SHKP sells new homes in Tin Shui Wai in August as soon as possible

28Hse Editor  2021-07-28  #New Properties

Hong Kong stocks have fallen by more than 3,200 points since the start of July. Investors panic about asset devaluation. Funds continue to invest in bricks. Developers have accelerated their deployment. SHKP announced yesterday the layout of the first phase of the Wetland Seasons Bay residential project in Tin Shui Wai Wetland Park, including open-plan apartments that have never appeared in the same Wetland Seasons Park. The project brochure will be uploaded within one or two weeks, and the demonstration units will be open for sale in early August at the earliest.

Upload the floor book within a week as soon as possible

SHKP Acting General Manager Hu Zhiyuan said that Phase 1 of the project will provide a total of 6 residential buildings and 10 villas. The standard units of the building include open-plan units that were not previously provided by the same family Wetland Seasons Park. Units range from open-plan to 4-room partitions, with an area ranging from about 270 to 800 square feet. The current preparations are progressing in line with expectations. The building brochure will be uploaded within one or two weeks at the earliest, and the demonstration unit will be opened and the price will be opened in early August.

Hu added that the project focuses on small units with less than 2 bedrooms, accounting for more than 70% of the units, but the open-plan units are only less than 20 units. He also mentioned that the project also includes characteristic units with an area of more than 800 square feet. Details will be announced later.

As for Hip Shing Hong He Mantian Fangfei announced yesterday that 10 units will be selected from the 30 units in the announced No. 1 price list, and the first round of sale will be finalized this weekend (31st), and the ticket cutoff will be at 3 pm this Friday.

He Wentian Fangfei sells 10 units on Saturday

Chen Wanxia, senior project manager of Hip Shing Hong Development, said that the ticket collection of the project is satisfactory. The units will be available for sale this weekend, including 5 units of one room and 5 units of two rooms, with an area of 286 to 465 square feet, a discount of 6.8 million to 12.29 million. , The discounted price per square foot is 23,188 to 26,430 yuan, and will be considered depending on the sales situation.

In terms of luxury properties, the Tuen Mun Tai Lam project under the Emperor International's existing buildings, along the sea, has 8 houses with an area of 3,290 to 4,858 square feet, with 4 bedrooms and 3 sets to 5 bedrooms and 5 sets. The company’s executive director Zhang Bingqiang said that the bidding for houses No. 2 and No. 3 was launched earlier, of which No. 3 house was sold at the beginning of July for 130.8 million yuan, with an area of 4,135 square feet and a price of 31,600 yuan per square foot. The remaining 7 bungalows will be subject to market response, and then bidding will be deployed.

Zhang Bingqiang also pointed out that his bungalow project at No. 15 Shouson Hill Road West has achieved satisfactory results and is expected to be launched in the fourth quarter. In addition, today the group will conduct a forced auction of Chung Qi Building on Nan'an Street in Shau Kei Wan. The site area is about 6,000 square feet. It is expected to be used for residential or mixed commercial and residential purposes.

LP6 hits a new high in Cannes price per square foot this year

On the other hand, Nan Fung Group developed Tseung Kwan O Lohas Park LP6 through tender and sold Unit A on the 67th floor of Tower 1, with a unit area of 2,555 square feet. The transaction price was about 54.42 million yuan and the price per square foot was about 21,300 yuan. The price per square foot of the strata has reached a new high. As for Hong Kong Industrial, it also stated that the unique Tianchi unit in Discovery Bay, Lantau Island, was sold for 45.58 million yuan, and the transaction price reached a new high for the project. The unit is Unit B on the 18th floor of Block 8, with an area of 1,609 square feet, and a 1,793 square foot platform including a swimming pool. It is a 4-bedroom with 2 compartments.

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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