The first batch of 3.85 million admissions in New Panlang and Langxianya

28Hse Editor  2020-12-04 

The fourth wave of the epidemic in Hong Kong is raging, but it does not affect the progress of the developers to promote the real estate. Changsha Bay Xianya, jointly developed by Kaisa and Hongda Holdings, announced its first price list yesterday, involving 30 units, which is practical The area ranges from 212 to 294 square feet, with a 15% discount. The discounted price is less than 6 million yuan, and the discounted average price is 19,658 HKD per square foot. The admission unit is Room E on the 5th floor, with an area of 214 square feet, which is a discount of RMB 3,851,300 and a discounted price of RMB 17,997.

The demonstration unit opened today will be sold as soon as next week

Among the first 30 units of Xianya, there are 19 and 11 open-plan and one-bedroom units, with a saleable area ranging from 212 to 294 square feet. The project provides 3 payment methods, of which up to 15% discount is available within 120 days. The actual selling price ranges from RMB 3,851,300 to RMB 5,997,600, and the discounted price per square foot ranges from RMB 17,997 to RMB 21,109. The Xianya demonstration unit will be open to the public from today, and the sales arrangement will be announced in a short period of time. It is expected to be launched as soon as next week.

In addition, developers provide buyers with a one-click plan through designated financial institutions. The maximum mortgage ratios for Hong Kong permanent residents and Hong Kong non-permanent residents are 70% and 60% respectively. The plan period is up to 25 years and the interest rate for the first two years is P minus 2% (P=5.5%). During the period, the interest payment will not be the principal. The principal and interest will need to be repaid from the third year. At that time, the interest rate will be P plus 0.75%.

Longpo Mountain can go upstairs in the fastest month

As for SHKP Shatin’s luxury residence at Long Po Mountain (Phase 1 of Long Po Mountain) originally scheduled for sale this year, SHKP Deputy Managing Director Lei Ting said that Long Po Mountain has entered the final stage. There will be a chance to announce and open this month, and it is expected to go on sale next month. In other words, theThe launch time of the real estate has been delayed. Lei Ting explained that the project needs more time to prepare, so it is scheduled for sale next month.

He also pointed out that due to the impact of the epidemic, first-hand transactions this year have fallen by more than 20% year-on-year, but new luxury properties are not affected by the epidemic due to limited opening of existing buildings. Recently, vaccine news has appeared one after another, and it is expected that the property market price will increase significantly next year. SHKP Acting General Manager Hu Zhiyuan added that the standard apartment of Longpo Mountain is about 920 to 1,500 square feet, with three or four rooms.

The second round of this wood oversubscribed nearly ten times

In terms of other new properties, Henderson Jotun Benmu conducted the first round of sales last week. After the last group of units in this round was sold yesterday, all the first round of saleable units have been sold, cashing out about 690 million. The second round of sales will begin tonight, involving 32 units. The bidding closed yesterday. The news said that the cumulative receipt of 338 tickets was nearly 10 times the excess.

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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