Later students enter the imperial city. Xingtao sells 222 units on the first day

28Hse Editor  2020-11-02  #New Properties

New real estate continues to sell well. The Emperor Qingshan Bay, Tuen Mun, jointly developed by Hong Kong Ferry and Empire Group. Xingtao conducted the first round of sales of 248 units yesterday. According to news, 222 units were sold throughout the day, with a sales rate of nearly 90%. Some agents pointed out that due to the low entry threshold, more than 80% of customers are attracted to enter the market after 80 or 90. On the other hand, New World Boao Zhuang II announced its first price list last week, involving 337 units, and undertook the first round of strong sales. The news stated that as of 6 o'clock last night, more than 10,000 subscription registrations have been recorded, and the response continues to be satisfactory. ■reporter Yan Lunle

Emperor. Xingtao went on sale in the first round yesterday, involving 248 units, including 66 open-plan units, 133 units with 1 bedroom, 39 units with 2 bedrooms, 6 units with 3 bedrooms and 4 units with 4 bedrooms. The discounted average price per square foot is RMB 14,928, and the open-plan price starts from 298.84. From ten thousand yuan. 3,716 tickets were received before the project went on sale, 14 times over-registered. Due to the epidemic situation, the project was sold at different time intervals. The news stated that 222 units were sold throughout the day, accounting for nearly 90% of the first round of saleable units, and the total transaction volume exceeded 1.039 billion yuan.

Lin Damin: Deploy short-term extra push

The project is sold by Henderson Land, and Henderson Executive Director Sun Guolin was also present yesterday. Lin Damin, general manager of the business (1) department of Henderson Land Development, said that the sales of the project were satisfactory yesterday, and he actively deployed additional units to market in the short term.

Due to the small size of the project, many large-scale buyers are attracted to enter the market. Among them, the largest buyer bought two 2-bedroom units for RMB 12.13 million. The unit with the highest transaction price came from the 16th floor, 1-bedroom, 4-bedroom unit of Block 1, with an area of 996 square feet, priced at RMB 14,878,200 and RMB 14,938 per square foot. As for the transaction price per square foot, the most expensive unit is Unit 12 on the 18th floor of Tower 1, which is a 208-square-foot open-plan unit. The price per square foot is RMB 16,778, and the transaction price is RMB 3,489,800.

385 single-handed transactions over the weekend

Bu Shaoming, Chief Executive Officer of the Residential Department of Midland Realty, said that Emperor Yu. Xingtao has a low entry threshold. Buyers are dominated by young people. More than 80% of the buyers are in the 80s or 90s. The region is dominated by the New Territories, accounting for about 70%, and the investor ratio is about 30%. In the past weekend, the property market was dominated by one hand. Many new properties were sold in the market, with the exception of Imperial. Outside of Xing Tao, Saturday is the famous day of Jiudu Mountain in Cheung Shi Sha Tin. Jiudushan also started selling in the first round and sold 86 units. K. Wah International Kai Tak Jiafenghui also sold 44 units. Together with other sporadic end-of-stock transactions, the sales volume surpassed 385 units over the weekend.

Chen Yongjie, vice chairman and president of the residential division of Centaline Property Asia Pacific, said that there will be a number of new properties for sale in November, and 2,500 first-hand transactions are expected to be recorded. As long as the Hong Kong epidemic remains under control, property prices are expected to increase by 3% by the end of the year.

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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