2024-05-03 28Hse Editor
Rising inflation has led to continued capital inflows into the bricks and mortars, and many developers have taken advantage of the opportunity to sell new properties in their hands in an effort to absorb their purchasing power. China Overseas Development's Kai Tak Runway Zone Project Victoria Port No. 1 announced yesterday that it launched the No. 2 106 unit price list with an increase of 2% to 3%, with a discounted average price of 24,302 yuan per square foot, and a discounted entry price of 7.042 million yuan. 42 TUNG ST., a new property in Sheung Wan under The Development Studio (TDS), announced the first price list for 8 units, with a discounted average price of RMB 35,968 per square foot, and a discounted entry price of RMB 19.24 million. The project also launched a tender for 5 units. In addition, Jianhao Real Estate's new project in Jingxiu Lane, Tuen Mun, named Shanglan, is scheduled to go on sale next month as soon as possible. reporter Li Zitian
You Weiguang, Managing Director of China Overseas Land, said that the market has responded well to the project. In response to market demand, Kai Tak Victoria Harbor No. 1 announced the launch of the price list No. 2 with 106 units, accounting for 10% of all units in the project. Among them, it includes a 3-bedroom unit (with storage room and toilet) for the first time with a price list. The price list covers 39 units with 1 room, 59 units with 2 rooms and 8 units with 3 rooms. The saleable area of the unit ranges from 330 square feet to 765 square feet, and the price per square foot ranges from 24,089 to 30,488 yuan. Buyers can enjoy a discount of up to 13.5%. After deducting the relevant discounts, the discounted price has ranged from RMB 7,042,000 to RMB 19.031 million, and the discounted saleable area per square foot is RMB 20,834 to RMB 26,370. Excluding factors such as landscape and floors, the actual increase for some units is about 2% to 3%.
42 TUNG ST. announced the first price list and sales arrangement yesterday. The first batch of 8 units offers a maximum discount of 10%. The discounted average price per square foot is RMB 35,968. The first batch is distributed on the 6th to 12th and 15th floors, with units of 585 square meters. The price per square foot is 19.24 million to 22.75 million yuan, and the price per square foot ranges from 32,889 to 38,889 yuan. The flat is a 6-floor unit. The discounted entry price is 19.24 million yuan and the price per square foot is 32,889 yuan. The project launched a tender for 5 units, including 4 duplex units with an area of 1,157 square feet and a single-storey unit with a platform of 346 square feet. The tender was launched on August 1 this year.
Shanglan material will go on sale as soon as next month
In addition, Zheng Zhirong, manager of the investment department of Jianhao Real Estate Group, said that his new residential project is named "SkyeHi Shanglan". The project is located at No. 2 Jingxiu Lane, Tuen Mun. The property adopts a single-building design and provides a total of 112 units with only 1 bedroom. The unit type has a saleable area of 265 to 290 square feet. All the units are standard units and there are no special units. Cheng pointed out that the project brochure has been prepared to the end, and the pricing will refer to the price of one-hand, one-bedroom units in the same district. It is understood that the price of one-hand, one-bedroom units in Tuen Mun is about 20,000 to 21,000 yuan per square foot. The first price list will involve no less than 50 units. The demonstration unit of the project in Tsuen Wan will be opened shortly, and it is expected to go on sale next month as soon as possible. Cheng Chi-wing also stated that the same series of Kai Tak Tianhuan and Tai Po Wangshan still have a small number of units for sale, and the luxury residential project in Stanley in the southern district will be launched as existing buildings as soon as the first quarter of next year.
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