New home hottest Jiafenghui will sell 220 units on Saturday

28Hse Editor  2020-11-11  #New Properties

Developers are scrambling to release new real estate. K. Wah International's Kai Tak Kingsford Exchange yesterday launched 103 units, with a discounted average price of RMB 24,833 per square foot. Compared with the first price list of 208 units in November last year, the discounted average price of RMB 22,888 per square foot increased by about 8.5%, 287 square meters. The discounted entry price for a one-bedroom apartment is 7.064 million yuan, and the developer will sell 220 units this Saturday. Together with Tai Wai Station The Pavilia Chong II and Tuen Mun Castle Peak Bay Imperial. Including Xingtao, there will be a total of 686 units of three new properties for sale this weekend. ■reporter Liang Yueqin

K. Wah International Sales and Marketing Director (Hong Kong Real Estate) Wen Weiming said that the sales response of Kai Tak Kingsway after the launch of additional units at the end of last month was satisfactory. Yesterday, the original price was increased by 103 units, with a saleable area of 287 to 766 square feet, including 40 units. Low block, 63 high block, including 18 style one-bedroom, 10 one-bedroom, 54 two-bedroom and 21 three-bedroom households, after deducting the maximum 15% discount, the discounted average price per square foot is 24,833 yuan, a discount The price is from RMB 7.064,000 to RMB 21,979, which is 22,113 to RMB 28,693 per square foot.

The price per square foot is nearly 25,000, which is 8.5% expensive a year

Take the two adjacent units in Unit F on the 1st floor of Blocks 1A and 1B as an example. The saleable area is 287 square feet. The unit of Block 1A was launched in the first price list in November last year. The discounted price is 6,507,600. The price per square foot is 22,675 yuan, and the unit in Block 1B is a newly launched unit, with a discounted price of 7,063,500 HKD and a discounted price of 24,611 HKD per square foot. That is, similar goods sold at an expensive price of 555,900 HKD in one year, an increase of 8.5%.

Wen Weiming advises residential houses to reduce spicy

Wen Weiming pointed out that the project has sold 563 units in total, accounting for more than 80% of the available units, and cashed in over 60 billion yuan. He also said that the first phase of the Changsha Bay GRAND VICTORIA in cooperation with Wheelock and other companies is planned to be launched next month. Next year, the group will launch two large-scale buildings, including the Jinshang Road Station co-operated by Huoxin Zhi and China Overseas Holdings Limited. Phase 1 (2,200 units) and Phase 11 (1,800 units) of Lohas Park, which is a collaboration between Huoxinzhi and China Merchants Land.

Regarding market reports that the government may relax the double stamp duty on non-residential properties, Wen Weiming believes that the commercial and commercial market is sluggish, and the government’s reduction of spicy food to assist in the recovery is a good measure. However, since most of the assets of Hong Kong people are residential buildings, he suggested that the flat 30% tax rate for foreigners buying properties should be lowered to re-attract foreign capital to Hong Kong. At the same time, consider relaxing the tax rate for Hong Kong people buying a second residential unit.

Mingri•Jiudu Mountain Leigu 5 Bungalow

Huang Sicong, director of Cheung Kong Property Investment, said that Sha Tin Mingri. In addition to stratified outdoor, Jiudushan also has 22 bungalows with a saleable area of 891 to 926 square feet, all of which are three-bedroom units. As of yesterday, 5 units have been sold with the highest transaction price of 32,000 HKD per square foot. 2 of them were sold the day before. House No., with a saleable area of 914 square feet, was sold for 25.7 million HKD and 28,118 HKD per square foot. There are still 7 bungalows available for bidding. The 10 bungalows that have not yet been launched are expected to be put on sale in the middle of next year. The target price per square foot is expected to reach 35,000 to 40,000 yuan. There is at least 10% room for upward adjustment. The project has sold 102 units so far, accounting for about 40% of the total units.

Grand YOHO Phase 2 sells 13 units in one hour

In terms of new real estate transactions, SHKP's Yuen Long Grand YOHO Phase 2 launched an additional 122 units last week, 13 of which were on sale yesterday, and the developer carried out the building selection process at 5 pm yesterday. Market news pointed out that a total of 24 groups of prospective buyers came to the scene to compete for purchase, and all 13 units were sold in less than an hour. The property was announced last night and 13 units for sale this Saturday.

New World's Clear Water Bay Mount Pavilia, a subsidiary of New World, sold a garden duplex apartment in Block A, G5, with a saleable area of 3,192 sq. ft., a four-bedroom apartment with a 1,065 sq. ft. garden for RMB 81.09 million yesterday.

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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