Several urban areas are deployed within a month. Vanke Hong Kong executive director Zhou Mingxi said that VAU Residence on Freedom Road in Ho Man Tin will announce the first price list today, involving at least 50 units. The price refers to the same district. For a second-hand building, it is emphasized that the group’s consistent policy is to set a reasonable price, and is considering launching a vaccine discount plan. The demonstration unit will be opened to the public on the same day, and it will be sold as soon as next weekend.
Regarding the sales, Zhou Mingxi believes that the project is located in a traditional luxury residential area and the current market conditions are positive. He is not worried that the project will affect the sales due to the uncompleted period of about one and a half years. As for the seven special households set up in the project, he said that he plans to sell them through bidding later. There are 3 standard handover model flats in the market, which are a 210-square-foot studio, a 285-square-foot one-bedroom, and 388-square-foot two-bedroom households. Among them, the master room of a 285-square-foot one-bedroom apartment comes with a wardrobe.
Victoria Harbour 1 or upload the building book next week
On the other side, China Overseas's No. 1 Victoria Harbour, located at 21 Shing Fung Road, Kai Tak, was approved for pre-sale of uncompleted units yesterday and is expected to be launched in the short term. You Weiguang, managing director of China Overseas Land, said that the project is expected to be the first residential project in the Kai Tak Runway Recreation Area. The demonstration unit is nearing completion and the sales brochure can be uploaded as soon as next week. The project consists of 2 high blocks and 1 low block, providing 1,059 units.
Cullinan sold more than 200 million featured households
New luxury homes continue to record transactions. SHKP’s Kowloon Station Cullinan sold a special unit on the 12th Floor, Block 20, District 2 (Ocean Diamond Seal), with a unit area of 2,585 square feet, including 2,011 square feet through a tender for 201 million yuan with parking spaces yesterday. The price per square foot is 77,756 yuan per square foot on the platform. The transaction price is the highest in a single transaction of Cullinan since the end of 2013, when the new first-hand sales regulation was implemented. The same family of Shatin Longposhan also sold 3 units through tender yesterday, with transaction prices ranging from RMB 17.968 million to RMB 36.117 million, and from RMB 18,448 to RMB 26,674 per square foot.
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