Kai Tak MARINE's first price list for 112 units

28Hse Editor  2022-04-12  #New Properties

As the number of confirmed cases of new coronary pneumonia continues to decline, developers seem to have a tendency to re-launch new projects to test the water temperature. After the Kai Tak MONACO MARINE, a subsidiary of Wheelock Properties, uploaded the sales brochure last Friday, Huang Guangyao, the managing director of Wheelock Properties, said yesterday that the first price list for the property will be announced this week, involving about 112 units, mainly covering the first to The three-bedroom unit has surpassed 8,000 registrations for priority viewing of the show unit through online reservation as of yesterday. ◆reporter Liang Yueqin

Huang Guangyao pointed out that MONACO MARINE has a total of 559 units, including high blocks and low blocks. At present, it will focus on selling a total of 453 high blocks, including one to three-bedroom units. He also said that since the cross-sea section of the East Rail was opened to traffic in June this year, it attracted inquiries from Hong Kong Islanders, accounting for 20% of the overall inquiries. At the same time, “Cai Ye Plan” relaxes the mortgage insurance ratio of mid-priced properties, attracting many inquiries from property changers.

If the epidemic continues to ease, he expects that the overall first-hand transaction volume in April will rise to 800 to 1,000 with the launch of many new transactions, and the first-hand transaction volume in May and June is expected to record more than 1,000 transactions per month, which means The overall new listing transaction volume in the second quarter can rebound by about 3,000, compared with only about 960 in the first quarter of this year, a quarter-on-quarter increase of more than 2,000. Huang Guangyao pointed out that the property price in the first quarter dropped by 3% due to the epidemic. It is believed that the property price will rebound in the second quarter, and the property price in the first half of the year will return to the level at the end of last year.

Liao Weiqiang, President of Rica Court, pointed out that with the stabilization of the epidemic, the “Cai Ye Plan” loosening the mortgage-to-value ratio of mid-priced properties to drive the replacement of the property chain, and the government’s plan to relax social distancing for epidemic prevention from April 21, first-hand sales are expected to be sold this month. It can go back up to 800 to 1,000 cases.

Aoyu launches 360-day payment plan to attract customers

Chevalier International and the Urban Redevelopment Authority cooperated with Mong Kok to update the offer. From April 15th, the original payment method will be extended to 180 days, and a 360-day payment method will be added to facilitate buyers to have more flexibility in handling personal finances. At the same time, the first ten buyers will receive a 24-month management fee, and some units will receive an additional 3% discount for a limited time. Aoyu has sold more than 70% of the units that have been put up for sale so far. The entry unit of the project is Room C on the 15th floor, with a usable area of 304 square feet.

In terms of new property transactions, Yuelu in Clearwater Bay, a subsidiary of Chinachem Group, sold House No. 11 for 125.5 million yuan yesterday, with a price per square foot of HK$31,477, a record high for the project and the price per square foot. House No. 11 is a three-storey building with a roof, with 4 bedrooms (4 suites) separated, with a usable area of 3,987 square feet, a garden of 1,749 square feet and a roof of 1,423 square feet with a swimming pool. The detached home features a private lift, 1,387 sq. ft. of private parking and a private driveway.

Wu Chongwu, Director of Sales Department of Chinachem Group, said that all the units in the project were sold out, and the beautification project of the Pok Fu Lam Bili Xuan has come to an end. Duplex units and a small number of mansions will be provided, and the deployment will be launched in the second quarter.

Far East Development's Shatin Mid-Levels Bijia·Jinfeng quickly sold 5 units of three-bedroom units with usable areas ranging from 1,019 to 1,337 square feet, and cashed in 95.244 million yuan in a single day. The project provides a total of 66 units, including 4 detached houses. So far, 15 units have been sold, and more than 260 million yuan has been cashed out.

Wheelock Properties' Lam Tin KOKO RESERVE sold a duplex unit in the sky for HKD 55 million yesterday. The unit is a 403-square-foot platform and an 879-square-foot rooftop, 4 bedrooms, 2 suites and a workshop on the 17th and 18th floors of Block 1. With a toilet, the usable area is 1,992 square feet, and the price per square foot is 27,610 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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