Silicon Hill Phase 1 adds 153 units with 3.8 million admission

28Hse Editor  2022-06-06  #New Properties

The first phase of Silicon Hill, a new project in Baishijiao, Xindi, has become the focus of the Dragon Boat Festival holiday property market. Last Friday, the first round of the same day estimated 170 units and cashed in 1.37 billion yuan. Lei Ting, deputy managing director of SHKP, pointed out at a press conference yesterday that the new price list involves 153 units, including 20 open-plan units with a usable area of 217 square feet, which is about 3.7988 million yuan.

He emphasized that the price list of No. 4 this time has a market value of more than 1.3 billion yuan in terms of fixed price, with a usable area of 217 to 580 square feet, involving open-plan to 3-bedroom units. RMB 3,798,800 to RMB 10,902,000, or RMB 16,427 to RMB 20,354 per square foot.

206 new units sold during the Dragon Boat Festival holiday

Under the big sale of Silicon Hill, other new projects also have bulk cargoes. Yuen Long Kam Sheung Road Station Park Long II recorded 2 more transactions, cashing out about 29.736 million yuan; Tsing Yi Huilan also sold 2 units, including Room A02 on the 2nd floor, with a usable area of 185 square feet and a 166-square-foot platform, with a price of 6 million It was sold at RMB 32,432 per square foot, a new high for the project. According to comprehensive market data, on the 3rd of the Dragon Boat Festival holiday, a total of about 206 first-hand and new properties were sold in the market.

In addition, the second-hand property market is gradually picking up. Based on the data of the four major agents, the top ten blue-chip housing estates recorded 13 to 21 second-hand transactions respectively during the Dragon Boat Festival three-day holiday. 21 transactions were recorded during the Dragon Boat Festival holiday in the Central Plains on the 3rd. Chen Yongjie, vice chairman of the Central Plains Asia-Pacific region and president of the residential department, predicts that the second-hand buying and selling atmosphere will remain stable.

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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