Jinhuan takes the victory and pushes 180 units to sell on weekends

28Hse Editor  2021-05-03  #New Properties

The new market is rushing to get out of the gate, THE HENLEY I research increases and pushes

Wong Chuk Hang Jinhuan opened the first round of selling 240 units and sold out all of them on the same day, pushing up the first-hand turnover of 453 units in the past weekend, becoming the most prosperous in the past three months, stimulating the full launch of the new market, and many new properties are borrowed. Vote for more units. Jinhuan added 180 units to the original price yesterday, and the discounted average price is about 33,000 yuan per square foot. It will be sold in the second round as soon as this weekend; other new properties such as Mong Kok Qianwang and ONE SOHO also added 30 units and 33 units respectively, and increased their prices. 1% and 2%. Another eye-catching new market, THE HENLEY I, Kai Tak, also pointed out that it would not rule out additional pushes, and even threatened that there is room for price increases. reporter Yan Lunle

The first phase of Jinhuan on the South Coast of Hong Kong Island launched the first batch of 240 units for public sale last Saturday and sold them all, with more than 4.6 billion yuan in cash, and the average transaction price per square foot of the units sold was 31,134 yuan. Feng Hailun, Sales and Marketing Director of Road King Real Estate, said that in the first round of sales, the proportion of large-scale buyers exceeded 65%, involving 161 units, and the large three-bedroom units were the first to be sold out, reflecting the large number of investors and changers. A group of units also increased the proportion of 3-room households.

The average price per square foot of 180 units will be increased by 4.6%

It is understood that Jinhuan’s new price list involves 180 units, with a saleable area ranging from 383 to 921 sq. ft., mainly with 3 bedrooms, covering 28 1-bedroom units, 55 2-bedroom units and 87 3-bedroom units, with another 10 units. It is the first time to launch special units connected to the platform (approximately 6%). After the additional promotion of maintaining the maximum discount of 18%, the discounted price has increased from RMB 11.718 million to RMB 34.329 million, and the discounted price per square foot is RMB 29,036 to RMB 38,922.

It is worth noting that the discounted average price per square foot of the No. 3 price list is RMB 33,103, which is about 4.6% higher than the discounted average price per square foot of the No. 2 price list of approximately RMB 31,652, and higher than the first price list of RMB 29,689 per square foot. About 11.5%. However, Feng Hailun said that the increase mainly reflects factors such as landscape and location, emphasizing that the new batch of units is an increase in the original price and will be released this weekend as soon as possible. In addition, the tender of 10 4-bedroom units in the market will be closed today.

In fact, the developer mentioned yesterday that the average transaction price of Jinhuan was close to 20 million yuan. It can be seen from the sales situation that after the epidemic eased, Hong Kong's luxury homes were able to take over. Among them, 90 Repulse Bay Road has just completed the sale of the No. 10 mansion in the form of tender. It has a saleable area of 5,630 square feet. It also has a 250-foot garden and a 947-foot roof with a view of Repulse Bay. yuan. The buyer is a Hong Kong merchant.

Mong Kok Thousand Hope adds 30 additional 4.3 million admissions

In addition to Jinhuan, Mong Kok Qianwang, developed by Sino-Ocean Development, has also launched the No. 2 price list for a total of 30 units, with a saleable area of 172 to 318 square feet. After deducting a discount of 15%, the discounted price is 4.3095 million to 743375 million, which is a discount. Price per sq. ft. from RMB 22,485 to RMB 25,302, The discounted average price per square foot is 23,377 yuan, which is about 1% more than the first price list. It has a chance to be on sale this weekend. To date, Qianwang has received 130 subscription registrations. Based on the 60 units in the first 2 price lists, the oversubscription is nearly 1.2 times.

In addition, ONE SOHO in Mong Kok, developed by Sino Land and Chuang Shi Institution, has sold 168 units in the first round a few days ago, and 121 units were also sold on the same day, accounting for 72% of the available for sale. The developer added 33 units today, with an average discount of 24,020 yuan per square foot, with an increase of 2%. The second round of sales will be held this Thursday. Due to the launch of Jinhuan and ONE SOHO, the weekend's first-hand transaction volume increased by about 453, which was the most prosperous weekend in the past three months. Among them, Jinhuan and ONE SOHO sold a total of 363 units, accounting for about 80%.

Kai Tak THE HENLEY I overbuyed over 6 times

And Lin Damin, general manager of Henderson's agency business (1) department, said that the HENLEY I in Kai Tak has recorded about 1,137 registrations in three days, oversubscribed by more than 6 times. It does not rule out the addition of the promotion order No. 3 to the market in the short term. There will be room for price increase in the price list. The project had its first road show in Sha Tin yesterday, and recorded about 5,000 visitors on the 2nd.

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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