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Hong Kong Property Market - Yr.2020 Nov: Average price per sq feet $11873 2.93%   (last month:$11535)
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Emperor Yu. Jinwan epidemic city sprint fastest offer next week


Hong Kong Wenhui News (Reporter Liang Yueqin) The epidemic in Hong Kong rebounded, but developers took advantage of the market boom to accelerate the pace of real estate development. Just as Tea Green Ridge KOKO HILLS and Sunrise Cannes SEA TO SKY will face tomorrow (11th), Empire Group and Hong Kong Ferry will collaborate with No. 8 Qingshan Bay Section 1 of Qingshan Road, Tuen Mun Castle Peak Road. Jinwan has obtained the pre-sale consent for pre-sale. Lin Damin, general manager of Henderson Property Agency Sales (1), who is in charge of sales, said yesterday that the property will upload the sales brochure, offer prices and open demonstration units as soon as possible next week. For the first round of sales, the selling price refers to two new properties with more aggressive recent offers and the same type of quality buildings in the same district.

Lin Damin pointed out that Emperor Yu was developed in three phases, and the first phase was named Emperor Yu. Golden Bay, consisting of Blocks 3 and 5, provides 611 units, including open-plan, one-bedroom, one-and-a-half-bedroom, two-bedroom, two-bedroom and a half, and special units, with a practical area of 185 to 1,267 square feet. A 55,000-square-foot public garden and recreation area, and a 26,000-square-foot double-residential club providing luxury yacht club-level entertainment facilities. The key date of the project is April 30, 2022.

Opportunity to cooperate with international schools

He believes that the project is located in the center of the hub of the Greater Bay Area. In addition, there are many young people living in Tuen Mun, Yuen Long, and Tsuen Wan. With the project focusing on small and medium-sized units, it is expected to attract passengers and branch families in the area. After entering the market, it was revealed that the property had the opportunity to launch a cooperation plan with the neighboring Harrow International School.

Regarding the official implementation of the Hong Kong National Security Law, he pointed out that friends from the retail industry learned that after the implementation of the law, the society regained peace and had a positive factor in the business environment. The citizens have become comfortable and safe on the streets. I believe that the economic downturn has passed. He also believes that the price of first-hand real estate has changed in recent monthsIt is aggressive and sells well. Buyers generally think that buying a property is a reliable investment. Since the group’s Maanshan Yinghai series has been re-launched on May 11, about 37 units have been sold, cashing in about 1.2 billion yuan. I believe the epidemic rebound will affect the property market. Limited, it is estimated that property prices will be stable in the second half of the year.

KOKO HILLS overcharged by 6.5 times

On the other side, the first round of tea green KOKO HILLS will be sold tomorrow. Chen Huici, assistant general manager of the development association Defeng Real Estate, pointed out yesterday that the property has accumulated 1,200 votes, and the first batch of 160 people will be sold tomorrow. Subscribing to 6.5 times, the property was cut off today, and 5 units of four-room and platform special households will be launched for sale tomorrow. Huang Guangyao, executive director of Wheelock Properties, believes that the recent outbreak of the epidemic has little impact on project sales, and it is expected that there will be a great opportunity to increase the number of units.

Translated by 28Hse.com . All right reserved.