Peak house monthly rent of 1.6 million breaks the top

28Hse Editor  2021-05-13  #Transaction

Since the beginning of this year, the transaction of super-luxury properties has continued to boom, driving rents to be sold at high prices. There is a rumor in the market that the house at 73 Mount Kellett Road on the Peak was rented out at a monthly rent of 1.6 million yuan, with a rent of 228 yuan per square foot, setting a new record for residential rents in Hong Kong.

The bungalow at No. 73 Mount Garrett Road on the Peak has a saleable area of about 7,022 square feet. It is a five-bedroom apartment with a private elevator and a garden area of about 7,000 square feet. It has a sea view of the southern district. In fact, the Peak has recorded many large-scale rental transactions since the beginning of this year. Among them, Wharf’s No. 1 house at 11 PLANTATION ROAD, Peak Plantation Road, owned by Wharf, has a saleable area of 10,804 square feet and was rented out at a monthly rent of 1.35 million yuan in March. At that time, it set a record for the most expensive monthly rent in Hong Kong, with a rent of $125 per square foot.

Jinhuan top floor with rooftop households to be launched next week

On the other side, Road King Real Estate cooperates with Ping An Real Estate and the MTR Wong Chuk Hang Station on the south coast of Hong Kong Island. Jinhuan will sell the third round of 160 units this Saturday. The tender will be launched simultaneously for 4 duplex units and 4 four-bedroom units. Next Monday Tender closure. Feng Hailun, Director of Sales and Marketing of Road King Real Estate, said that the first batch of 4 duplex units with a saleable area of 1,292 square feet, with a view of the Shenzhen Bay Yacht Club, a four-bedroom suite, with entry points downstairs and upstairs. , Suitable for three generations to live in the same house, and 160 units will be sold this Saturday, with a market value of about 3.7 billion yuan.

Lee Sunny Bay on sale on 23rd Sunday

She pointed out that there are also customers who inquire about Jinhuan's top-level rooftop and platform characteristic households. Such units will be added as soon as next week. They may have the opportunity to challenge the project's new high prices. A total of 433 units were sold in the market, cashing in nearly 9.4 billion yuan, with an average transaction price of 32,931 yuan per square foot. A total of 258 units in the project selected ALEA kitchen cabinets from Poliform, Italy, including some three- and four-bedroom and high-rise duplex units.

The first round of 117 units will be sold on Sunday (16th). Each buyer can purchase up to two units, and the ticket will be cut off tomorrow. The plate has received about 2,000 votes since the ticket collection last Thursday, and the discounted average price per square foot of the 117 units is about 18,900 to 22,400 yuan.

Kai Tak OASIS KAI TAK, a subsidiary of Wheelock Properties, sold a unit from the ground floor to the 1st floor of Block C, Low Block, for RMB 49,666,000. The price is RMB 34,300 per square foot. The unit is a duplex with a garden and features a four-bedroom apartment with a working room and a bathroom. It has 1,448 square feet of saleable area and 330 square feet of garden. The unit is equipped with luxurious decoration and furniture, and it has an open view of Kai Tak River.

Sino Land's Ma On Shan SILVERSANDS sold Unit F on the 9th floor of Block 5B for RMB 73.18 million, with a saleable area of 304 square feet, including a rooftop of 232 square feet, and a price of RMB 24,072 per square foot, setting a new high for a one-bedroom apartment with rooftop. Vanke Hong Kong's Cheung Sha Wan The Campton sold the 30th floor F unit for 11.422 million yuan, with a saleable area of 553 square feet and a price of 20,655 yuan per square foot.

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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