The most expensive Royal Bay II, Tuen Mun, is priced at 18,400,299 square feet, and a room is 5.67 million yuan per square foot

28Hse Editor  2021-04-16  #New Properties

Although the government does not rule out the re-introduction of the "first-hand property vacancy tax", it is hoped that the new crown pneumonia vaccination in Hong Kong will benefit customs clearance and economic recovery. Developers are still very aggressive in asking prices. Sun Hung Kai Properties' off-plan, only about two months, the Royal Bay II, Hoi Wong Road, Tuen Mun, yesterday announced the first price list for 88 units. After deducting up to 22% discount, the discounted average price per square foot is RMB 18,419, compared to the last July Royal Bay. The first price list discounted to an average price of RMB 17,377 per square foot is 6% more expensive than the opening price of the new Tuen Mun market. A discount of 5.678 million yuan for a 299-square-foot one-bedroom household. reporter Liang Yueqin

SHKP agency business general manager Zhang Zhuo Xiumin described that the first batch of 88 units of Royal Bay II was offered at a "bright sea view" price. All units facing the south in this phase can enjoy sea views. The price has been referred to the average transaction price per square foot of the first phase of the project over 18,600 yuan. , Emphasizing that it was launched at the original price, and will be collected from tomorrow and open to the public as a demonstration unit. In the future, there is room for a certain price increase for additional units.

The first price list for 88 units can be selected at 75% per click

The first price list of Royal Bay II is 88 units. The unit types include 23 units of one bedroom (299 sq. ft.), 21 units of one bedroom with storage room (area of 343 sq. ft.), and 44 units of two bedrooms (area 419 to 433 sq. ft.) ), the price list is priced from RMB 7,279,500 to RMB 10.04,700. The developer provides 3 payment methods, with a maximum discount of 22% for 60-day payment, with a discount of 5.678 million to 8.271 million yuan. 90-day and 360-day payment methods are also provided, with maximum discounts of 19% and 17%, and 75% one-click option is available. The first batch of 88 units has a discounted market value of more than 600 million yuan.

Chen Yongjie, vice chairman and president of the residential department of Centaline Property Asia Pacific, believes that the landscape of Royal Bay II is better than that of Phase I. The first price list is actually the same as the price of the first phase in July last year, while the CCL has risen by nearly 3% during the same period. There is a 3% discount for the units in the previous period. If it is a 5% discount to the cost of a sea-view unit built on the Century Gateway in Tuen Mun Station, the price is similar to the second-hand price per square foot of the newly-occupied cities and points in the area. The offer price is really "stable." Array price".

Bu Shaoming, Chief Executive Officer of Midland Realty's Residential Department, pointed out that the average price per square foot of Tuen Mun Royal Mid-Levels and Royal Bay I was about 19,000 to 20,000 yuan per square foot. This time, the average price per square foot of the first batch of Royal Bay II units was more than 18,000 yuan. The sea view is more open than the first phase, which is expected to attract users and investors to the market. After the completion of the project, the rent is expected to exceed RMB 40, with a return rate of nearly 3%.

According to the information, SHKP acquired the Royal Bay commercial and residential land for 1.319 billion yuan in June 2015. The land price per square foot is 3,720 yuan. The project site area is about 52,000 square feet, and the commercial and residential floor area is about 354,000 square feet. Feet. Xindi has stated that the total investment in the project is about 3 billion yuan.

NAPA special household price 15968 yuan per square foot

In terms of other new property transactions, NAPA, So Kwun Wat, Tuen Mun, a subsidiary of Wheelock Properties, sold Unit F on the 10th floor of Block 6, with a unit area of 47, for over 7.569 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.

Share by Facebook

Share by Whatsapp

Share by email