A number of new houses grabbed the gate in the New Year and sold 180 units in a single day The YOHO Hub won 21 million buyers to buy high-rise four-bedroom households

28Hse Editor  2022-01-03  #New Properties

At the beginning of the 2022 New Year, a number of new properties were rushed for sale. The YOHO Hub in Yuen Long launched the second round of 209 units yesterday. As of evening, it is reported that more than 137 units were sold; Mong Kok Soyo (SOYO) sold 120 units in the first round yesterday, market news Refers to as of 8 o'clock last night, about 40 units have been sold. Together with other new properties, about 180 units were sold in the primary market yesterday. Sales of new properties are good, but the second-hand sales of the past weekends and Sundays (January 1 and 2) have fallen sharply on a weekly basis. Among them, the top ten housing estates in Central Plains recorded only two transactions, reflecting the rebound of the local epidemic. Under the influence of the festive atmosphere, home buyers have a wait-and-see attitude. ◆reporter Zhuang Chengmin

The YOHO Hub in Yuen Long went on sale yesterday, involving 209 units, of which 204 units were sold in the form of price lists. The project cut off 1,379 votes last Saturday, which was more than 5.7 times the excess. It was seen on the scene yesterday that the project attracted many family customers, ranking among the adults. According to market news, more than 137 units had been sold by about 6 o'clock in the evening, and the sales rate exceeded half. Lei Ting, deputy managing director of the developer Xindi, said that the Yuen Long District will benefit from the planning of the "Northern Metropolis" and the community facilities will be further improved and mature, which will attract more buyers to buy properties.

Thunder: If there is room for further push

The YOHO Hub project provides a total of 1,030 units, and more than 259 units have been sold in the first round of sales after Christmas last week. As for whether there will be an increase in the short term, Thunder said that it will depend on sales, but it is expected that there will be room for price increase.

The 204 units sold by The YOHO Hub yesterday's price list have a saleable area ranging from 325 to 1,036 square feet, covering one to four-bedroom units. The discounted prices range from 6.988 million to 22.754 million yuan, and the price per square foot ranges from 18,882 to 23,547 yuan. In this project, there are also 5 units of "Supreme 4 Bedrooms" characteristic households, all of which are 3 Block A rooms, which will be sold through bidding.

Chen Yongjie, vice chairman of the Asia-Pacific region and president of the residential department of Centaline Property, said yesterday that the buyer's attendance rate of The YOHO Hub of the bank reached 80%. The largest group of buyers in Group A of the bank spent about 21 million yuan to purchase high-rise four-bedroom households. The project benefited from the opportunity of the "Northern Metropolis" in the New Territories. Last week, the first round of sales sold nearly 80%, and sales are expected to be similar this week.

Bu Shaoming, Chief Executive Officer of Midland Realty's Residential Department, also said that the Yoho Hub is expected to sell well in the second round of sales. Among them, 20% will be new tickets, of which 65% are dominated by users in the New Territories, and 35% are Hong Kong Island and Kowloon. On the other hand, he pointed out that 70% are buyers and 30% are used for investment purposes. He said that this time buyers will mainly buy 1-bedroom units.

Sisters spent 8 million to buy 2 sets of Junhui and get on the bus

Yesterday, another new development was the Soy Street Soyo (SOYO) in Mong Kok, jointly developed by Yi Zhao and Chun Wo. The first round of sales was 120 units, all of which were open-plan units, with a saleable area ranging from 152 to 228 square feet. The discounted price ranged from 3388,000 to 6.565 million, the discounted price per square foot ranges from 21,881 to 31,644 yuan. According to market news, the project had sold about 40 units as of 8 o'clock last night. Mr. Li, a civil servant buyer, said that he lives in the North District of the New Territories. This time he spent 5 million yuan to buy a unit in Junhui. He added his own savings for the purchase of the property. The surrounding facilities of Mong Kok are convenient and the nearby transportation is convenient to travel to and from various districts, so he bought The unit is used for self-occupation.

Chen Yongjie went on to say that the branch of Central Plains facilitated a case of a sister's purchase of a house by Junhui. They each purchased an open-plan unit for a total of 8 million yuan. He expects that Junhui can sell 70% of the units. The main impact is that the epidemic shows signs of rebound. Investors need to take time to pay attention to market conditions and then make arrangements.

Top ten housing estates rebounded from the epidemic

Together with other new properties, there were about 180 transactions in the primary market yesterday. The second-hand market appears to be deserted. According to statistics from the top ten housing estates of the four major agencies, 2 to 6 transactions were recorded. Central Plains statistics showed that only two transactions were recorded. Chen Yongjie said that the new crown epidemic in Hong Kong has changed again, and the Omicron variant virus has a chance to spread in the community. The public fears that the epidemic will re-emerge and affect the decision to enter the market. In addition, the Christmas and New Year holiday atmosphere continues. Property activities have dropped sharply. On the first weekend of the year, some citizens took a wait-and-see attitude. After the stock market opened on Monday, the market stabilized before making a decision to enter the market, which slowed the release of second-hand trading.

In addition, Chen Yongjie also stated that there were more than 830 single-hand transactions last month, and there were about 17,200 single-hand transactions in 2021, which is a new high in the second two years of 2019. If the epidemic of the new variant virus does not worsen, developers will accelerate the pace of launching. It is expected that the number of first-hand transactions will reach 20,000 in 2022. Bu Shaoming expects that this month there will be 1,000 first-hand transactions and 3,800 in the second-hand market. However, if the new crown epidemic breaks out again, it will affect the pace of developers to sell real estate.

Four agents look at the property market

Bu Shaoming, Chief Executive Officer of Midland Realty's Residential Department: Looking forward to the new year, the local economy continues to recover and the market has a lot of funds to support the property market. Although the United States plans to raise interest rates this year, Hong Kong may not follow the increase. Some listing owners are Buyers generally "talk at a price," and local home buyers just need to continue, and there is no shortage of ability to take over the price cuts.

Ma Taiyang, Chief Operating Officer of Hong Kong Real Estate and Director of Kowloon District: Entering the new year, in the short term, the first-hand will continue to dominate, and the second-hand will be difficult to break through. However, the capital is still flooded, the low interest rate environment, the future customs clearance is expected to resume, and the next month will come. In the Lunar New Year, under the effect of "inertia" in the property market, purchasing power will gradually return to second-hand, and second-hand will gradually "chasing lagging behind."

Liao Weiqiang, President of Ricacorp Real Estate: The new crown epidemic in the port of Japan has changed again, and the market is worried about the renewal of the epidemic, which affects the desire to enter the market. At the same time, the second-hand market is still in a stalemate, and prices have softened slightly. Believe to wait for the Omicron epidemic

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