Fang Fei first launched 30 units and one room discounted 6.8 million admission

28Hse Editor  2021-07-23  #New Properties

(reporter Liang Yueqin) Hip Shing Hong Development's off-the-plan development period is about 14 months, Ho Man Tin, Shengli Road, Fang Fei yesterday announced the first price list of 30 units, the discounted average price per square foot is 26,139 yuan, compared with last month's neighboring promotion by Vanke Hong Kong Development The first price list of VAU Residence is about 18 months after sale and uncompleted. The average price per square foot of the VAU Residence is 24,519 yuan, which is about 6.6% higher. The 286-square-foot one-bedroom apartment is 6.8 million yuan. The developer also provides a 90% spare one-click for buyers who purchase units below 10 million yuan and an 85% one-click backup for purchasers of units above 10 million yuan.

The first 30 units of Fong Fei have a saleable area of 286 to 465 square feet, covering one-bedroom and two-bedroom households. The price list ranges from 7.556 million to 15.55 million yuan. After deducting the maximum 10% discount, the discounted price is 6.8 million to 13.55 million yuan. , The discounted price per square foot is 23,188 yuan to 29,140 yuan. Chen Wanxia, senior project manager of Hip Shing Development, described the first price list as an "extra-market price", which is attractive. The demonstration unit will be opened tomorrow, and the ticket collection will begin on the same day. The sales arrangement will be announced as soon as next week. The single market value is 300 million yuan.

Units below 10 million yuan provide 90% one

The developer provides Fang Fei with three payment methods. Among them, the maximum discount of the cash preferential payment plan (that is, payment) is 10%; the maximum discount of the construction period payment plan is 8%, and 10% of the property price is paid before the occupation; at the same time, to help the public get on the bus, A backup one-click loan payment plan is also provided, with a maximum discount of 9%. Units below 10 million can get a 90% one-off loan, and units of 10 million or more can get an 85% one-off loan. The loan period of this plan is up to 25 years. The interest rate for the first 36 months is calculated based on HSBC’s Hong Kong dollar prime rate minus 2.25%, and the interest rate for the 37th to 60th months is calculated based on the preferential interest rate; the subsequent whole period will be based on the preferential interest rate plus 1.5%. Fangfei is a single residential project, providing 71 units. The key date of the project is expected to be September 30, 2022.

Bu Shaoming, Chief Executive Officer of Midland Realty's Residential Department, said that Fang Fei’s offer is "off the market", which is expected to be popular with young customers and investors. After the completion of the project, it is estimated that the rent can be about 60 to 70 yuan per square foot, and the rental return is about 2.5% to 3%. , It is expected that investors will account for about 40%. Chen Yongjie, vice chairman and president of the residential department of Centaline Properties Asia Pacific, said that Fangfei’s first price list is similar to second-hand new properties in the same area, and is about 5% lower than similar first-hand goods in the area. It can be considered as a discounted market price and a discounted entry price. Starting from only 6.8 million yuan, some units have a discount of less than 10 million yuan. The "Lam Cheng Plan" can be used to undertake high-volume mortgages, which is attractive.

Wetland Seasons Bay Phase 1 will be launched next month

On the other side, SHKP Acting General Manager Hu Zhiyuan stated that the pre-sale consent form for the first phase of Wetland Seasons Bay in Tin Shui Wai was approved. The sales brochure is expected to be uploaded within two weeks, and the price will start in early August at the earliest.And on sale. The project provides 1,224 units, ranging from open-plan to four-bedroom households. Club Seasons by the Bay, Club Seasons by the Bay, has an indoor and outdoor area of more than 303,000 square feet with gardens. Facilities include indoor and outdoor swimming pools with children's splashing facilities and sky clubs.

Shouson Peak, Shouson Peak, priced at over 100,000 per square foot

As for second-hand luxury houses, they are now being sold at high prices. According to information from the Land Registry, house F at No. 19 Shouson Peak, Shouson Hill, South District, Hong Kong Island, was registered to be sold for 430 million yuan. The house has a saleable area of 4,237 square feet and a price of 101,486 yuan per square foot. It is a real estate regardless of the transaction price and the price per square foot. new highs. The data shows that the original owner bought the bungalow in 2017 for 376.88 billion yuan, and the book profit of holding the goods was 53.112 million yuan after changing hands for 4 years, a profit margin of about 14%. The registered buyer of the house is Zhang Ying, and the owner of house No. 19 E next door is also of the same name. It is believed that they are the same person. Since this time the property entered the market under the name of a non-first home buyer, a 15% stamp duty was required, involving a tax of 64.5 million yuan.

He Wentian Fangfei's first price list information

Number of units: 30 units

Usable area: 286 to 465 square feet

Maximum discount: 10%

Discounted average price per square foot: RMB 26,139

Discounted price: 6.8 million to 13.55 million yuan

Watchmaking: reporter Liang Yueqin

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.

Share by Facebook

Share by Whatsapp

Share by email