2024-04-19 28Hse Editor
The Kowloon area has set off a battle for new real estate, and the economic performance has been hit hard by the epidemic, which has caused developers to restrain their prices. Benmu, 2 Tak Shing Street, Tsim Sha Tsui, a subsidiary of Henderson Land, announced the first price list for 50 units yesterday. The discounted average price per square foot is 23,928 yuan, and the lowest price per square foot is 21,975 yuan, which is a 15% discount to the second-hand new housing estates in the same district. , 256-square-foot open-end admission is 5.748 million yuan. On the other side, Yau Tong Azure East Bank, a subsidiary of Minmetals Real Estate, uploaded a sales brochure yesterday and plans to offer prices today. SHKP partnership with MTR Nanchang Station, Cullinan III will also launch an additional 217 units today, including open to three-bedroom households. ■reporter Liang Yueqin
Han Jiahui, general manager of the business (2) department of Henderson Property Agency, said that the asking price of Tsim Sha Tsui Benmu is close to the market price. The asking price refers to the first and second-hand buildings in Tsim Sha Tsui and Austin Station. The first batch of units is 2% to 3% discount to the market price. The unit has room for price increase. The building will open to the public as a demonstration unit today. Tickets will be collected this Saturday and will be available for sale next weekend as soon as possible.
Up to 85% for half a year for off-plan
The price list shows that Benmu’s first price list has 50 units, including open-plan to three-bedroom households, with a discount of up to 1%. The discount is about 5.74 million to 21.39 million yuan, and the discount is 21,755 to 28,456 HKD per square foot.
Since the uncompleted construction period is only half a year, this time the developer only offers two construction payment plans, including the "Super Easy" construction payment plan (1% discount), a 10% down payment before occupancy, and the "Super Easy" construction payment discount Mortgage plan (according to the fixed price), 10% down payment before the occupation.
Developers provide up to 85% single mortgage or 30% second mortgage at the time of occupancy. The interest rate of 85% single mortgage is P-2% for the first 36 months, and P-1% for the 37th to 60th months; P+1% for the whole period.
Chen Yongjie, vice chairman and president of the residential department of Centaline Property Asia Pacific, said that the entrance fee for the first 50 units of Benmu starts at 5.74 million yuan, and the minimum price per square foot is lower to 21,975 yuan, which is a 15% discount to neighboring new second-hand housing estates. Even if compared with the 30-year-old second-hand housing estates nearby, there is still a certain discount, and the average price per square foot is similar to that of the new properties in Mong Kok in May. I believe the response to the votes has been quite enthusiastic.
A wide range of customers are expected to be enthusiastic
He also pointed out that due to the lack of new supply in the same area for many years, and the project has an ultra-short off-the-plan, almost existing building, it is also located in a network of 31 schools, with diversified spacing, which can attract different sources of customers. Refer to the rent in the same area and estimate the project The lease is 60 to 70 HKD per square foot, with a return of about 3%.
Bu Shaoming, Chief Executive Officer of Midland Realty's Residential Department, said that the price of Benmu is quite attractive, with a discount of more than 10% compared to newer buildings in the same district. It is believed that it will attract car passengers, office workers and long-term investors. Given that there is a discount on property prices, there will be room for a good price increase when the project is launched. Due to the convenient transportation of Benmu, in addition to users, it will also attract investors. Based on the rent of 65 HKD per square foot, the rental return is expected to exceed 3%.
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