I have already gone upstairs and said that the price will be opened next week. The first phase will focus on the sale of 453 units in high blocks. We aim to relax the gathering restrictions and MARINE will attack within this month.

28Hse Editor  2022-04-09  #New Properties

The epidemic situation in Hong Kong continues to ease, and the government intends to relax the restrictions on gatherings from the 21st of this month. Developers quickly restart the new property launch plan. Kai Tak MONACO MARINE, a subsidiary of Wheelock Properties, uploaded the sales brochure yesterday and launched a 360-degree online exhibition hall. It plans to start the price next week. The first phase will focus on the sale of 453 units in high blocks. The price is based on the MONACO ONE launched in November last year. And MONACO MARINE's real estate landscape quality, etc., and show units will be open for public viewing during the Easter holiday, and sales will be launched within the month. ◆reporter Liang Yueqin

Huang Guangyao, managing director of Wheelock Properties, pointed out that due to the social distancing measures implemented in response to the epidemic, the property has already started accepting online appointments to register to visit the show flats, and 5,000 registrations have been recorded so far. In order to provide the public with peace of mind to visit show flats and select flats, new arrangements will be announced later. The 360 online tour of the show flats and exhibition halls launched yesterday can also allow prospective buyers to learn about the real estate from the comfort of their homes.

Start 360 online visit to the exhibition hall

According to the website of the website, each group of visitors or agents should not more than 2 people enter the exhibition hall. The show unit is limited to one group of guests and agents at a time. Visitors must show vaccination records or exemption certificates when entering the exhibition hall. The QR code is available for scanning. When entering and leaving the exhibition hall, you can scan the "Safe Travel" QR code to record your itinerary and wear a mask during the whole process.

MONACO MARINE has a total of 559 units. The high block includes 2 residential buildings, providing 453 units. Nearly half of the units enjoy the view of the southeast Victoria Harbour. The standard unit has a usable area of 326 to 713 square feet. The main two-bedroom and three-bedroom units account for 80%, and another one There are 2 units in the top floor characteristic units, with a usable area of 1,570 and 1,708 square feet. The low block includes 4 residential towers, providing 106 units with a saleable area of 324 to 768 square feet. The project is expected to be occupied in March next year.

MONACO ONE in the price reference system

He said that in the first phase, 453 units of high blocks were put on sale, and the price was based on MONACO ONE, which was put on sale in November last year. Since the government has relaxed the upper limit of the mortgage property price to 19.2 million yuan, he believes that the first batch of units of MONACO MARINE will all benefit from this plan. In addition, the cross-sea section of the East Rail is expected to open to traffic in June this year, which has recently attracted inquiries from Hong Kong Islanders. The project has 713 square feet of three-bedroom units, which will attract new buyers.

Affected by the epidemic in Hong Kong in the first quarter, there were only about 960 transactions in the first-hand market, of which only more than 100 transactions per month in February and March. He said that with the fall of the epidemic, there were 70 first-hand transactions from the 1st to the 7th of this month, accounting for more than half of the first-hand transaction volume in the previous month, reflecting that the purchasing power is being released.

KOKO HILLS 3rd issue will be pushed next season as soon as possible

In addition to MONACO MARINE, he said that the third phase of KOKO HILLS in Lantian, a subsidiary of the group, was originally scheduled to be put up for sale in the middle of this year, but due to the impact of the epidemic on government departments to approve pre-sale consents and other work, the third phase of KOKO HILLS is expected to be released as soon as Launched at the beginning of the third quarter, the project provides more than 830 units and will be launched in phases. In addition, the group has two cooperative projects in the Kai Tak runway area, which are planned to be put on sale this year.

In fact, many new projects are just around the corner. In addition to MONACO MARINE, the Phase 1A Park Long I of the MTR Yuen Long Kam Sheung Road Station Project, which is cooperating with Ka Wah and China Overseas, is also pending the approval of the pre-sale consent. Launched, the project has a total of 715 units, focusing on one-bedroom and two-bedroom households. Phase 3 of Wetland Seasons Bay in Tin Shui Wai under SHKP is also expected to be put on sale soon, with 384 units available.

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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