POSSIBLE DIFFERENCES between UK and HK property markets
+ I start from the notion that property is a cyclical sector, and I want to "catch the sweet spot", and hope to be out before the peak. That doesnt mean that I won't get stuck in after the top (as TTRTR seems to), but at least I will be looking for signs of a peak. ... XXX hasnt shown any cyclical awareness. He is a self-confessed "long term bull on property"- in denial of cycles.
+ The fundamentals underlying this boom are different than they were in the UK. Rents are rising fast in HK (up 10-15% per annum or more), while in the UK, rents seemed to be stagnant for years. Also interest rates are falling fast, driven lower by US cuts. At the peak in London, rates had been rising for many months. The Builders are a good bellwether here also. Their sharp moves up attracted me in. They ae now off their highs, but my reading of the charts is that their is yet another surge ahead for HK property developers. If they break down instead, I should redouble my alertness.
+ I regard XXX as a speculator who stumbled into property investing, following a societal bandwagon, driven by wildly aggressive lending by banks (like NRK.) He got carried away, and started believing EA hype. Of course, there are many investors here too, but most investors got burned by the 70% drop from 1997 to 2003, and that is within their recent memory. The result is more caution, especially amongst the banks, who ae reluctant to lend more than 70%. All of my loans were in the region of 65% - 70%, and with price appreciation my portfolio is now sitting at near 50% Loan to Value, with no MEW-ing, at least not yet.
+ I welcome bear arguments, especially those that are backed up by facts, and figures. I dont want to miss the turn, so bear arguments will help me stay alert, and not miss something. The possible scenario you point to: a surge up, followed by a sharp fall, is possible, and could be triggered by: a re-pegging of the HK dollar, or a turnaround in rates from a falling trend to a rising trend. Do people here see other ways that could happen?
Compare charts:
............. <a href="
http://www.housepric...d/homepage.png" target="_blank">UK Property</a> ........................................................... : ......... UK Builder: <a href="
http://bigcharts.mar...257&mocktick=1" target="_blank">Taylor Wimpey (TW.L)</a>
<img src="
http://www.housepric...d/homepage.png" border="0" class="linked-image" />.<img src="
http://img213.images...541/aa4tb2.gif" border="0" class="linked-image" />.
............. <a href="
http://www.midland.c...dex/main.shtml" target="_blank">HK Property</a> ........................................................... : ......... HK Developer: <a href="
http://bigcharts.mar...844&mocktick=1" target="_blank">Henderson (HK:12)</a>
<img src="
http://img255.images...983/aa0jx7.gif" border="0" class="linked-image" />.<img src="
http://img125.images...671/aa3mw0.gif" border="0" class="linked-image" />.
Compare and contrast this comment from Midland Realty, with what you might get from UK estate agents:
"End-user demand on supply shortage and improved affordability
Pessimists have raised worries of a bubble burst with the local property market despite the presence of negative interest rates and other favourable factors. However, I would like to emphasise that the Hong Kong market has strong and sound fundamentals. There are three major supporting factors:
1. Hong Kong is a high savings society. The total personal savings with local banks are estimated at HK$6,000 billion.
2. The indebtedness of local families is low. The overall mortgage-to-income ratio has declined steadily to about 30%.
3. Land Registry records showed a low volume of confirmor-related transactions in 2007, indicating that just 1.6% of home purchases involved short-term speculators during the year.
An economic cycle has to go through a number of financial crises, big and small. During a market slump, average investors are often polarised into two major categories – the extreme pessimists prefer to hold cash on hand and on the defensive; the ultra-aggressive ones on the opposite camp are prepared to fight back hard to regain their lost ground. Hong Kong’s property market is characterised by a supply shortage, strong demand from end-users, low level of indebtedness and high savings rate. Buying into Hong Kong property assets appears to be a good bet."
/source: <a href="
http://www.midland.c...s/080125.shtml" target="_blank">
http://www.midland.c...80125.shtml</a>
Monthly - updated

Weekly Transactions - updated

Hong Kong news items ::
http://bg.panlv.net/
Weekly Price Indices:
Midland... :
http://www.midland.c...ndex/main.shtml :
OLY1
CC Trans. : <a href="
http://proptx.midlan...page=0&lang=en" target="_blank">
http://proptx.midlan...e=0&lang=en</a>
Centaline :
http://www.centadata.com/cci/cci_e.htm
Week==== : 35tr : prv : CCLI. : MMLI. : 18wkMA .. before /18
01/06/2008 : xxx : xxx : ??.?? : 64.98
01/13/2008 : xxx : xxx : ??.?? : 67.93
01/20/2008 : xxx : xxx : ??.?? : 68.05
01/27/2008 : xxx : xxx : ??.?? : 69.13
02/03/2008 : xxx : xxx : ??.?? : 71.08
02/10/2008 : xxx : xxx : ??.?? : 70.33
02/17/2008 : 137 : xxx : 73.81 : <b>71.08</b> : 63.41 ..
02/24/2008 : 153 : xxx : 73.28 : 70.33 : 64.15
03/02/2008 : 159 : xxx : 73.98 : <b>71.07</b> : 64.92
03/09/2008 : 186 : xxx : 73.5E : 70.5E : 65.61
03/16/2008 : 169 : 218 : 73.01 : 69.97 : 66.22
03/23/2008 : 121 : xxx : 72.79 : 69.72 : 66.78
03/30/2008 : 134 : 203 : 72.89 : 70.06 : 67.29
04/06/2008 : 146 : 193 : 73.75 : 70.91 : 67.82
04/13/2008 : 124 : xxx : 71.93 : 69.02 : 68.17 .. 1,227.11
04/20/2008 : 160e: xxx : 72.57 : 69.77 : 68.51 .. 1,233.11
04/27/2008 : 171 : xxx : 71.49 : 68.58 : 68.78 .. 1,238.04
05/04/2008 : 173 : 253 : 71.44 : 68.61 : 69.02 .. 1,242.33 / C.C.
05/11/2008 : 178 : 232 : 71.51 : 68.59 : 69.22 .. 1245.94 / $3,115
05/18/2008 : 150 : xxx : 71.86 : 69.11 : 69.40 .. 1249.20 / $3,085
05/25/2008 : 185 : 209 : 72.67 : 69.87 : 69.57 .. 1252.30 / $3,115
06/01/2008 : 170 : xxx : 72.16 : 69.26 : 69.65 .. 1253.63 / $3,127
06/07/2008 : 183 : 203 : 73.23 : 70.26 : 69.77 .. 1255.84 / $3,295 (! High in CC ?)
06/14/2008 : 171 : 211 : 71.30 : 69.61 : 69.80 .. 1256.32 / $3,154
06/21/2008 : 150e: xxx : 72.62 : 69.39 : 69.xx .. 12xx.xx / $3,030 (reflecting: 6/16 - 6/22)
06/28/2008 : 130e: xxx : 73.38 : 70.27 : 69.xx .. 12xx.xx / $3,111
07/05/2008 : 116 : xxx : 72.77 : 69.70 : 69.xx .. 12xx.xx / $3,240
07/12/2008 : 109 : 262 : 72.38 : 69.41 : 69.xx .. 12xx.xx / $3,192
07/19/2008 : 104 : 268 : 71.84 : 68.78 : 69.xx .. 12xx.xx / $3,025
07/26/2008 : 115 : 333 : 71.55 : 68.47 : 69.xx .. 12xx.xx / $3,324
08/02/2008 : 124 : 268 : 70.81 : 67.59 : 69.xx .. ==== / $3,194 (testing lows again!)
08/09/2008 : 112 : 224 : 70.46 : 67.24 : 69.09 .. 65.05 / $2,870
08/16/2008 : 107 : xxx : 70.49 : 67.31 : 68.99 .. 65.27 / $3,140
08/23/2008 : 104 : 157 : 70.13 : 66.92 : 68.83 .. 65.48 / $3,265
08/30/2008 : 123 : 212 : 69.94 : 66.86 : 68.74 .. 65.70 / $3,097
09/06/2008 : 121 : xxx : 68.93 : 65.93 : 68.59 .. 65.89 / $2,974 (testing again...)
09/15/2008 : 098 : xxx : 68.40 : 65.44 : xx.xx ... xx.xx / $3,070e
09/22/2008 : 083 : xxx : 68.26 : 65.26 : xx.xx ... xx.xx / $3,192
09/29/2008 : 080 : 329 : 67.52 : 64.46 : xx.xx ... xx.xx / $3,160
10/06/2008 : 084 : 391 : 67.44 : 64.61 : xx.xx ... xx.xx / $3,097 : Black Oct. week
10/13/2008 : 104 : xxx : 66.27 : 63.79 : xx.xx ... xx.xx / $3,159
10/20/2008 : 090 : 422 : 64.64 : 62.01 : xx.xx ... xx.xx / $2,925
10/27/2008 : 113 : xxx : 63.40 : 60.94 : xx.xx ... xx.xx / $2,950e
11/03/2008 : 132 : xxx : 61.61 : 59.09 : xx.xx ... xx.xx / $2,984
11/10/2008 : 157 : xxx : 59.93 : 57.94 : xx.xx ... xx.xx / $2,642
11/17/2008 : 129 : 465 : 57.43 : 55.41 : xx.xx ... xx.xx / $2,609
11/24/2008 : 102 : 337 : 57.00 : 55.03 : xx.xx ... xx.xx / $2,496
12/01/2008 : xxx : xxx : 56.92 : 54.99 : xx.xx ... xx.xx / $2,500e
12/08/2008 : xxx : xxx : 57.15 : 55.19 : xx.xx ... xx.xx / $2,512
12/15/2008 : xxx : xxx : 56.71 : 54.77 : xx.xx ... xx.xx / $2,541 (( LOW ))
12/22/2008 : xxx : xxx : 56.93 : 54.99 : xx.xx ... xx.xx / $2,670e
12/29/2008 : xxx : xxx : 56.78 : 54.89 : xx.xx ... xx.xx / $2,581
<b>(Cal. 2009)</b>
01/05/2009 : 191 : xxx : 57.52 : 55.75 : xx.xx ... xx.xx / $2,649
01/12/2009 : 187 : 396 : 57.51 : 55.94 : xx.xx ... xx.xx / $2,698
01/19/2009 : 187 : 396 : 57.99 : 56.42 : xx.xx ... xx.xx / $2,612
01/26/2009 : ??? : 396 : 58.38 : 56.87 : xx.xx ... xx.xx / $2,626
02/03/2009 : 056 : ??? : 58.53 : 57.02 : xx.xx ... xx.xx / $2,612
02/10/2009 : 124 : 072 : 58.35 : 56.75 : xx.xx ... xx.xx / $2,612
02/17/2009 : 152 : 137 : 58.70 : 57.28 : xx.xx ... xx.xx / $2,656
02/24/2009 : 161 : 153 : 58.62 : 57.02 : xx.xx ... xx.xx / $2,545
03/03/2009 : 175 : 159 : 59.45 : 57.78 : xx.xx ... xx.xx / $2,732
03/10/2009 : 157 : 186 : 59.47 : 57.87 : xx.xx ... xx.xx / $2,660e
03/17/2009 : 184 : 169 : 59.74 : 58.25 : xx.xx ... xx.xx / $2,742
03/24/2009 : 240 : 121 : 59.43 : 57.90 : xx.xx ... xx.xx / $2,540
03/31/2009 : 318 : 134 : 60.20 : 58.71 : xx.xx ... xx.xx / $2,595
==== : Rise from LOW : 6.15%: 7.30% : ==== MMI x46 / CaribC
04/07/2009 : 365 : 146 : 60.10 : 58.48 : xx.xx ... $2,690 / $2,692
04/14/2009 : 327 : 124 : 60.66 : 59.20 : xx.xx ... $2,723 / $2,722
04/21/2009 : 291 : 129 : 61.50 : 60.06 : xx.xx ... $2,763 / $2,695
04/28/2009 : 258 : 171 : 62.83 : 61.29 : xx.xx ... $2,819 / $2,683
05/05/2009 : 157 : 173 : 63.08 : 61.43 : xx.xx ... $2,826 / $2,781
05/12/2009 : 239 : 178 : 64.34 : 62.48 : xx.xx ... $2,874 / $2,634
05/17/2009 : 270 : 150 : 64.30 : 62.56 : xx.xx ... $2,878 / $2,787
05/24/2009 : 242 : 185 : 64.35 : 62.72 : xx.xx ... $2,885 / $2,804
05/31/2009 : 316 : 170 : 65.49 : 63.62 : xx.xx ... $2,926 / $2,944
06/07/2009 : 320 : 183 : 65.00 : 63.18 : xx.xx ... $2,906 / $2,881
06/14/2009 : xxx : xxx : 65.82 : 64.07 : xx.xx ... $2,947 / $2,874
06/21/2009 : xxx : xxx : 67.11 : 65.49 : xx.xx ... $3,013 / $2,967
06/28/2009 : xxx : xxx : 68.42 : 66.77 : xx.xx ... $3,071 / $2,955
==== : Rise from LOW : 20.6%: 21.9% : ==== MMI x46 / CaribC
07/05/2009 : xxx : xxx : 67.59 : 65.59 : xx.xx ... $3,071 / $2,906
07/12/2009 : xxx : xxx : 68.46 : 66.52 : xx.xx ... $3,060 / $2,948
07/19/2009 : xxx : xxx : 68.62 : 66.73 : xx.xx ... $3,070 / $2,996
07/26/2009 : xxx : xxx : 68.71 : 66.89 : xx.xx ... $3,077 / $3,043
08/02/2009 : xxx : xxx : 69.44 : 67.10 : xx.xx ... $3,087 / $3,140
08/09/2009 : xxx : xxx : 69.51 : 67.33 : xx.xx ... $3,097 / $3,088E?
08/16/2009 : xxx : xxx : 70.12 : 67.62 : xx.xx ... $3,111 / $3,206 +7.00% in a month!
08/23/2009 : xxx : xxx : 70.79 : 68.50 : xx.xx ... $3,151 / $3,084
08/30/2009 : xxx : xxx : 70.72 : 68.31 : xx.xx ... $3,142 / $3,311
09/06/2009 : xxx : xxx : 72.64 : 70.38 : xx.xx ... $3,237 / $3,250e
09/13/2009 : xxx : xxx : 72.06 : 70.07 : xx.xx ... $3,223 / $3,195
09/20/2009 : xxx : xxx : 72.18 : 70.05 : xx.xx ... $3,222 / $3,120e
09/27/2009 : xxx : xxx : 72.92 : 70.95 : xx.xx ... $3,264 / $3,278
==== : Rise from LOW : 28.5%: 29.5% : ==== MMI x46 / CaribC
WeekEnded : HangSI- SQx22: Hk12 :: CCLI : MMIdx ... MMI x46 / CaribC
10/04/2009 : 20,375 - 3,140 : 48.60 :: 72.70 : 70.81 ... $3,257 / $3,096
10/11/2009 : 21,499 - 3,226 : 51.75 :: 73.80 : 71.57 ... $3,292 / $3,257
10/18/2009 : 21,930 - 3,258 : 53.55 :: 73.37 : 71.38 ... $3,283 / $3,283
10/25/2009 : 22,590 - 3,307 : 55.30 :: 73.39 : 71.16 ... $3,273 / $3,247
11/01/2009 : 21,753 - 3,245 : 55.80 :: 73.74 : 71.30 ... $3,280 / $3,150 (Dist.$2,150?)
11/08/2009 : 21,830 - 3,250 : 56.30 :: 73.52 : 71.20 ... $3,275 / $3,161
11/15/2009 : 22,554 - 3,304 : 53.95 :: 73.91 : 71.42 ... $3,285 / $3,304
11/22/2009 : 22,456 - 3,297 : 54.20 :: 73.56 : 71.05 ... $3,xxx / $3,304
11/29/2009 : 21,135 - 3,198 : 51.70 :: 72.61 : 70.00 ... $3,220 / $3,157
12/06/2009 : 22,498 - 3,300 : 59.15 :: 73.03 : 70.87 ... $3,260 / $3,110
12/13/2009 : 21,902 - 3,256 : 57.80 :: 72.79 : 70.61 ... $3,248 / $3,293
12/20/2009 : 21,176 - 3,201 : 55.00 :: 73.08 : 70.79 ... $3,256 / $3,200e
12/27/2009 : 21,517 - 3,227 : 57.65 :: 73.23 : 70.95 ... $3,263 / $3,350
Rise from Low 89.7%: 37.7% : 151% :: 29.1%: 29.5% MMI x46 / +31.8%
LOW.......... : 11,345 - 2343 : 23.00 :: 56.71 : 54.77 ... $2,519 / $2,541
01/03/2010 : 21,873 - 3,254 : 58.40 :: 74.07 : 71.77 ... $3,301 / $3,275 : $7,187
01/10/2010 : 22,297 - 3,285 : 59.25 :: 74.87 : 72.69 ... $3,344 / $3,261 : $7,437
01/17/2010 : 21,654 - 3,237 : 56.10 :: 75.08 : 72.86 ... $3,352 / $3,424 : $7,228
01/24/2010 : 20,726 - 3,167 : 51.20 :: 76.17 : 74.09 ... $3,408 / $3,283 : $7,339
01/31/2010 : 20,122 - 3,197 : 49.15 :: 76.05 : 73.55 ... $3,383 / $3,215 : $7,776
02/07/2010 : 19,665 - 3,085 : 47.55 :: 76.67 : 74.25 ... $3,416 / $3,342 : $7,765
02/14/2010 : 20,269 - 3,132 : 50.60 :: 77.03 : 74.57 ... $3,430 / $3,234 : $8,086
02/21/2010 : 19,894 - 3,103 : 48.60 :: 77.26 : 74.74 ... $3,438 / $3,249 : $8,086
02/28/2010 : 20,609 - 3,158 : 52.45 :: 77.96 : 75.65 ... $3,480 / $3,303 : $8,364
03/07/2010 : 20,788 - 3,172 : 53.95 :: 77.01 : 74.72 ... $3,437 / $3,561 : $8,163
03/14/2010 : 21,210 - 3,204 : 54.70 :: 77.24 : 74.82 ... $3,442 / $3,267 : $7,835
03/21/2010 : 21,371 - 3,216 : 56.35 :: 78.63 : 76.43 ... $3,515 / $3,376 : $8,003
03/28/2010 : 21,053 - 3,192 : 56.05 :: 78.69 : 76.25 ... $3,508 / $3,442 : $8,010
Rise from Low 85.6%: 36.4% : 144% : 38.8%: 39.2% MMI x46 / +36.6%
04/04/2010 : 21,537 - 3,229 : 54.90 :: 78.64 : 76.26 ... $3,508 / $3,460 : $8,042
04/11/2010 : 22,209 - 3,279 : 55.15 :: 78.48 : 76.11 ... $3,501 / $3,498 : $8,045
04/18/2010 : 21,865 - 3,253 : 53.10 :: 79.39 : 77.16 ... $3,549 / $3,457 : $8,313
04/25/2010 : 21,244 - 3,207 : 50.40 :: 78.77 : 76.47 ... $3,518 / $3,624 : $8,178
05/02/2010 : 21,109 - 3,196 : 49.85 :: 80.68 : 78.20 ... $3,597 / $3,479 : $8,406
05/09/2010 : 19,920 - 3,105 : 47.35 :: 79.86 : 77.42 ... $3,561 / $3,746 : $8,321
05/16/2010 : 20,145 - 3,123 : 46.55 :: 80.06 : 77.55 ... $3,567 / $3,735 : $8,313
05/23/2010 : 19,546 - 3,076 : 43.60 :: 80.32 : 77.67 ... $3,573 / $3,716 : $8,101
05/30/2010 : 19,767 - 3,093 : 46.80 :: 79.16 : 76.47 ... $3,518 / $3,533 : $8,309
06/06/2010 : 19,780 - 3,094 : 46.70 :: 79.48 : 76.88 ... $3,537 / $3,671 : $8,505
06/13/2010 : 19,872 - 3,101 : 46.60 :: 79.68 : 77.08 ... $3,xxx / $3,500 : $8,496
06/20/2010 : 20,287 - X,XXx : 46.20 :: 79.12 : 76.25 ... $3,xxx / $3,599 : $8,314
06/27/2010 : 20,691 - X,XXx : 47.65 :: 80.12 : 77.43 ... $3,xxx / $3,721 : $8,433
Rise from Low xx.x%: 36.4% : 1xx% :
07/04/2010 : 19,905 - X,xxx : 46.10 :: 80.15 : 77.33 ... $3,xxx / $3,620 : $8,117
07/11/2010 : 20,379 - X,xxx : 47.20 :: 80.90 : 78.62 ... $3,xxx / $3,711 : $8,161
07/18/2010 : 20,250 - X,xxx : 46.10 :: 81.18 : 78.65 ... $3,xxx / $3,575 : $8,595
07/25/2010 : 20,815 - X,xxx : 48.65 :: 81.88 : 79.35 ... $3,xxx / $3,777 : $8,541
08/01/2010 : 21,030 - X,xxx : 48.35 :: 82.14 : 79.73 ... $3,xxx / $3,834 : $8,431
08/08/2010 : 21,679 - X,xxx : 49.60 :: 83.51 : 81.26 ... $3,xxx / $3,698 : $8,268
08/15/2010 : 21,072 - X,xxx : 49.90 :: 83.36 : 80.86 ... $3,xxx / $3,732 : $8,496
08/22/2010 : 20,981 - X,xxx : 48.00 :: 83.57 : 81.03 ... $3,xxx / $3,809 : $8,490
08/29/2010 : 20,597 - X,xxx : 47.00 :: 83.61 : 80.87 ... $3,xxx / $3,804 : $8,529
09/05/2010 : 20,972 - X,xxx : 47.65 :: 84.54 : 81.79 ... $3,xxx / $3,856 : $8,299
09/12/2010 : 21,257 - X,xxx : 49.35 :: 84.16 : 81.30 ... $3,xxx / $3,904 : $8,327
09/19/2010 : 21,971 - X,xxx : 50.30 :: 83.99 : 81.09 ... $3,xxx / $3,873 : $8,371
09/26/2010 : 22,119 - X,xxx : 53.40 :: 85.34 : 82.32 ... $3,xxx / $3,949 : $8,622
10/03/2010 : 22,358 - X,xxx : 55.25 :: 84.85 : 81.83 ... $3,xxx / $3,925 : $8,359
10/10/2010 : 22,944 - X,xxx : 55.95 :: 85.09 : 82.25 ... $3,xxx / $3,940 : $8,640
10/17/2010 : 22,944 - X,xxx : 56.05 :: 85.13 : 82.35 ... $3,xxx / $3,915 : $8,536
10/24/2010 : 23,758 - X,xxx : 57.55 :: 85.62 : 82.88 ... $3,xxx / $3,924 : $8,682
10/31/2010 : 23,096 - X,xxx : 55.05 :: 86.87 : 84.00 ... $3,xxx / $3,955 : $8,870
11/07/2010 : 24,877 - X,xxx : 59.75 :: 87.55 : 84.62 ... $3,xxx / $3,954 : $9,029
11/14/2010 : 24,223 - X,xxx : 59.35 :: 87.41 : 84.70 ... $3,xxx / $4,002 : $9,282
11/21/2010 : 23,606 - X,xxx : 56.85 :: 88.24 : 85.62 ... $3,xxx / $4,012 : $9,225
11/28/2010 : 22,877 - X,xxx : 54.50 :: 88.58 : 86.16 ... $3,xxx / $4,096 : $9,092
12/05/2010 : 23,321 - X,xxx : 54.45 :: 89.41 : 86.75 ... $3,991 / $4,030 : $9,772
12/12/2010 : 23,163 - X,xxx : 53.15 :: 88.27 : 84.99 ... $3,xxx / $3,975 : $9,684
12/19/2010 : 22,715 - X,xxx : 52.50 :: 87.48 : 84.26 ... $3,xxx / $4,008 : $9,134
12/26/2010 : 22,834 - X,xxx : 52.85 :: 88.40 : 85.22 ... $3,xxx / $4,142 : $9,243
========
01/02/2011 : 23,035 - X,xxx : 53.00 :: 88.38 : 85.20 ... $3,xxx / $4,007 : $9,048
01/09/2011 : 23,687 - X,xxx : 56.35 :: 90.05 : 87.01 ... $3,xxx / $4,142 : $9,204
01/16/2011 : 24,283 - X,xxx : 55.30 :: 90.01 : 87.10 ... $3,xxx / $4,021 : $8,695
01/23/2011 : 23,877 - X,xxx : 54.70 :: 91.21 : 88.29 ... $3,xxx / $3,998 : $8,898
01/30/2011 : 23,617 - X,xxx : 54.45 :: 90.83 : 87.90 ... $3,xxx / $4,157 : $8,773
02/06/2011 : 23,909 - X,xxx : 54.90 :: 91.45 : 88.85 ... $3,xxx / $4,201 : $9,320
02/13/2011 : 22,829 - X,xxx : 49.70 :: 93.41 : 90.61 ... $3,xxx / $4,309 : $9,330
02/20/2011 : 23,595 - X,xxx : 49.95 :: 93.99 : 91.24 ... $3,xxx / $4,688 : $9,632
02/27/2011 : 23,012 - X,xxx : 47.90 :: 94.81 : 92.13 ... $3,xxx / $4,175 : $9,739
03/06/2011 : 23,122 - X,xxx : 49.65 :: 96.44 : 93.58 ... $3,xxx / $4,336 : $10,024
03/13/2011 : 23,250 - X,xxx : 48.45 :: 96.51 : 93.72 ... $3,xxx / $4,586 : $9,960
03/20/2011 : 22,300 - X,xxx : 47.30 :: 98.15 : 95.41 ... $3,xxx / $4,623 : $9,954
03/27/2011 : 23,155 - X,xxx : 52.10 :: 97.41 : 94.42 ... $3,xxx / $4,640 : $9,771
04/03/2011 : 20,000
Query: Past CCI Data ::
http://202.72.14.23/...rchHistory.aspx
Here's Centaline's Weekly Mass Market Index (MMI) + 10/06/2008
<img src="
http://img234.images...353/aa0ht7.gif" border="0" class="linked-image" />
.......... Jan'08 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Dec
It looks like the correction since CNY continued for some months.
We are coming up on 12 months since the Oct.2007 stock peak, and MMI has fallen to
the approximate level of the 12months MA ($65.89). This could be a support level.
<img src="
http://img18.imagesh.../ccnov2009.jpg" border="0" class="linked-image" />
<img src="
http://img109.images...4/ccprices.jpg" border="0" class="linked-image" />
== ==
35tr.: Number of transactions in Midland's 35 key Residental projects
prv : Number in prior year // (Midland's data offset by one week for both)
50key: late April: 401 vs. 374 in prior week. But prices fell 0.4 percent
"Buyers becoming more active, as they see sellers are reluctant to lower prices"
QUOTE (starterpack @ Jul 3 2008, 10:01 AM) :
Sorry, can you explain what the figures mean?
What the columns are and the abbreviations? and where I can find them?
many thanks, Starterpack
UNQUOTE
35tr... : 35 main estates tracked by Midland
prv ... : Previous year's figure
CCLI. : Centaline's weekly index
MMLI. : Centaline's weekly index for the Mass Market
18wkMA: 18week Moving Average of the above
Last... : Last column is the average price per sf for Caribbean Coast
Online calculators: <a href="
http://www.metacalc.com/" target="_blank">
http://www.metacalc.com/</a>