Fanling Bellevue priced at 14,300 sq ft, slightly flat, second-hand 221 sq ft at 3.06 million in the same area

28Hse Editor  2022-09-17  #New Properties

Hong Kong has the opportunity to increase P this month, and the opening price of the new market remains restrained. Henderson Land’s off-the-plan construction period is about 10 months, and ONE INNOVALE-Bellevue in Fanling North announced its first price list yesterday, involving 83 units, ranging from open-plan to three-bedroom units. After deducting a maximum 7% discount, the average price per square foot is 14,398 yuan. Compared with last month's best-selling ONE INNOVALE-Archway, the first batch of discounted average square foot price was 14,168 yuan, a slight increase of 1.6%, slightly lower than the second-hand square foot price of Yifeng in the same area. ◆reporter Liang Yueqin

Lin Damin, general manager of Henderson Property Agency Sales (1) Department, described the price of the first price list of ONE INNOVALE-Bellevue as "continued to tolerate the price", which is similar to the first price list of ONE INNOVALE-Archway. There is room for price increase. The demo unit will be opened to the public today and the ticket will be collected simultaneously.

The first price list is 83 units with 85% one click

ONE INNOVALE-Bellevue's first price list is 83 units, ranging from 221 to 462 square feet, covering 10 open-plan units, 56 units of one-bedroom units, 12 units of two-bedroom units and 5 units of three-bedroom units, with a maximum discount of 7%, discount The actual price is 3.068 million to 6.907 million yuan, and the average price per square foot is 14,398 yuan. The admission unit is Room 15 on the 1st floor of Block C, with an area of 221 square feet.

He pointed out that in the current phase of the project, the full discounted price of one-bedroom households is less than 5.29 million yuan, and the full discounted price of open-type households is less than 3.16 million yuan. In order to make it easy for passengers to buy a home, the down payment for the ready-to-buy and construction period payment is only 5% of the property price, and the developer also provides an 85% mortgage, and the mortgage interest for the first 36 months is P minus 2% (currently the actual interest rate). 3%), the interest rate from the 37th month to the 60th month is P minus 1%, and the interest rate for the whole period thereafter is P+1%.

Bu Shaoming, CEO of Midland Realty's Residential Department (Hong Kong and Macau), said that the average square foot price of the project's first price list is about 10% lower than the second-hand transaction square foot price in the area, reflecting that developers are now "seeking volume first and asking price later". ” strategy, it is expected that there will be room for price increase in future price orders.

Silver code fine material is popular with passengers

As for Centaline Property Asia Pacific Vice Chairman and President of the Residential Department Chen Yongjie, said that the project price is discounted to the market, and the silver code is a popular category for car passengers. The previous ONE INNOVALE-Archway has accumulated a large number of customers, and it is expected that the first batch of units will have a great chance of "Qingtai".

He believes that the negative news affecting the property market has been exhausted. As the government announced that the epidemic prevention measures will be further relaxed, it is expected to resume normal customs clearance by the end of the year, which is expected to attract investors to sneak into the market. It is expected that the number of investors in this issue will increase by 10% to 20% compared with ONE INNOVALE–Archway .

Disclaimer: All wordings and pictures which indicated 28HSE editor are the copyright of 28HSE LIMITED. Acknowledgement is required if other parts of this publication are used. The content is for reference only, does not constitute investment advice and it does not mean that 28HSE agreed the points. The area which show in the article is salable area if there is no special circumstances. The pictures is for reference also.

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