Earlier this month, Prince Central Ho Man Tin, a subsidiary of Sun Hung Kai Properties, announced the launch of the first batch of 50 units at a discounted average price of RMB 29,688 per square foot. The sales arrangement was not announced, and it was reported that the sales would be suspended on the same day. According to the news, SHKP is optimistic about the market outlook and temporarily closed the project. All ticket holders can apply for refunds today, and the show flat in the Global Trade Plaza at Kowloon Station will be closed tomorrow.
Thunder: later on sale in existing buildings
In response to enquiries, Lei Ting, deputy managing director of SHKP, said that after the opening of the project demonstration unit, the market has responded well and has recorded oversubscription. Since the project will obtain an occupation permit in the short term, many interested buyers hope to inspect the existing building, so they decided to sell the existing building later. According to the sales brochure, the project is expected to be occupied in March next year.
Longpo Mountain may upload a book next week
SHKP also quickly changed its pace and launched Phase 1 Long Po Hill, To Shek Street, Sha Tin. SHKP Acting General Manager Hu Zhiyuan stated that the sales brochure for Phase 1 of Long Po Mountain, Duo Shek Street, Sha Tin, will be uploaded as soon as next week, and a sales entrustment has been issued to the designated real estate agency. The demonstration unit is still in preparation and is expected to open in April. Demonstration unit and on sale.
Hu Zhiyuan pointed out that the club Michel of Longpo Mountain residents’ club has a garden area of approximately 50,000 square feet, of which nearly 30,000 square feet is an outdoor green garden area. The entire clubhouse is designed by the Japanese interior design firm Strickland and provides an indoor heated swimming pool. Banquet hall, indoor sports field, fitness room, indoor and outdoor children's playground and outdoor theater, etc.
In terms of other developers, Henderson Land's subsidiary Shangyue Tiancheng, Tangren New Village, Yuen Long, has launched bidding for three additional houses, namely houses Nos. 5, 15 and 16, which will be closed daily starting this Saturday.
Nanwan specialty households per square foot see 30531 yuan
As for the first-hand transaction, SHKP and Kerry and other cooperative development of Ap Lei Chau South Bay launched a tender earlier on the 38th and 39th floor duplex characteristic units of Block 6, which were sold for 43.66 million yuan, based on a unit area of 1,430 square feet. The price is RMB 30,531, with a 119-square-foot platform and a 268-square-foot rooftop. The transaction record book shows that the buyer has a transaction period of 90 days and can receive free furniture.
On the other side, Lemon International and Chun Wo Development Co., Ltd. He Wentian 128 WATERLOO received a buyer's investment of RMB 14.026 million to purchase a two-bedroom unit with storage room with an area of 579 square feet and a price of RMB 24,225 per square foot. Su Songhao, Sales and Marketing Director of Topspot International Group, said that the buyers are branch families in the same district and love the traditional luxury estates in Kowloon. Their favorite projects are stylish design and top materials, plus the neighboring prestigious campuses, they are suitable for investment and self-occupation.
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