2024-04-25 28Hse Editor
INNOVALE's first price list involves 123 units with a discounted price of 14,000 square feet, 5% lower in the same area
In the face of rising pressure on interest rates in Hong Kong, developers offered prices one by one. Taking advantage of the fact that the first round of 336 units of Tuen Mun NOVO LAND, which has accumulated 19,000 votes under SHKP, went on sale today, Henderson Land's ONE INNOVALE-Archway in Fanling North, which has an off-the-plan period of about half a year, announced yesterday the first price list for a total of 123 units, deducting the highest 7% discount, the average price per square foot is 14,168 yuan, which is 5% lower than the second-hand price per square foot of Yifeng in the same area. The 226-square-foot open-plan unit has a discounted admission of 2.962 million yuan, making it the lowest admission fee this year. The disk is open to the public today as a demonstration unit, and tickets will be collected tomorrow.
◆reporter Liang Yueqin
Lin Damin, general manager of Henderson Property Agency Sales (1) Department, described the asking price for the first batch of units in ONE INNOVALE-Archway as a "forgiving price", which is about 5% to 10% lower than that of Yifeng in the same district, and 91% of the units are at a lower net price. At 5 million yuan, it is competitive, and there is room for price increases for additional units. He pointed out that the price has taken into account factors such as interest rate hikes and property prospects. He also referred to the second-hand price per square foot in Sheung Shui, Fanling and the recent sales price of new properties in other districts. He also provided an 85% payment method according to the construction period, so that buyers could pay less The first installment is available.
91% of the unit discounted price is less than 5 million
The price list shows that the first price list of ONE INNOVALE-Archway is 123 units, with a usable area ranging from 209 to 609 square feet. The unit types include 16 open-plan units, 96 one-bedroom units, 8 two-bedroom units and 3 three-bedroom units. The unit price is from RMB 3.185 million to RMB 9.298 million, and the average price per square foot is RMB 15,235. The developer offers a discount of up to 7%. He believes that this batch of launched units can cater to young customers in an all-round way. In addition, the development of the "Northern Metropolis" is an imperative, and the population is expected to grow significantly in a short period of time. It is expected that the vision for the future development of the local area will attract buyers to the market.
Material suction NOVO part to customers
Bu Shaoming, CEO of Midland Realty's Residential Department (Hong Kong and Macau), described the first batch of asking prices for the project as "low market prices", which are more than 10% discounted to the second-hand price per square foot in the area, which is expected to "explode". He expects that the buyers of ONE INNOVALE-Archway will be mainly young customers. He believes that more than 90% of the buyers will be born in the 1980s and 2000s. The "Northern Metropolitan Area" where the project is located has great development potential and will also attract investors. Up to 30%, it is expected that the rent per square foot can reach 45 yuan after the housing estate is occupied, and the return is about 3%. For the serial launch of the new property market, Bu Shaoming expects that some Tuen Mun NOVO LAND Xiangyu customers and Houchao customers will have the opportunity to enter the ONE INNOVALE-Archway at the same time, but there is little overlap in the two properties., the ratio is not too high.
Xu Weibang, senior sales director of Centaline Real Estate Fanling Sheungshui and Jinxiu District, California, said that the price of ONE INNOVALE is about 5% to 10% lower than the second-hand price per square foot of buildings in the same district that are nearly 10 years old. Under the effect of "northern metropolitan area" , and the opening of the sea-crossing section of the East Rail Line this year, if the customs clearance is successful, the overall property price is expected to record an increase of about 10%. He expects 30% to be investors. He estimates that after the unit is occupied, the rent of the small unit with furnished furniture will reach about 30 yuan per square foot, and the rental return will be about 3%; the remaining 70% will be users.
In recent months, the admission price of a new project has been lower than one. At the end of June, the 199-square-foot open-plan apartment of Jiayue, a single building on Hai Tan Street in Sham Shui Po, had a discounted admission price of 3.4592 million yuan, which once became the lowest admission fee for new projects this year; One month, SHKP launched a 214-square-foot open-plan unit in Phase 1A of NOVO LAND in Tuen Mun today, and the actual admission price was 3.281 million yuan; it finally lost to the 226-square-foot open-plan unit of ONE INNOVALE-Archway in Fanling North, a subsidiary of Henderson Land. , the discounted admission is only 2.962 million yuan.
Mingri · Jiudu Mountain has added 33 units
On the other side, Cheung Kong’s Jiudu Mingri and Jiudu Mountain in Shatin added 33 units yesterday, including 22 units with four-bedroom, two-unit suites with studio, and 11 units with three-bedroom units and one suite with studio. Cheung Kong Senior Assistant Sales Manager Chen Yongci said that the new "Perfect 10 Payment Plan" and "Use Now Pay Later Subscription Plan" are both applicable to the 33 units. The price list shows that the area of the additional units is from 1,053 to 1,228 square feet, the price is from 21.47 million to 39.375 million yuan, and the price per square foot is from 20,389 to 32,064 yuan, with a maximum discount of 14.25%, and the net price is from 18.4105 million to 33.764 million yuan. The discounted price per square foot is 17,484 to 27,495 yuan.
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