2024-05-06 28Hse Editor
The U.S. may raise interest rates sharply again at the end of the month, and Hong Kong will also increase P soon. Developers will expand discounts to attract customers. Road King Real Estate and Ping An Real Estate cooperated with MTR to develop MTR Wong Chuk Hang Station on top of Hong Kong Island South Shore Phase 1 Jinhuan suddenly launched 80 units yesterday, mainly mid-to-high-rise units. A price list raises the price by 6.5%. One- to four-bedroom units maintain the previous highest discount of 18%, while open-plan units have added a 3.7% “Selected Home Purchase Discount”, and the price has been reduced by 3.7% in disguise. ◆reporter Liang Yueqin
The price list of Jinhuan Plus No. 6 has a total of 80 units, including 44 open-plan units, 8 units with one-bedroom units, 11 units with two-bedroom units and 17 units with four-bedroom units, with an area of 290 to 1,218 square feet, discounted from RMB 8.869 million to RMB 50.977 million. , the discounted average price per square foot is 36,862 yuan. However, Chen Jiancong, deputy director of sales and marketing of Road King Real Estate, emphasized that excluding factors such as landscape, orientation, and floors, the units in this batch are at the original price.
Discounted average price per square foot is 36862 yuan
The price list shows that the developer only provides payment during the construction period, and the discount rate has been expanded from 5% to 8%. However, together with other discounts, the maximum discount for one- to four-bedroom units remains the same as the previous 120-day payment. The maximum discount is 18%, but open-plan units Added 3.7% "Selected Home Ownership Offer", bringing its discount up to 21.7%. The developer also offers a mortgage with a maximum transaction price of 70%, the mortgage interest is P-2.6% (currently the actual mortgage interest is 2.65%), and the loan term is up to 25 years. The total discount for using this mortgage is 16% (1-4 room) or 19.75% (open).
In early May last year, Jinhuan announced the No. 4 price list for the first time to launch an open-plan apartment. At that time, Room B on the 10th floor of Block 1B, with an area of 290 square feet, was priced at 11.707 million yuan, or about 9.6 million yuan in net price (18% discount). Room B on the 11th floor of the same block in the price list was added yesterday, both 290 square feet and the same price of 11.707 million yuan, reflecting that there is no price increase, the actual price is about 9.166 million yuan (21.7% discount), separated by 16 Units with the same area on the first floor of the month were sold for 433,000 yuan. The developer also updated the price list of Nos. 4 and 5 yesterday, adding a 3.7% discount for open-plan units and expanding the construction period payment discount rate from 5% to 8%.
Chen Jiancong said that the key date of the project is expected to be December 31 this year, and the occupancy certificate has been obtained. The demonstration units of the existing building will be opened for the public to make an appointment to visit from today, and a new round of sales is expected to start this month.
Jinhuan was very popular when it was launched last year. The first price list for 160 units was announced in April of that year, with an average price per square foot of 29,689 yuan, making it the most expensive railway residential project in history. When the No. 5 price list was added in mid-May of the same year, the discounted average square foot price rose to RMB 34,627. Among the four-bedroom, two-unit units sold through tenders, one of them was sold at HKD 66 million, with a price per sq.
MIAMI QUAY I push
On the other side, Wheelock Properties, Henderson Land, New World and Empire Group cooperated with Kai Tak MIAMI QUAY I yesterday to launch an additional 65 units, with an area of 250 to 716 square feet, at a discounted price of 5.738 million to 18.727 million, or a discounted square foot price $22,952 to $26,155. On Sunday (18th), 139 units were sold on a first-served basis, and 1 unit was offered for sale on the same day.
Since the launch of Jinhuan, the price and the promotion table
The average price per square foot discounted by the number of units at the time of launch
The first price list in April 2021 is 29,689 yuan for 160 units
April 2, 2021 Price list 80 units 31,652 yuan
May 3, 2021 Price list 180 units 33,103 yuan
May 4, 2021 Price list 160 units 33,980 yuan
May 5, 2021 Price list 86 units 34,627 yuan
The price list on September 6, 2022 is 36,862 yuan for 80 units
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