NOVO Phase 1B 3.41 million admissions

28Hse Editor  2022-08-12  #New Properties

Developers speed up the pace of launching. SHKP's Tuen Mun NOVO LAND Phase 1A sold out 811 standard strata units sold by price list in just 12 days, together with 4 characteristic units sold by tender, after cashing out about 5 billion yuan, NOVO was announced immediately yesterday. The first price list for Phase 1B of LAND has a total of 160 units. The average price per square foot is 13,998 yuan, the discounted square foot price is 12,936 yuan, and the 253-square-foot open house is 3,412,700 yuan. ◆reporter Liang Yueqin

Lei Ting, Deputy Managing Director of SHKP, described the first price list of NOVO LAND Phase 1B as "continuously easy price", emphasizing that the group has always launched at the market price, and believes that the price of NOVO LAND Phase 1B will be accepted by the market and buyers. He pointed out that the current epidemic situation in Hong Kong is gradually under control, and citizens have become accustomed to living under the epidemic situation. The government has also relaxed entry quarantine measures from now on, making more people look forward to the possibility of normal customs clearance. In the past ten days, the sales of new properties under SHKP and its peers have been very strong. It can be seen that the public has gradually regained their confidence in property purchases. He believes that with the increase in the supply of new properties in the next few months, the property market in the second half of the year will definitely be more active than the first half of the year.

Tickets are collected from today and will be sold as soon as next week

The first price list of NOVO LAND Phase 1B has a total of 160 units, with a usable area of 253 to 694 square feet, including open-plan to three-bedroom units, after deducting a maximum 15% discount, the net price is 3.4127 million to 9.5982 million yuan, open-plan to two-bedroom units Buyers can continue to choose 10,000 yuan discount or furniture reward points for basic furniture in the whole house.

Chen Hanlin, acting general manager of SHKP, said that considering the landscape factor, the price per square foot of the first price list of NOVO LAND Phase 1B is similar to the last price list of Phase 1A, which is an increase of the original price. He pointed out that the payment method for this batch of units is similar to that of Phase 1A, and open-ended units can still enjoy the progressive contribution discount. Tickets will be collected from today and will go on sale next week at the earliest. NOVO LAND Phase 1B consists of 3 residential towers offering a total of 800 residential units.

Bu Shaoming, CEO of Midland Realty's Residential Department (Hong Kong and Macau), said that the first batch of NOVO LAND Phase 1B was very attractive, and the asking price was close to the previous Phase 1A. Undertake the fiery atmosphere of Phase 1A and attract prospective buyers who failed to enter Phase 1A. It is expected that the proportion of investors will reach 30%, and about 70% will be used for self-occupation. 35 to 40 yuan, the return is more than 3%, and it continues to attract a large number of young customers. It is estimated that the post-80s, post-90s and post-00s buyers account for more than 80%.

Chen Yongjie, vice chairman of the Asia Pacific region and president of the residential department of Centaline Real Estate, said that the first price list of NOVO LAND Phase 1B has been restrained. Compared with Phase 1A, it belongs to the original price and is very attractive. Due to the overwhelming response in the last phase, the developer quickly decided to sell the building once every three days, and sold out quickly, and there were a large number of customers. I believe that the sales of this phase will be guaranteed.

Royal Bay II price hits 25,000 sq ft

According to market news, Tuen Mun Royal Bay II, a subsidiary of SHKP, sold Room D on the 29th floor of Block 1 for 12.5891 million yuan yesterday, with a usable area of 501 square feet and a three-bedroom unit. new high. It is understood that the buyer loves the sea view and geographical advantages of Yuhai Bay, so he purchased it for self-occupation.

On the other side, Lin Damin, general manager of Henderson Property Agency Sales (I) Department, said that the second phase of ONE INNOVALE in Fanling North provides about 400 units and is currently awaiting approval for pre-sale. There is a chance to launch next month. As for ONE INNOVALE-Archway's launch of 88 units last night, the average price per square foot was 14,932 yuan. He said that the price increase of about 1.5% to 2% compared to the previous batch is still a "very forbearable price", which is still lower than the estimated price of 16,000 yuan per square foot. If there is a distance, it is not ruled out that the asking price of the second and third phases of the project will recover the discount.

The second phase of ONE INNOVALE may be launched next month

He pointed out that among the new batch of units in ONE INNOVALE-Archway, the 9th to 12th and 15th to 21st floors of Block A are expected to be the most popular. Picker kitchen design. From now until the end of August, the first five buyers of the project units purchased by Midland will receive a gift certificate of 10,000 yuan for smart home appliances, with a total value of 50,000 yuan.

NOVO LAND Phase 1B First Price List Information

Number of units 160 units

Saleable area from 253 to 694 sq. ft.

Up to 15% off

The net price is 3,412,700 to 9,598,200 yuan

Discounted average price per square foot of $13,998

Watchmaking: reporter Liang Yueqin

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