LP10 sells 144 units in a single day

28Hse Editor  2021-10-02  #New Properties

Xingkai·Tianan people watching the building scene "market area" waiting for half a minute in line

The National Day holiday is approaching, and the public's desire to buy property continues to be hot. Nan Fung partnered with MTR to cooperate with Tseung Kwan O Lohas Park LP10 for the fourth round of sales of 179 units yesterday. There was a long queue outside the sales office in the morning. The news stated that 144 units were sold yesterday. The sales rate exceeded 80%; together with other new properties, a total of 154 units were sold in Hong Kong. On the other side, Xingkai Embankment, a subsidiary of Zhongzhou Real Estate, which is close to the MTR Fo Tan Station, took the lead in opening a three-room show flat for some people to visit. The scene was very "market", and people surrounded the sales office of Jinli in Kowloon Bay. Feng International Center. Industry insiders estimate that there were two large stocks of over 1,000 units for sale this month, and it is believed that new market transactions could exceed 2,000 this month, an increase of about 20% on a month-to-month basis. reporter Liang Yueqin

The Lohas Park LP10, which has collected about 645 votes, sold 176 units yesterday and 3 units by tender, with a saleable area ranging from 634 to 1,523 square feet, including two-bedroom to four-bedroom units. At 9 o'clock yesterday morning, there were already approved buyers and real estate agents queuing outside the Kai Hui sales office in Kowloon Bay for registration. About 200 to 300 people queued to the car park of the building. The developer arranged for prospective buyers to arrive at the sales office in batches at 10 o'clock yesterday morning, and began sorting flats at 11 o'clock.

Bu Shaoming, chief executive of the residential department of Midland Realty, said that LP10's sale of units this time has a larger area, with users accounting for about 70%. Also, because of the high bank size of the units, young customers only account for about 30% to 40%. A customer spent about 28 million yuan to buy 2 units, including two-bedroom and three-bedroom. Chen Yongjie, vice chairman and president of the residential department of Centaline Property Asia-Pacific, said that the relaunch of the project is attractive, with a discount to the second-hand price of the same series. The first stage of the sale is also popular with high-rise four-bedroom households. According to market news, 144 units were sold yesterday, including 3 units sold through bidding, and 2 units were sold, including Unit A on the 38th floor and 39th floor of Block 2A, with an area of 1,521 sq. ft., four bedrooms and two sets with multi-purpose suite partitions.

KOKO HILLS will sell 100 units next Sunday

On the other side, Wheelock Properties' general manager (business development) Yang Weiming said that Lantian KOKO HILLS has added 42 units, with a discounted average price of RMB 22,131 per square foot. The saleable area of this batch of units is 370 to 737 square feet, and the unit types include one-bedroom to three-bedroom, deducting a maximum of 21.5% discount, the discounted price is 8.285 million to 17.097 million yuan. Wong Kwong Yew, managing director of Wheelock Properties, pointed out that KOKO HILLS is an increase in the original price, taking into account floor and landscape factors. 100 units will be available for sale on the 10th of this month, including 85 units for sale in the form of price lists and 15 units for sale through bidding, including one-bedroom to four-bedroom units, with a saleable area of 366 to 770 square feet, which is a discount of 7.942 million. To 17.508,000 yuan, the discounted average price per square foot is 21,393 yuan, and the discounted market value is about 852 million yuan.

He said that 161 units were sold in total, and the cash was about 1.92 billion yuan.The average transaction price per square foot was about RMB 21,700, and the source of customers was mainly exchanges. Regarding the KOKO RESERVE Phase 2 of the project, he pointed out that the first experience day of the project was held yesterday, and about 2,000 visitors were recorded. All the units of the project tend to be sold through bidding.

Xingkai Embankment will offer the first batch of at least 267 units at the beginning of next week

In addition, Fotan Xingkai, a subsidiary of Zhongzhou Real Estate, took the lead yesterday to open a three-bedroom show flat to subscribe for new properties this year. The scene was very "market". The sales plant in the Kingston International Center in Kowloon Bay was occupied yesterday morning. There was a surge, crowding visitors and agents. The line of people extends from the commercial building to the outdoors. According to the agent, visitors during peak periods need to wait for about half an hour before they can visit the show flats.

Yang Congyong, director of marketing planning of Zhongzhou Real Estate, said that as of 2 pm yesterday, the sales office had been open for just 3 hours, and more than 3,800 visits had been recorded, and about 10,000 visits were recorded on the first day. The sales office was crowded with people and the atmosphere was lively. , Reflecting the strong market demand for quality properties along the railway. Although there are many visitors, the overall inspection process is smooth. The waiting time is about 25 to 35 minutes, with an average of about 30 minutes. Xingkai Embankment will announce the first price list as early as early next week. The first batch of units shall be no less than 267 units, mainly covering one-bedroom to three-bedroom units. The project provides 1,335 units, and the key date is expected to be March 31, 2023.

The two major markets shook up 2,000 transactions this month

Chen Yongjie pointed out that in September, affected by the stock market volatility, second-hand transactions were quieter than before. The only one-hand transaction was due to the launch of a number of large-scale new markets, which performed well. In September, the number of first-hand transactions exceeded 1,700, which was 40% more than the previous month. The new year's policy address will be announced next week. He expects that the policy address will focus on solving long-term land supply and public housing waiting time issues. It will have little shock to the short-term property market. There will be a number of first-hand new projects launched in October, and the first-hand transaction is expected. Up to 2,000 to 2,500 cases. The property market in the fourth quarter is expected to maintain a steady upward trend, and the Central Plains City Leading Index CCL has a chance to break through 200 points at the end of the year. Bu Shaoming said that there were two large markets with more than 1,000 units this month, and it is believed that the new market transactions could exceed 2,000.

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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