Fanling ONE INNOVALE raises prices and launches 123 more units

28Hse Editor  2022-08-02  #New Properties

Under the battle of new properties in the New Territories, ONE INNOVALE-Archway in Fanling North, a subsidiary of Henderson Land, raised the price of 123 units last night, deducting the highest 7% discount, and the net price was 3.148 million to 8.746 million yuan , the discounted average price per square foot is 14,560 yuan.

The discounted average price per square foot is 14,560 yuan

Lin Damin, general manager of Henderson Property Agency Sales (1) Department, said that ONE INNOVALE-Archway had accumulated about 2,700 votes as of 8:00 last night. In response to the overwhelming response, 123 units were added to the project last night, including garden-featured units and rooftop features. unit. The 123 units have a usable area ranging from 208 square feet to 609 square feet. They are mainly one-bedroom units with a cloakroom and two-bedroom units of different apartment types. The average price per square foot is 14,560 yuan. According to the floor and the newly launched special units, the increase is about approx. 2%, the discounted price starts from 3.148 million yuan, and the lowest discounted square foot price is 13,822 yuan. The discounted average price per square foot of the first two price lists was RMB 14,372.

Tuen Mun Feiyang pushes a room with 3.93 million admission

In addition, Cheung Kong and SHKP cooperated with Tuen Mun Castle Peak Road Feiyang Phase 1 yesterday, and took advantage of the trend to push the No. 5 price list for a total of 48 units. The price per square foot is about RMB 13,495, which is about 10.2% lower than the average price per square foot of the No. 4 price list of about RMB 15,025, and about 10.3% lower than the average price per square foot of the first price list of RMB 15,050. The discounted entry price for a one-bedroom is 3.93 million yuan, which is the flattest unit with the discounted entry price of the units that have been launched in this project, and the discounted entry price per square foot is 11,996 yuan, which is the lowest entry price of the new project this year.

Yang Guiling, senior sales manager of Cheung Kong, said that Cheung Kong and Sun Hung Kai Properties agreed that the mountain view units launched by Feiyang are different from the previous sea view units, so the price has been adjusted. This batch of units includes 30 one-bedroom and 18 two-bedroom units, with a usable area of 281 to 482 square feet, with a discounted price of 3.93 million to 6.29 million yuan, and a discounted square foot price of 11,996 to 14,830 yuan. 80 units of this property were put on sale this Friday, of which 5 units were put up for sale with special tenants on the rooftop. The price list included the 48 units that were added to the market yesterday, and they were sold on a first-come, first-served basis. The project sold 123 units in total, cashing in 738 million yuan, with an average transaction price of about 15,995 yuan per square foot, mainly sea-view units and high-quality inner garden units. 75% of the buyers choose the payment method during the construction period and can use the high-cost mortgage insurance provided by the government. plan.

NOVO LAND Tianchi House to Tender

On the other side, the acting general manager of SHKP, Chen Hanlin, said that Tuen Mun Siu Hong NOVO LAND Phase 1A will be launched as soon as today and announced new sales arrangements, and the second round of sales will be launched this weekend at the earliest, including 8 top-floor units with rooftops. Featured units are sold by tender, 2 of which are "NOVO Sky Pool Mansion". He pointed out that the 8 top floorsThe usable area of the characteristic units with the roof is 1,020 to 1,467 square feet. One of the "NOVO Sky Pool Mansions" is located in Room A1, Sky Pool, on the 35th floor of the top floor of Block 1, Elverum, with a usable area of 1,290 square feet with a terrace of 1,060 square feet and a private swimming pool ( Connecting hall), 897-square-foot rooftop (the platform has stairs to access), it is a four-bedroom and two-suite partition, with a floor height of 3.65 meters and 3.85 meters. I am confident that "NOVO Sky Pool Mansion" can challenge the new record price per square foot in the area.

Cheung Kong's Shatin Mingri · Jiutoshan also released 54 units on a first-come, first-served basis this Friday night, from the price list of No. 6 and No. 7, with a usable area of 484 to 1,228 square feet, including three-bedroom and four-bedroom households, discounted from 7.694 million yuan to 31.894 million yuan.

The Lee & Ching Wan 23 at No. 23 Cedar Street, Mong Kok, in cooperation with the URA, revised the 3A price list yesterday, canceled the construction period payment, and the total discount for the 120-day payment method was also reduced by 2.5% to 14%. I believe is a reflection of the entry factor.

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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