Most prosperous in half a year, 2500 cases this month

28Hse Editor  2021-05-17  #Transaction

Lee Ching Wan 23 sold 108 new properties, 1,500 transactions on the 16th

Tai Kok Tsui Lee Ching Wan 23, which is cooperating with the URA Group, launched 117 units for the first round of sales yesterday. About 108 units or 92% of the units were sold on the same day. The response was satisfactory. Due to the low entry fee of the project, buyers are mainly users and young passengers on the bus. Driven by Jinhuan and the opening of a number of new markets, this month's first-hand transactions were temporarily recorded at 1,500, a record high in the number of first-hand transactions in a single month in six months. It is expected that the number of transactions in the whole month will reach 2,500. reporter Yan Lunle

Liqingwan 23 had received 2,448 votes before, which was about 20 times the excess. The project went on sale yesterday morning. There were long queues at the scene, and at least a hundred people were there waiting for the building to be picked. The unit area of the real estate ranges from 276 to 466 square feet, open to two-bedrooms. After calculating the highest 16.5% discount, the lowest discounted price is about 4.653 million yuan, and the most expensive is 12.624 million yuan. It is a recent new development with a smaller silver size. Therefore, there is no shortage of young people in the prospective buyers. The discounted price per square foot of the whole lot is 16,859 to 27,426 yuan, and the average discounted price per square foot is 20,513 yuan.

Favorable: actively seek land to continue development

Huimin Huang, executive director of the Group, said that 60 units have been sold in the first two hours of the project. 108 units or about 92% of the units were eventually sold in the first round of sales. The group cashed in more than 700 million yuan. The group is extremely satisfied with the sales. As for the CEO of Midland Realty's residential department, Bu Shaoming, said that the low entry barrier for the market has attracted many young visitors born in the 80s and 90s. The attendance rate of the bank's customers is as high as 80%. He expects that the proportion of users of the market is about 70%, and the other three become investors.

Huang Huimin pointed out that more than 90% of the buyers are users and are optimistic about the future development of the property market. The group will actively look for high-quality land for continued development. As the new crown pneumonia epidemic improves, it will continue to consider participating in the Urban Renewal Authority cooperation projects or old building acquisition projects in the future. . Asked when the URA’s Tai Kok Tsui Oak Street/Ivy Street development project will close this Thursday, she said that the group had submitted an intention for the project earlier and would consider it for bidding.

Jinhuan sold 122 units on Saturday

In addition, the third round of sales at Wong Chuk Hang Station, Jinhuan, developed by Road King and MTR on Saturday, sold 122 units, accounting for more than 70% of the 168 units available for sale. In conclusion, in the past weekend, driven by Jinhuan and Liqingwan 23, a total of about 304 transactions were recorded in the first-hand market, and the above two transactions accounted for nearly 76% of the weekend's transactions.

Nearly 300 million sold houses in the southern district of Xindi

In addition to the two properties mentioned above, Shouson Peak, a luxury mansion in the southern district of SHKP, has launched tenders for houses 11B and 11G. House 11B was successfully sold with a transaction price of more than 295 million yuan, which is equivalent to 3,601 square feet in area. The price per square foot is about 82,000 yuan, which is the first single-handed transaction for the project in two years. Since the end of 2013, a total of 13 bungalows have been sold.

Chen Yongjie, vice chairman and president of the residential department of Centaline Property Asia Pacific, said that together with yesterday’s sales, the first-hand transaction in May will be temporary.1,500 cases were recorded, reflecting that under the control of the epidemic and the continued low interest rate environment, properties in Hong Kong will continue to be sought after. It is expected that the first-hand transaction will reach 2,500 cases throughout the month, a new six-month high.

Midland Realty Bu Shaoming also believes that a number of major markets have appeared one after another. It is estimated that the first-hand transaction volume will exceed 2,000 in the whole month, which is ideal for carrying on. He also believes that property prices continue to rise, and property prices are expected to break through from July to August.

THE HENLEY I received nearly 3,000 votes

In terms of other new developments, Lin Damin, general manager of the business (1) department of Henderson Land Development, said that in the second round of sales of THE HENLEY I in Kai Tak, a total of 2,986 registrations were recorded (intermediaries accounted for 35 votes), and the market responded enthusiastically.

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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