Boao Village I sold 391 units in two days

28Hse Editor  2020-10-19  #New Properties

The first round of the two-day first-round sale of the Tai Wai station superstructure project Bo Aozhuang I, which arbitrarily collected 22,700 votes, ended yesterday. Following Saturday’s large-scale buyers’ selection of flats, yesterday’s selection of flats for the general buyer group involved 159 units for sale. As of 6pm last night, all units have been selected. In other words, the first round of 391 units of the project launched quickly within two days. Selling clear, a total of more than 4.27 billion HKD in cash. The developer stated that it will actively study with partners and plan to add units to the market as soon as possible.

Cash out over 4.27 billion HKD in the first round

Boao Zhuang I is a new real estate jointly developed by New World Development and MTR. It is reported that the largest purchaser this round has purchased 4 units of 3-bedroom units, involving an investment of 57.488 million yuan. Wong Ho-yin, Director of Sales and Marketing Department of New World Development, said yesterday that real estate buyers are user-led. He noticed that there were many cases where parents helped their children get in the car. There were also many cases where entire families entered the market and planned to live together in the future. He described the project as "a real estate for a kind father and a mother". He also said that this time the guest attendance rate is very high, about 90%, of which 2 bedrooms are the most popular, and it is estimated that about 80 buyers of the project are users and two are investors.

In addition, the developer stated that the exhibition hall and show unit of the building in Discovery Park were temporarily closed today (19th) for comprehensive cleaning and disinfection.

Agent material brings prosperous first-hand market

Bu Shaoming, Chief Executive Officer of Midland Realty's Residential Department, said that the first round of Pioneering I’s sale was overwhelming, showing strong user demand. Yesterday, users accounted for about 70% of the bank’s customer source and the attendance rate of the top 500 guests About 90%, of which guests from the New Territories account for about 60%. In addition, he continued that there are no shortage of young users in the project, accounting for about 50%. Due to the overwhelming response this time, the project is expected to increase in price. For the outlook,He expects that, driven by the booming atmosphere of new real estate, developers in the fourth quarter will push real estate in a "retaliatory" style. It is expected that 10,000 new real estates are expected to be marketed, which will stimulate the overall property market transaction, and second-hand property prices are expected to record contracts. 3% to 5% increase.

Chen Yongjie, vice chairman and president of the residential department of Centaline Real Estate Asia Pacific, also pointed out that the bank’s group B buyer attendance rate reached 80%, which is a new high in recent years. With the third wave of epidemic easing, October is expected to be like May, which is the second wave. Declining, the property market rebounded again.

Kingsford Plaza II record transaction

In terms of other new real estate news, driven by the sales of Pavillion, a number of new real estate sales were also recorded. As of 6 o’clock last night, according to market news, Kai Tak Grand Place recorded 4 transactions, Tuen Mun Royal Mid-Levels II Three deals were recorded.

On the other hand, EIGHT KWAI FONG HAPPY VALLEY, a stand-alone project in Happy Valley developed by Far China Group, was reported by the market yesterday that the number of visitors from Piao Ao Zhuang I was recorded yesterday and turned to visit the demonstration unit of the project. And consider the ticket subscription. It is reported that the developer is preparing to launch additional units as soon as possible today (19th), hoping to sell them within this week.

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.

Share by Facebook

Share by Whatsapp

Share by email