MONACO ONE pushes 123 units to increase the price by 2%

28Hse Editor  2021-11-15  #New Properties

The new homes continued to be sold, and the sales were satisfactory. The developers were struggling while the iron was hot, and immediately arranged for additional launches. After the first round of sales of 341 units of Kai Tak MONACO ONE under Wheelock and last Saturday and all the units were sold, the remaining 123 units were immediately added yesterday, and the price was increased by 2%. The discounted average price was 28,932 yuan. In addition, KENNEDY 38, a new development on Belcher's Street, Kennedy Town, Western District, also launched an additional 50 units yesterday, with a discounted average price of $27,677 per square foot. reporter Yan Lunle

The MONACO ONE, which went on sale in the first round of public sale last Saturday, sold 341 units on the same day, cashing out more than 3.55 billion yuan, and the discounted average price per square foot was 24,359 yuan. More than half of the units in the first round of sale were 1-bedroom units, attracting many young people to enter the market, accounting for about 40% of buyers. Seeing good sales, the developer yesterday announced the launch of 123 additional units and arranged for the sale of 150 units on Thursday, which means that all properties will be launched.

The newly launched 123 units, including 81 1-bedroom units, 31 2-bedroom units, and 11 3-bedroom units with storage room. The maximum discount remains unchanged at 12%, and the discounted prices range from RMB 7.996 million to RMB 17.886 million. The discounted price per square foot ranges from RMB 23,665 to RMB 30,381, and the average price per square foot is RMB 25,533. It is estimated that the cash can be approximately RMB 1.38 billion (in terms of selling price). Excluding factors such as seating orientation, landscape, and floors, a slight increase of approximately 2%

As for the 150 units scheduled for sale this Thursday, they also cover 1 to 3 rooms, with saleable area ranging from 326 to 671 square feet, discounted prices from 7.921 million yuan to 17.886 million yuan, and discounted prices from 22,550 yuan to 30,381 yuan per square foot. The discounted average price per square foot is 25,461, which is expected to be about 1.71 billion yuan (in terms of selling price).

KENNEDY 38 adds 50 units

In addition, SHKP, Wheelock and Henderson jointly developed the new development of KENNEDY 38, Belcher's Street, Kennedy Town, Western District. After the first batch of 70 units was uploaded last week, it was announced yesterday that an additional 50 units, including 18 units, will be opened. The saleable area ranges from 262 to 302 square feet. After calculating the maximum discount and 10% off the property price, the discounted price ranges from 6.9012 million to 8,527,500 yuan, and the discounted price per square foot ranges from 25,400 to 30,733. The discounted average price per square foot is RMB 27,677, which is 3% more expensive than the first price list of RMB 26,888. According to the news, 630 tickets have been collected for the project, which is about 4.25 times more than the 120 units that have been promoted so far.

SHKP Tin Shui Wai Wetland Seasons Bay Phase 2 has two rounds of sales in the past week. SHKP Deputy Managing Director Lei Ting said that all the units sold in the form of price lists were sold, involving 300 units, with an average transaction price of nearly 16,000 yuan per square foot. Another unit was sold through bidding, which cashed out more than 2 billion yuan for the group. The remaining 87 units of the project will be sold by tender. The next phase 3 of Wetland Seasons Bay provides a total of 384 residential units. It is the last phase of the entire wetland park project Wetland Lot No. 33. It will be sold in the first quarter of next year, so there is no need to apply for pre-sale consent. , To be sold after the approval of the occupation permit.

539 units sold in one hand over the weekend

In the past weekend, one-handed transactions rushed to 539 units, of which the above two sales accounted for about 95%. It was the most prosperous weekend in two months after the Kerry Wong Chuk Hang Yang Hai and other multi-market sales of nearly 560 units in early September.

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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