Victoria Harbour Exchange has acquired more than 100 million major buyers for two consecutive purchases

28Hse Editor  2022-10-29  #New Properties

After the policy address proposed to refund 15% of the buyer's stamp duty to overseas talents who have lived in Hong Kong for 7 years and hold a Hong Kong permanent resident identity card, new luxury properties have been frequently sold. The Southwest Kowloon Victoria Harbour, jointly developed by Sino Land and Wheelock Properties and other four major developers, won a group of major buyers through bidding yesterday to purchase two connected four-bedroom units for more than 102 million yuan, at a price of 33,587 yuan per square foot. ◆reporter Liang Yueqin

Tian Zhaoyuan, executive director of Sino Land, pointed out that the units sold yesterday included Unit A on the 25th floor of Tower 1, Phase II, with a usable area of 1,536 square feet and a transaction price of RMB 54.326 million, or about RMB 35,369 per square foot; Room B has a usable area of 1,432 square feet, and the transaction price was 48.096 million yuan, or about 33,587 yuan per square foot. He also pointed out that there has been an increase in inquiries about the project from mainlanders and even financial talents recently.

Huang Guangyao, managing director of Wheelock Properties, said that in July and September of this year, large-scale buyers recorded consecutive purchases of 7 and 5 units. It can be seen that many buyers purchased units as long-term rental properties. At the same time, from July to October this year, 32 units were sold in this project, attracting 650 million yuan. During the period, 70% of the units were large units with three bedrooms or above, reflecting the popularity of large units in the market. The project is progressing smoothly, the shed has been demolished, and it is expected to be completed in the middle of next year. It will be considered for further promotion according to market conditions, including that the featured households will continue to sell in the form of bidding. The project has sold 801 units so far, cashing out more than 11.6 billion yuan.

21 BORRETT ROAD, a luxury mansion on Borrett Road in Mid-levels of Hong Kong Island owned by Cheung Kong, was sold to Singapore Huarui Capital for more than 20.7 billion yuan. No. room (including parking space), the transaction price is 133 million yuan, or 61,746 yuan per square foot, which is the lowest transaction price record since the property was put on sale in February last year. The transaction price per square foot is similar to the average price per square foot purchased by Huarui Capital. The unit has a usable area of 2,154 square feet, a four-bedroom and two-unit apartment, and the price per square foot is 61,746 yuan. The buyer's transaction period is 270 days.

PARK YOHO Bologna adds 40 units

On the other side, SHKP’s Yuen Long Kam Tin North PARK YOHO Bologna sold 58 units in the first round of sales the day before yesterday. After it was nearly sold out, the developer immediately raised the price yesterday and launched an additional 40 units. SHKP acting general manager Chen Hanlin said that this time the additional units were sold. The average price per square foot is about 13,750 yuan, with an increase of about 1%, the usable area is 270 to 674 square feet, the discounted price is 3,968,100 to 9,000,900 yuan, and the reduced price per square foot is 12,903 yuan to 15,363 yuan.

Fanlingbei ONE INNOVALE-Cabanna, a subsidiary of Henderson Land, closed the ticket at 8:00 last night and collected 1,387 votes. In the first round of tomorrow, 113 people were sold at the price list, and the over-registration was 11.3 times. The 113 units have a usable area of 186 to 683 square feet, covering studios to three-bedroom units, with a maximum deduction of 7In terms of % discount, the average square foot price is 14,223 yuan, and the actual admission fee is 2.763 million yuan.

Heine Manor has been approved as a certificate of satisfaction

In addition, the occupancy has been delayed for nearly two months, and the Tseung Kwan O Heine Manor under Kowloon Jianye has officially been approved as a satisfactory certificate. The current building of the project has held a lighting ceremony and officially started the handover process. The owners will be notified in batches. Delivery arrangements. Chen Shufang, Assistant General Manager of Kowloon (Marketing and Sales Department), said that The Manor is composed of several parts, with a total indoor area of about 20,000 square feet, plus about 9,000 square feet of outdoor space and about 20,000 square feet of green gardens , providing more than ten indoor and outdoor facilities, including a garden outdoor swimming pool about 25 meters long.

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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