Wheelock launches 2000 units of MONACO MARINE this year and sells the fastest this month

28Hse Editor  2022-01-05  #New Properties

Wheelock Properties, which sold properties last year and set a record high for the group, will continue to push the market non-stop this year. Wong Kwong Yew, managing director of Wheelock Properties, said yesterday that the group will sell at least 2,000 new units this year. The first project Kai Tak MONACO MARINE has been approved for sales brochures, and the sales brochure will be uploaded as soon as possible. It is expected to be launched this month. , The project provides 559 units, mainly two-bedroom and three-bedroom households.

Huang Guangyao pointed out that this year the group will have new houses for sale in the first quarter, Kai Tak MONACO MARINE will be launched in the first quarter, and the third phase of Lantian KOKO HILLS will be launched in the second quarter, providing 827 units, which will be launched in phases; in the third quarter Two cooperation projects in the Kai Tak runway area will be launched and 500 units each will be launched this year. Among them, Kai Tak Runway 4B Zone 1 was developed in three phases, providing a total of 1,590 units, focusing on one-bedroom and two-bedroom units; and Kai Tak Runway 4B Zone 3, which is also a cooperative development, was developed in two phases, providing a total of 1,219 units. It is mainly based on one-bedroom and two-bedrooms. In the fourth quarter, the 12th phase of the Lohas Park project in Tseung Kwan O will be launched, providing 1,985 units, which will be sold in phases. The first phase is expected to provide 600 units.

In addition to the aforesaid new properties, Huang Guangyao said that the Peak Super-luxury project is also deployed for leasing. Among them, No. 11 Plantation Road on the Peak is expected to be rented in the first quarter. The saleable area of the bungalows is 6,100 to 8,000 square feet, which was the highest in the project last year. The rent is RMB 125 per square foot. In addition, the new bungalow project at No. 1 Plantation Road provides a total of 20 bungalows. It is expected to launch the first phase of 8 bungalows this year, with a saleable area of about 5,000 to 6,000 square feet.

He pointed out that Wheelock Properties sold 2,197 units in 2021, with a sales value of approximately 35 billion yuan, both of which set a record for the group. Looking ahead to the property market this year, he believes that housing supply and demand are still unbalanced this year, and some funds have also flowed into the property market due to stock market fluctuations. Even if the United States raises interest rates this year, Hong Kong may not raise interest rates immediately. Property prices are expected to increase by 5% to 10% this year. .

GRAND MONACO four bedrooms and double suites exceed 52.68 million yuan

According to the transaction record, Kai Tak GRAND MONACO, a subsidiary of Wheelock Properties, yesterday sold duplex units on the 3rd and 5th floors of Block B in the lower block, with a saleable area of 1,679 square feet, with a roof of 567 square feet and a 29-square-foot platform. The transaction price of the double-unit apartment was 52.688 million yuan and the price was 31,381 yuan per square foot. The buyer's transaction period was 180 days.

No. 1 Shouson Hill Road East to launch 5 bungalows next month

On the other side, Chen Kaixin, general manager of the Java sales department, said yesterday that the group will launch five bungalows on the Shouson Hill Road East Project No. 1 after the Chinese New Year, with a useful area ranging from 2,657 to 2,840 square feet, and appointments are now open. He pointed out that the project sold 3 units last year and cashed out about 670 million yuan. Java also plans to launch the No. 59 Mount Garrett Road project at the top of the hill within this year, with only one bungalow with a useful areaApproximately 7,300 square feet. He pointed out that the house on Mount Kellett Road will arrange for prospective buyers to make an appointment to visit as soon as March to April, and it is expected that the price of luxury homes will rise by 15% this year.

Midland Exclusive Agent Evergrande·Junlong Bay

Although Evergrande is in a debt crisis, Midland has acted as the sole agent for Evergrande’s Tuen Mun Soguan Evergrande·Junlong Bay. Bu Shaoming, CEO of Midland’s housing department, emphasized that “I am so confident that I will receive commissions. The next exclusive agent for this project." He continued, pointing out that Evergrande·Junlong Bay has already reached the current building and major banks are also willing to undertake mortgages to give buyers and agents confidence. Leung Zhihui, director of Midland's sales, said that the sales arrangements announced earlier in the second phase of the project involved 60 units, while 142 units in the first phase were not launched.

Jingluo Mortgage Operations Director Zhang Haoxi said that all the units sold this time are less than 10 million yuan, and they can enter the market with "new mortgage insurance". At the same time, they also provide buyers with "low-interest and high-volume mortgage discounts", with a mortgage rate of up to 90%, the interest rate for the whole period is as low as H plus 1.3%, and the upper limit is as low as P minus 2.75%.

Big-handed customers over 130 million sweep Landor's 3 units

In terms of new property transactions, the Great Eagle’s existing buildings in Tai Po Pak Shek Kok Landor yesterday sold 3 units of four-bedroom double-unit apartments through a series of tenders, belonging to Units A, B, and C on the 12th floor of Block 1, with a saleable area ranging from From 1,648 to 2,083 square feet, with a view of the Tolo Harbour, it was purchased by the same group of buyers for 131.83 million yuan. With a total area of 5,454 square feet for the three units, the price is 24,100 yuan per square foot. Kai Tak Long Yu, a subsidiary of Poly Real Estate, yesterday sold Unit B55 on the 5th and 6th floors of Block 3 for 22.77 million yuan through a tender, with a saleable area of 759 square feet. It is a low-rise duplex two-bedroom apartment with roof and storage room. The price is per square foot. Up to 30,000 yuan.

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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