2024-04-25 28Hse Editor
The stock market's upward trend in the Year of the Ox continued to trigger a wealth effect, and developers accelerated the pace of market launches. K. Wah International Sales and Marketing Director (Hong Kong Real Estate) Wen Weiming said that the group will sell four new properties in the Year of the Ox, providing a total of 4,609 units. Among them, the Jia Lam Border House project in Kowloon will take the lead in launching sales. As for the Kam Sheung Road project in Yuen Long and Phase 11 of Lohas Park in Tseung Kwan O, two major railway projects will be launched in the second half of the year. ●reporter Liang Yueqin and Li Zitian
Wen Weiming pointed out that the group sold more than 650 units last year and cashed in more than 7.2 billion yuan, mainly from Kai Tak Jiafenghui and Tai Po Pak Shek Kok Jiaxi. Among them, the previous day's original price of Jiafenghui added 103 units, the discounted average price is 25,189 yuan per square foot. 207 units will be put on sale this Thursday, of which 7 units will be tendered for sale. The market has sold 770 units and cashed in over 8.5 billion yuan.
Kam Sheung Road and Lohas Park will be launched in the second half of the year
The Group plans to launch four new properties this year. The first luxury residential project on Granville Road in Kowloon is expected to be available for sale in the first half of the year, providing 5 bungalows with an area of 4,000 square feet each. In addition, Southwest Kowloon GRAND VICTORIA Phase 1 (524 units), which cooperates with Wheelock and Sino Land, is expected to be available for sale soon after the pre-sale consent is approved.
Two railway projects will be launched in the second half of the year, including the Yuen Long Kam Sheung Road project (approximately 2,200 units) cooperating with Sino Land and China Overseas, and Tseung Kwan O Lohas Park Phase 11 cooperating with Sino Land, Kerry and China Merchants Land (About 1,880 units). He expects that under the low interest rate environment and global quantitative easing, the property market will develop steadily, with property prices rising by 5% this year.
Shang Yue. Tiancheng Bungalows or sale next week
On the other side, Lin Damin, general manager of the business (1) department of Henderson Property Agency, said that the second-hand bungalows were viewed during the Lunar New Year and the transaction volume was satisfactory. Yuen Long Shang Yue. The Tiancheng house project is expected to be open to the public this weekend. It is planned to launch a tender next week, but it does not rule out that it will be sold at a price list at that time. The price refers to the transaction price of the house in the New Territories.
Located at No. 8 Pingjianli, Shangyue. Tiancheng offers 16 bungalows, each of which is 3 stories high with a roof, and provides 3 bedrooms with 3 sets and 4 bedrooms with 4 sets of partitions, covering an area of 1,772 to 1,826 square feet, and each has a separate parking space with charging facilities. The building opened to the media for the first time yesterday with renovated bungalows, the No. 9 bungalow, with an area of 1,777 square feet, with a 510-square-foot garden, a 431-square-foot roof and a 137-square-foot front courtyard, and 3 bedrooms and 3 sets with a study partition.
As for Henderson Land's Mong Kok Leo Square. Xi An announced yesterday that it will sell 8 units this Friday, including 5 units of 1 bedroom units and 3 units of open houses. The price list is priced at 5.445 million to 7.007 million yuan, deducting a maximum 7% discount, and the discounted price is 5.0638 million to 6.5165 million yuan. The discounted price per square foot is 23,666 to 26,284 yuan.
GRANDE MONACO adds 50 units
Also in the Kowloon area, the Kai Tak Grande Monaco, a subsidiary of Wheelock Properties, launched an additional 50 units at the original price last night, covering one to four bedrooms, with an area ranging from 345 to 961 square feet, with an average price of RMB 31,018 per square foot, deducting a maximum 20.5% discount. The average price per square foot is RMB 24,661, which is a discount of RMB 8.346 million to RMB 25.015 million.
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