666 units in two major markets in the New Territories are now facing each other

28Hse Editor  2022-08-06  #New Properties

ONE INNOVALE received 7802 votes NOVO LAND received 18506 votes

The New Territories are in a big scuffle. The two large-scale new projects launched today have launched a total of 666 units, and the receipt of tickets has been very popular. Among them, the first round of 318 units of ONE INNOVALE-Archway in Fanling North, a subsidiary of Henderson Land, closed yesterday and received 7,802 votes, an excess of more than 23 times: SHKP’s Tuen Mun NOVO LAND Phase 1A sold 348 units in the second round, and 336 units were sold at the mid-price list The vote was cut off the night before, and a total of 18,506 votes were received after auditing (including 400 votes by proxy), which was over-registered by 54 times, and another 12 units were sold by tender.

◆reporter Liang Yueqin

Lin Damin, general manager of Henderson Property Agency Sales (1) Department, said that the first round of 318 units of ONE INNOVALE – Archway in Fanling North closed yesterday and received a total of 7,802 votes, more than 23 times the excess. The number of votes collected is very satisfactory. This batch of units will be put on sale in the first round today, with a unit area of 208 to 609 square feet, at a discounted price of 2.962 million to 8.746 million yuan.

He pointed out that Henderson Land is actively planning to develop commercial pedestrian streets in the adjacent plots of ONE INNOVALE, and will extend the elements of "river community" in ONE INNOVALE, creating a gardening space of more than 60,000 square feet "PARK" in the central location of the project INNOVALE", more than 150 different species of trees and shrubs are planted, and at the same time, the designated ecological park can attract butterflies and even fireflies. The garden design has added the artistic element of "GALLERY IN THE PARK" to the green life of the residents. Add artistic flair.

NOVO cut off more than 54 times

On the other hand, SHKP's Tuen Mun NOVO LAND Phase 1A second-round sales unit closed the ticket last night. After auditing, it received a total of 18,506 votes (including 400 votes from agents), and the results were very satisfactory, compared to today's price. The 336 units sold in a single form were oversubscribed by more than 54 times. The units on sale today range from studios to three-bedroom units, with a discounted price ranging from RMB 3.36 million to RMB 9.6543 million, and a discounted square foot price ranging from RMB 12,996 to RMB 16,289.

26 units in Feiyanggu, Tuen Mun

As for Cheung Kong and SHKP's Tuen Mun Feiyang Phase 1, 80 units were sold yesterday, including 75 units sold on a first-come, first-served basis, at a discounted price of 3.93 million to 10.276 million yuan, and a discounted square foot price of 11,996 to 17,261 yuan , the average price per square foot is 14,141 yuan, and the other 5 units are put up for sale by tender, all of which are characteristic units on the 22nd floor of Block 2 with rooftops. According to market sources, 23 units were sold in the first hour and a half of the sale, and 26 units were sold throughout the day. The news also pointed out that Changshi's Shatian Mingri · Jiudushan sold 54 units last night, and sold 8 units in the first 30 minutes, with a total of 1.8100 million yuan, of which the price per square foot of a characteristic unit reached 27,495 yuan; together with the first phase of Feiyang, which was launched yesterday morning, the two projects of Cheung Kong sold a total of 34 units yesterday, cashing out more than 324 million yuan.

Yijing·Longwan for sale 3 units

In addition, Yijing·Longwan, a subsidiary of MCC Real Estate, has launched 3 units in the form of tender. They are located on the 17th floor of Tower 1, Room A, Room D1 and Room G, with an area of 522 to 928 square feet. The four-room partition will be sold in the form of daily bid closing from next Tuesday. The Hung Hom Victoria Harbour·Singan of Cheung Kong Development has re-sold 1 unit of tart subscribers by tender. The unit is Unit B on the 15th floor of Block 3, with an area of 1,328 square feet, four bedrooms and two units, and the unit was sold as early as August 2017 , the transaction price at that time was 35.865 million yuan, or 27,007 yuan per square foot, but the transaction was terminated in mid-May this year.

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.

Share by Facebook

Share by Whatsapp

Share by email