99年地契私宅销售 在新私宅所占比例上升

(2011-11-10) 　　胡渊文　报道 　　过去五年来，本地买家更愿意购买99年地契的私宅，它在新的私宅单位销售中所占的比率，从2007年的31.3％，上升至今年前三季的59.5％。 　　房地产顾问公司齐乐行（Credo）的研究显示以上结果。 　　齐乐行研究与咨询部门主管王德辉说，一般上永久地契或999年地契是房地产买家所偏爱的投资选择，因为许多人担心99年地契的私宅可能没有太大的升值空间。 　　不过数据显示，99年地契私宅颇受欢迎，过去五年来，永久地契及999年地契私宅所占新销售单位的比率逐年下降，99年地契私宅所占比率则相应上升。 　　王德辉指出，买家比过去更能接受99年地契的私宅，是受到几个因素所影响，其中一个原因是两者的供应量出现变化，另外一个因素是99年地契私宅在价格和地段上具备一定优势。 　　他解释说，2007年至2009年期间，永久地契和999年地契私宅单位占新销售的绝大多数，是因为2006年和2007年的集体出售 市场非常活跃，使得永久地契和999年地契私宅单位的供应强劲。而反观在那段时间，99年地契地段的主要来源——政府售地却相对比较不活跃。 　　当房地产市场于2008年至2009年全球金融危机期间陷入不景时，只有少数几个集体出售项目成交，使得永久地契和999年地契新单位的供应相当有限。 　　虽然2010年的市场环境更明朗，但集体出售市场只出现温和的复苏。去年至今，成交的集体出售地段可提供约3000个新单位；相比之 下，政府售地计划下所售出的地段可提供1万6000至1万7000个单位，这不包括执行共管公寓（Executive Condominiums，简称EC）。 　　王德辉说，目前99年地契单位销售的比率增加，是因为大众化市场项目呈现了更多的购买机会，同时需求也非常强劲。 　　他指出，这两年市场上有更多的组屋升级买家和真诚买家，对他们来说，99年地契的私宅单位的价格较能让人承受。一般上，99年地契私宅单位的尺价，比永久地契或999年地契单位低10％至15％，具体要看其房龄、地点、有地还是非有地等因素。 　　此外，许多99年地契项目的地点靠近各种设施和交通地点，对于住房升级者来说，这些是相当重要的因素，他们把可负担性和交通便利作为优先考虑。 　　展望未来，王德辉认为，由于政府售地计划会继续保持强劲，大众市场的需求也非常蓬勃，接下来的新私宅单位销售中，预计多数还会是99年地契的。 升值和抗跌性 永久地契私宅较强 　　不过数据也显示，永久地契私宅单位在升值和抗跌性方面更胜一筹。 　　自去年8月起，政府推出了两轮降温措施，价格涨幅自去年第三季起有所放缓。去年第三季至今年第三季期间，非永久地契公寓的价格每季度增长不超过1％，而永久地契公寓的价格则显得更抗跌，平均上涨2.2％。 　　在过去十年，永久地契公寓升值达62％，非永久地契公寓升值为48％。 　　在有地私宅方面，今年第三季永久地契排屋（terrace house）价格攀升4.9％，而非永久地契排屋的价格出现0.1％的下滑。 　　过去十年内，永久地契排屋升值高达97％，非永久地契排屋升值为52％。 　　*[e-mail] 《联合早报》 （编辑：黄爱莲） 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