Victoria Harbour 1 will sell 286 units in the second round on Saturday

28Hse Editor  2021-07-07  #New Properties

The sales of the new listings are improving, and the developers are actively pushing units to respond to the market. China Overseas’s Kai Tak Runway Recreation Area, Victoria Harbour 1, added 148 units yesterday, with a discounted average price of RMB 28,103 per square foot, which is a 4.8% and 22.3% increase from the previous and the first price list announced on the 24th of last month. However, the developer emphasized that most of the current batch is mid-to-high-rise units and high-quality landscape units. Compared with the previous price list, it is an increase of the original price. The 332 square foot discounted entry is 8.628 million yuan, and the second round of sales will be carried out this Saturday. Partner.

You Weiguang, the managing director of China Overseas Land Limited, said that since the launch of Victoria Harbour 1, the market has continued to react strongly. Yesterday, 148 units were added to the price list No. 5, covering a total of 22 one-bedroom units and a total of 58 two-bedroom units. There are 68 three-bedroom and three-bedroom units with a saleable area of 332 to 766 square feet. Buyers can maintain a maximum discount of 13.5%. The discounted price is 8.628 million to 23.57 million, and the discounted price is 23,756 to 30,7704 per square foot. yuan. Most of the units launched this time are mid-to-high-rise units and high-quality landscape units. Excluding floor and landscape factors, the comparison price list No. 4 is an increase of the original price. The developer has decided to sell 286 units in the second round this Saturday, and the ticket will be cut off tomorrow, and continue to arrange the large-scale A group and individual B group. Group A customers can buy a maximum of 5 units, including at least one selected unit of 598 square feet or more, but cannot buy more than one A2 unit; group B customers can buy a maximum of 2 units.

Tuen Mun Bungalow launches the first bid for 2 bungalows

On the other side, Tuen Mun Pan Hai, a subsidiary of Emperor International, also announced that it will launch the first two bungalows tenders this Saturday, which will be tendered for 2 hours a day until July 31. The 2 houses are House No. 2 and House No. 3 respectively. House No. 2 has a saleable area of 4,213 square feet, with a roof of 884 square feet and a garden of 457 square feet; House No. 3 has a saleable area of 4,135 square feet with a roof of 896 square feet and 521 square feet garden.

The Development Studio founded by Jian Jifu, 42 TUNG ST. Sheung Wan East Street, announced that it will sell 4 units in the first round of sale this Friday, including single-storey units on the 6th floor, single-storey units on the 7th floor, single-storey units on the 10th floor and single-storey units on the 11th floor. The saleable area of the unit is 585 square feet, deducting the maximum 10% discount, the discounted price is 19,420,200 yuan to 21.765 million yuan, and the discounted price is 32,890 to 37,204 yuan per square foot. For this sale, priority is given to big hands. Group A must purchase at least 2 units.

New sales are booming and goods are off 6.7% in the last month

Due to the ideal sales in the new market in June and the absorption of many stock units by the market, the cumulative stock volume was further reduced. According to data from Midland Real Estate and Research Center, the cumulative inventory (including uncompleted and existing buildings) recorded approximately 10,859 units in June, a decrease of approximately 6.7% from the approximately 11,634 units in May and a record since August 2019 22-month low.

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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