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Hong Kong Property Market - Yr.2020 Oct: Average price per sq feet $11600 0.03%   (last month:$11597)
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No fear of the local epidemic

2020-07-25-(Sat)
【28Hse.com】  

Yuhai Bay received nearly 15 times the ticket price of ST. GEORGE S MANSIONS for auction next week

The COVID-19 epidemic in Hong Kong is severe, but it does not hinder the launch of new properties. SHKP launched the first batch of new properties in Tuen Mun at a price per square foot, Ocean Wong Road Royal Bay closed at 1:00 pm yesterday. According to news, more than 1,700 votes have been collected. With the first batch of 108 people on sale today, the over-registration was nearly 15 times. On the other hand, ST. GEORGE S MANSIONS, a luxury home in Homantin Kadoorie Road, which is owned by the Kadoorie family and cooperated with China Power Partners, uploaded the sales arrangement yesterday and will sell 36 units by tender from next Wednesday. ■Hong Kong Wen Wei Po reporter Liang Yueqin

The first batch of 108 units on sale at Royal Bay at 10 am today, with a saleable area ranging from 261 to 437 square feet, including 14 open-plan units, 54 units with one bedroom, 13 units with one bedroom with storage room, and 27 units with two bedrooms. The unit's net discounted price ranged from 4,688,800 to 7,300,400 yuan, the average discounted price per square foot was 17,498 yuan, and the discounted price per square foot was 14,992 to 19,922 yuan.

On the other hand, Tian Zhaoyuan, co-director of Sino Land's sales department group, stated that ST. GEORGE S MANSIONS will sell 36 three-bedroom and four-bedroom mansions by tender. The project has a total of 175 units, of which 161 are standard units, mainly three-bedroom and four-bedroom houses with a maximum area of 2,141 square feet. The project also has 14 special units, of which 5 are top-level or connected special units, with a saleable area of 3,325 to 3,695 square feet.

KOKO HILLS New Mortgage Offer

KOKO HILLS, Cha Kwo Ling, a subsidiary of Wheelock Properties, will be sold in batches starting tomorrow34 units have to be sold first, and the other 2 units will be tendered. Developers work with Centaline Mortgage and Meridian Mortgage to provide low down payment or low interest mortgage plans. Wang Meifeng, the managing director of Centaline Mortgage, said that the planned full-term mortgage is H plus 1.3%, based on yesterday's H of about 0.27%, and the actual interest rate is about 1.57%, which is 0.93% lower than P. In addition, the "low down payment discount" can take up to 70% of the mortgage, the repayment period can be as long as 25 years, and the full interest rate is P (P is 5.5%). Tseung Kwan O MONTEREY, a subsidiary of the same family, has launched three special units, and the tender will be closed next Monday; Kai Tak OASIS KAI TAK will also launch three low-seat special units for tender next Monday.

Chevalier Partners URA cooperated with Ma Tau Kok Jinhui to launch a five-unit tender. The tender will start next Tuesday and the tender will be closed on June 30 next year. The 5 units include the 27th floor units A, B, and C with special platforms, with a saleable area of 797 to 929 square feet, a platform area of 145 to 167 square feet, and a duplex unit A on the 28th to 29th floors, with a saleable area of 1,551 square feet and a platform area of 398 Square feet, and duplex B units on the 28th to 29th floors, with a saleable area of 1,498 square feet and a platform area of 652 square feet.

Golf. Yuyuan Rigu 3 Bungalow

In terms of new real estate transactions, Henderson Land’s former golf club at Fanling Golf Course. Yuyuan sold 3 houses in succession yesterday, and sold 8 houses during the month, with a total of more than 410 million HKD in cash. Han Jiahui, general manager of the business (2) department of Henderson Property Agency, said that recent transactions of bungalows in this real estate have continued. Yesterday, three bungalows were sold, all of which were sold with double parking spaces. The transaction price ranged from 50.6 million to 52.6 million yuan, and the total cash out exceeded 1.5. 100 million yuan. The bungalows sold yesterday included A5, A10 and B6 bungalows, of which B6 bungalows had the highest selling price. The bungalows had a usable area of 2,666 square feet and included 1,309 square feet of garden. Han Jiahui continued that the building has the advantages of five ports and two airports, and it will take full advantage of the development opportunities in the Greater Bay Area. It will add more bungalows to the market in the short term. Currently, 335 units have been sold for a total of more than 3.5 billion yuan.

Translated by 28Hse.com . All right reserved.