The first "North Capital" concept disk 3.45 million admission flood bridge #LYOS feet see 15.5 million open visit today

28Hse Editor  2021-10-29  #New Properties

The Chief Executive’s new policy address announced the opening of the first new market to directly benefit from the concept after the development of the "Northern Metropolis". The flood bridge #LYOS under the Cheung Kong's uncompleted construction period of about 2 years announced the first price list of 88 units yesterday, covering open-plan to two-bedroom units and characteristic units with gardens. After deducting a maximum of 13% discount, the discounted average price is RMB 15,503 per square foot. Compared with the neighboring project, the second-hand price of Shangcheng, which is about 10 years old, is about 11,800 yuan per square foot. It is 31% higher than that of the first price list of Pingshan Nanpinghui last month. The real admission of households was 3.458 million yuan. Tickets will be collected and the show flat will be open to the public for viewing from 2 pm today. reporter Liang Yueqin

Zhao Guoxiong, the executive director of Cheung Kong, stated that #LYOS's first batch of "four balls (4 million yuan) is available", describing the pricing as "good prices in Beidu". Since it is the first real estate in the "Northern Metropolis", there is not much information to refer to. It mainly follows the market price. In the future, the "Northern Metropolis" will have 650,000 jobs and 5 railways. It is a plan to integrate into the Greater Bay Area. On the other hand, Hongshui Bridge is connected to Qianhai by railway, I believe #LYOS can be suitable for young people who go to Qianhai to rework.

Three-bedroom duplex plan launched by tender

He also pointed out that the trend of property prices depends on economic development. I believe that with the gradual implementation of the development of the "Northern Metropolis", Hong Kong's economy will improve, and the property prices of small and medium-sized residences and luxury homes will be stable.

Yang Guiling, the senior sales manager of Cheung Kong, said that the first price list covers various types of apartments, including special households, and hopes that buyers will buy them with a good heart and help young people get on the car. roll out.

#LYOS is located at No. 2 Hongyuan Road, Hung Shui Bridge. It offers 341 units in total. The first batch of units are 205 to 462 square feet. The price list is from 3.975 million to 8.622 million yuan. The market value per unit price is about 519 million yuan. The developer offers a discount of up to 13% for the 120-day supply. The discounted price is 3.458 million to 7.501 million yuan, and the discounted price is 13,623 yuan to 18,840 yuan per square foot. The developer also provides payment for the construction period at a discount of 10%, and the discounted price of all units is less than 8 million yuan.

The project is close to Hung Fuk Village, with a bus terminal to Lam Tin, Mong Kok and Jordan, and a tunnel bus to Central and Quarry Bay. There is also a Hung Shui Kiu Light Rail Station nearby that runs between Tin Shui Wai and Yuen Long.

According to the data, Cheung Kong completed the land premium of about 430 million yuan in 2017. Based on the project's total floor area of about 138,800 square feet, the land premium per square foot is about 3,096 yuan. Together with the construction cost, Cheung Kong is here. The project is very profitable. Cheung Kong has already had a development project in Hung Shui Bridge, and in 2011, it launched the sale of Shangcheng in the same district.

Agent expects long-term investors to account for 40%

Chen Yongjie, vice chairman and president of the housing department of Centaline Property Asia Pacific, said that flood bridge #LYOThe first price list of S is the first "Northern Metropolis" new development, and the price is reasonable. Due to the bright development prospects of Hung Shui Bridge and the small size of the market, it will attract investors and users. There are few new projects in the market with more than 3 million admissions, and the project return rate is expected to be about 2.5% to 3%.

Bu Shaoming, Chief Executive Officer of Midland Realty's Residential Department, said that due to the government's determination to develop the "Northern Metropolis", the prospect of the Hung Shui Qiao property market is attractive, and the #LYOS price is very competitive. The discounted average price per square foot is similar, coupled with a wide choice of spaced design units, it is expected to cater to the needs of different users and investors. Among them, the admission fee is small, and it is especially sought after by young customers. It is expected that 40% of them will be long-term investors. After completion, the rent per square foot can reach RMB 35-40, and the rental return is about 3%.

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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