAN ROAD KOWLOON 08/03/2005 $75.00

G/F,1/F-3/F NOS. 25-27 TUNG LO WAN ROAD HONG KONG 08/03/2005 $72.00

NO.64 G/F HAPPY MANSION NOS.62-68 PERCIVAL STREET HONG KONG 08/12/2005 $62.20

RESTAURANT 8 ON 3/F (LEVEL 5) KWAI CHUNG PLAZA NOS. 7-11 KWAI FOO ROAD KWAI 08/03/2005 $59.50 CHUNG NEW TERRITORIES

SHOP G63 ON G/F OF SITE A PARK LANE SHOPPER'S BOULEVARD NOS.111-181 NATHAN ROAD 08/25/2005 $54.00 KOWLOON

SHOPS C-D ON G/F YEE HING BUILDING NO.13-19 LEIGHTON ROAD HONG KONG 07/28/2005 $52.00

SHOPS 6-11 OF RETAIL PORTIONS ON G/F OF COMMERCIAL PODIUM MANDARIN PLAZA NO.14 04/18/2005 $50.00 SCIENCE MUSEUM ROAD KOWLOON

P.7/9 Hong Kong Property Transaction Analysis Report

Residential Transaction (Registration : 16/Aug-31/Aug)

Property Address Transaction Date Price ($M) BLOCK A,CARPARK NOS.I & 2 PINEWAVER VILLAS NO.35 CHING SAU LANE HONG KONG 08/06/2005 $306.00

NO.33 HORIZON DRIVE HONG KONG 08/08/2005 $185.00

NOS.115,117,119,121 & 123A PRINCE EDWARD ROAD WEST KOWLOON 08/11/2005 $140.00

NOS.270 - 274 CHEUNG SHA WAN ROAD KOWLOON 08/03/2005 $75.00

G/F,1/F-3/F NOS. 25-27 TUNG LO WAN ROAD HONG KONG 08/03/2005 $72.00

HOUSE 8 MOUNT BEACONKOWLOON 08/02/2005 $63.30

HOUSE 8 MOUNT BEACONKOWLOON 08/04/2005 $62.70

27/F AND CARPARK NO.P13 ON LG/F GROSVENOR PLACE NO.117 REPULSE BAY ROAD HONG 07/29/2005 $54.70 KONG

NO.44 CONDUIT ROAD HONG KONG 08/11/2005 $48.80

HOUSE 9 LE PALAIS NO.8 PAK PAT SHAN ROAD HONG KONG 08/09/2005 $46.20

Industrial Transaction (Registration : 16/Aug-31/Aug)

Property Address Transaction Date Price ($M) 15/F-16/F AND ROOF FLOOR OF TOWER TWO EVER GAIN PLAZA NO.88 CONTAINER PORT 08/12/2005 $91.0 ROAD KWAI CHUNG NEW TERRITORIES

G/F,1/F-6/F,8/F AND 11/F WITH MAIN ROOF AND FALT ROOF WAI SHUN INDUSTRIAL BUILDING 07/29/2005 $55.0 NO.5 YUK YAT STREET KOWLOON

NO.4 TAI YIP STREET KOWLOON 08/18/2005 $38.8

CARPRK NOS.1,2 & 3, SHOW ROOM,LOADING SPACES ON G/F,COCKLOFT,1/F-7/F AND ROOF 08/17/2005 $28.0 SHING FAT INDUSTRIAL BUILDING NO.2 TAI LEE STREET YUEN LONG NEW TERRITORIES

UNITS A-D ON 1/F AND CARPARK NO.2 ON G/F PRECIOUS INDUSTRIAL CENTRE NO.18 08/12/2005 $21.2 CHEUNG YUE STREET KOWLOON

WORKSHOP ON G/F DRACO INDUSTRIAL BUILDING NO.46 LAI YIP STREET KOWLOON 08/03/2005 $10.0

FACTORY B ON G/F GOLDEN DRAGON INDUSTRIAL CENTRE BLOCK 4 NOS.182-190 TAI LIN PAI 07/25/2005 $9.3 ROAD KWAI CHUNG NEW TERRITORIES

P.8/9 Hong Kong Property Transaction Analysis Report

WORKSHOPS A6 AND A8 ON 10/F OF BLOCK A HONG KONG INDUSTRIAL CENTRE NOS.489-491 08/10/2005 $9.2 CASTLE PEAK ROAD KOWLOON

WORKSHOP A ON G/F WITH YARD GOLDFIELD INDUSTRIAL BUILDING NOS.144-150 TAI LIN 08/22/2005 $8.9 PAI ROAD KWAI CHUNG NEW TERRITORIES

5/F NEW EAST SUN INDUSTRIAL BUILDING NO.18 SHING YIP STREET KOWLOON 08/11/2005 $8.8

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