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Hong Kong’s End-September Primary Market Housing Supply

Following is a table of Hong Kong’s primary market private housing supply at the end of September announced by the Hong Kong Transport and Housing Bureau.

===============================================================================
                                         Sept.    June   March    Dec.   Sept.
                                          2011    2011    2011    2010    2010
===============================================================================
                                      ------------------ Units ----------------
Private Housing Primary Market          50,000  51,000  50,000  49,000  48,000
 Unsold Units in Conpleted Projects      6,000   5,000   6,000   7,000   7,000
 Units Under Construction               47,000  48,000  46,000  46,000  44,000
 Units Sold by Presale                   3,000   2,000   2,000   4,000   3,000

                                      ------------ Units -------------  - YtD -
Private Residential Units             
 Actual Construction                     1,700   4,700   2,800   1,700   9,200
 Actual Completion                       2,200   1,200   3,300   2,300   6,700

===============================================================================
                                         Sept.    June   March    Dec.
                                          2011    2011    2011    2010   Total
===============================================================================
                                      ------------------ Units ----------------
Completed Projects Unsold Units          2,000       *     n/a   2,000   6,000
Units Under Construction                 9,000   7,000   3,000  13,000  47,000
 Sold by Pre-sale                            0       0       0       0   3,000
 Not yet sold or offered for sale        9,000   7,000     300  13,000  44,000
===============================================================================
Note 1: Total figures are from pre 2008 to present.
Note 2: Completed projects unsold units for March 2011 is less than 500.
Note 3: * only a few hundreds, does not round up to a thousand.

Source: Transport and Housing Bureau  

To contact the reporter on this story: Michael J. Munoz in Hong Kong at mjmunoz@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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Personal Finance Best Sellers From Amazon

Key Rates

  • Mortgage
  • Home Equity
  • Savings
  • Auto
  • Credit Cards
Today’s national average mortgage rates. Rates may include points.
Type Today 1 Mo
30 Year Fixed Jumbo 3.99% 3.95%
30 Year Fixed 3.65% 3.51%
15 Year Fixed 2.80% 2.74%
10 Year Fixed 2.89% 2.97%
30 Year Fixed Refi 3.64% 3.50%
15 Year Fixed Refi 2.79% 2.71%
5/1 ARM 2.59% 2.61%
5/1 ARM Refi 2.60% 2.56%
View rates in your area »

Source: Bankrate.com

Today’s average home equity rates nationwide.
Type Today 1 Mo
$30K HELOC 5.35% 5.24%
$50K HELOC 4.56% 4.60%
$75K HELOC 4.57% 4.54%
$100K HELOC 4.27% 4.27%
$30K Home Equity Loan 5.95% 6.06%
$50K Home Equity Loan 5.97% 6.02%
$75K Home Equity Loan 5.94% 5.98%
$100K Home Equity Loan 5.80% 5.84%
View rates in your area »

Source: Bankrate.com

Today’s average savings rates nationwide.
Type Today 1 Mo
5 Year CD 1.23% 1.21%
2 Year CD 0.72% 0.66%
1 Year CD 0.59% 0.52%
MMA $10K+ 0.47% 0.50%
MMA $50K+ 0.69% 0.71%
MMA Savings Jumbo 0.58% 0.60%
View rates in your area »

Source: Bankrate.com

Today’s average auto loan rates nationwide.
Type Today 1 Mo
60 Months Used Car 2.97% 2.94%
48 Months Used Car 2.92% 3.12%
36 Months Used Car 2.88% 2.96%
72 Months New Car 2.45% 2.98%
60 Months New Car 2.53% 2.68%
48 Months New Car 2.44% 2.60%
60 Months Auto Refi 4.15% 4.37%
36 Months Auto Refi 3.60% 3.77%
View rates in your area »

Source: Bankrate.com

Today’s average credit card rates nationwide.
Type Today 1 Mo
Standard Variable 14.12% 14.12%
Standard Fixed 13.23% 13.23%
Gold Variable 12.70% 12.70%
Gold Fixed 11.99% 11.99%
Platinum Variable 15.53% 15.46%
Platinum Fixed 12.70% 12.70%
View rates in your area »

Source: Bankrate.com