Bailong II added 138 units with 6.25 million admission

28Hse Editor  2022-05-16  #New Properties

A number of new properties have been deployed for sale. Among them, "Pallon II" announced the launch of 138 units yesterday after the first price list of 168 units was announced last week, with an average price per square foot of RMB 18,483. The developer pointed out that the price of the newly added units was slightly higher than that of the first batch, which mainly reflected factors such as floors and views, and the actual increase was slight. The project may be promoted again in the short term, and the sale will be launched as soon as this week. ◆reporter Yan Lunle

The first-phase development project of Jinshang Road Station, Phase 1B, Bailong II, jointly developed by Xinzhi, K. Wah and China Overseas. The price list price ranges from RMB 7,443,000 to RMB 18,131,000, and the price per square foot ranges from RMB 20,859 to RMB 23,690. The maximum discount of 16% is maintained. Yuan.

The discounted average price per square foot is 18,483 yuan

The average discounted price per square foot of the new price list is 18,483 yuan, which is about 3.3% higher than the average discounted price per square foot of the first batch of 168 units of 17,898 yuan. Tian Zhaoyuan, co-director of Sino Land Sales Department Group, said that the slight increase in the price of additional units mainly reflects factors such as floor and landscape, and the actual increase is slight. Bailong II provides 805 units. Tian Zhaoyuan revealed that the project may be promoted again in the short term, and it will be officially released this week at the earliest. As of yesterday, the auction had received 1,500 votes, which was about 4 times oversubscribed.

The second price list admission unit is the B9 unit on the first floor of Block 1, with a usable area of 351 square feet and a one-bedroom open kitchen. The lowest price per square foot is Unit B5 on the 1st floor of Block 10, with an area of 453 square feet, 2 bedrooms and an open kitchen partition. In addition, this is the first time to launch a unit with a usable area of 826 square feet, a 3-bedroom suite with a storage room and a toilet.

Perron II announced its first price list last Friday, involving 168 units. After deducting a 16% discount, the discounted price was 6,249,600 to 17,675,200 yuan, and the discounted square foot price was 16,638 to 19,567 yuan.

East Rail opened to traffic Xingkai · Embankment re-introduction

The cross-sea section of the East Rail Line was officially opened to traffic yesterday. Central Continent Properties’ Xingkai·Dike at East Rail Fotan Station will start a new round of sales within the fastest month, and there will be room for a 5-10% price increase for additional units. To tie in with the launch of Phase 2 of Xingkai · Embankment, the developer has prepared a new demonstration unit, including a usable area of more than 900 square feet, one original and one renovated display unit. It is hoped that the public will be able to visit within this month.

In addition, Kowloon City Longbi, a subsidiary of Country Garden Properties (Hong Kong), announced its first price list for 50 units earlier. As of yesterday, more than 3,000 people visited the showroom. Long Bi launched 20 units yesterday, with a usable area ranging from 213 to 414 square feet, and the discounted price is 5.696 million to 1.0922,000 yuan, the discounted square foot price is 23,593 yuan to 27,056 yuan, and the average square foot price is 25,453 yuan. The developer refers to the original price. It also added the "East Rail Cross-sea Super 80% First Mortgage", which is interest-free and mortgage-free for the first two years, and sales are expected to start on weekends as soon as possible.

The new property sells 88 units on weekends

In the past two days, first-hand sales have been satisfactory, with about 88 sales recorded in the past two days, and the transactions were mainly concentrated on Saturday. Among them, Kerry Ho Man Tin Han Ming launched the remaining 60 one-bedroom units in the form of price lists last Saturday, with a usable area of 298 to 409 square feet, and the discounted price started from 7.3839 million yuan, and 57 units were finally sold. Henderson Mongkok Leofang·One Corner also put on sale 28 units last Saturday, and about 17 units were sold in two days.

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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