The two major markets in the New Territories face each other again today

28Hse Editor  2022-08-10  #New Properties

Two large-scale new developments in the New Territories, ONE INNOVALE-Archway and NOVO LAND Phase 1A, will compete again today, with a total of 325 units available for sale. Among them, ONE INNOVALE-Archway in Fanlingbei, a subsidiary of Henderson Land, sold 185 units in the second round today, and the ticket was closed yesterday. Lin Damin, general manager of Henderson Property Agency Sales (1) Department, said that 9,110 votes were collected for the sale, and 182 units were sold at the price list, which was 49 times over-registered, and another 3 units were sold by tender.

ONE INNOVALE Phase 2 application for pre-sale

In addition, he pointed out that it is planned to launch the last 101 units, including top-floor units, and the second phase of ONE INNOVALE has applied for the pre-sale consent form on paper last Friday, and it is expected to be approved by the end of August to the beginning of September.

NOVO LAND tarts sold out

As for Phase 1A of NOVO LAND, Tuen Mun Siu Hong, which is owned by Sun Hung Kai Properties, another transaction was recorded for the characteristic units. Chen Hanlin, acting general manager of SHKP, said that Room N on the 5th floor of Block 1 was sold for 8,081,800 yuan through tender yesterday. The third round of sales of the project starts today with the last 140 units (one of which is sold by tender), and the first 20 buyers who purchase a three-bedroom unit through Centaline Property from now until August 31 will each receive 3 Tuen Mun to Hung Hom "MTR Monthly Pass Plus" monthly pass, worth 36,000 yuan. The plate also re-launched 2 units of tarts for sale yesterday afternoon, and they were sold immediately.

128 WATERLOO with 5% rebate

In addition, 128 WATERLOO, Waterloo Road, Kowloon, which has been co-developed by the existing building, Top Spring and Chun Wo, updated its price list yesterday, adding 5 of them to the limited-time 5% taste furniture cash rebate promotion. The units involved include Unit D on the 5th floor, Unit G on the 5th floor, Unit A on the 7th floor, Unit C on the 8th floor and Unit B on the 11th floor, with an area of 342 to 579 square feet, and they are one-bedroom and two-bedroom units with storage room. In this batch of units, the admission unit is Room C on the 8th floor, with an area of 342 square feet.

Wheelock real estate set nearly 7.6 billion in half a year

In terms of sales performance, Wheelock Properties concluded that it had sold 466 units in the first half of this year, and together with the parking spaces sold, a total of nearly 7.6 billion yuan was cashed out. Mainly one and two bedroom units.

In addition, Cheung Kong's 90 REPULSE BAY ROAD in Repulse Bay sold the last unit by tender. It is the No. 2 mansion with double parking spaces, with an area of 5,347 square feet, with an 870 square foot rooftop and a 367 square foot garden. The transaction price is 401 million yuan. The price per square foot is 75,000 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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