Beidu's new property is more than 10% lower than the second-hand asking price in the same district

28Hse Editor  2022-10-22  #New Properties

ONE INNOVALE-Cabanna strikes at a low price, and the average square foot price is 14,088 yuan

The policy address vigorously promotes the "Northern Metropolitan Region", and new properties in the region are battling for customers. However, in the face of the pressure of interest rate hikes, the opening price is getting more and more flat. On the eve of the new project PARK YOHO Bologna in Kam Tin, Yuen Long, Yuen Long, the new property of Henderson Land will start to collect tickets tomorrow. The average price per square foot is 14,088 yuan, which is 2% lower than the first price list of the second phase of ONE INNOVALE -Bellevue in the same series, which was launched in the middle of last month. , the 186-square-foot open house has a discounted admission price of 2.763 million yuan, which is the lowest admission fee for new projects in the past year.

◆reporter Liang Yueqin

As the first new listing after the announcement of the policy address, Lin Damin, general manager of Henderson Property Agency Sales (1) Department, described the first price list of ONE INNOVALE - Cabanna as a "very forgiving price", which was 2% lower than the expected price. It has attracted market attention and is confident that the project will outperform the real estate in other areas. It is also pointed out that the project is located in the center of the northern metropolitan area. In the future, many civil servants and high-tech personnel will move into the northern capital.

Opened 2% lower than expected pricing

He continued that the project will start to collect tickets today and open the demonstration unit for public viewing, and there is a chance that it will be put on sale within a month. Regarding the launch of PARK YOHO Bologna in Yuen Long Kam Tin during the same period, whether he will be worried about robbing each other for customer sources, he believes that the location and unit area of the two new projects are different, and he believes that the customer source will also be different.

ONE INNOVALE - Cabanna's first price list offers 113 units, ranging from studios to three-bedroom units, with saleable areas ranging from 186 to 683 square feet. Among them, 13 units are open-plan units, 69 units are one-bedroom units, 26 units are two-bedroom units, and 5 units are three-bedroom units. After deducting the maximum 7% discount, the net price is 2.763 million yuan to 9.4181 million yuan. The same series of ONE INNOVALE-Archway and ONE INNOVALE-Bellevue uploaded the sales arrangement yesterday, showing that the sale of 9 units and 100 units for sale will be suspended from yesterday (October 21).

The first price list of 113 units with 2.763 million admission

Bu Shaoming, CEO of Midland Realty's Residential Department (Hong Kong and Macau), said that the first price list of ONE INNOVALE-Cabanna was 14,088 yuan per square foot. It is about 16% lower than the recent second-hand transaction price of 16,900 yuan per square foot in the same district, which reflects that the developer continues to adopt the strategy of “seeking volume” to sell goods at a low market price, and the policy address accelerates the development of the northern metropolitan area.Enjoying the geographical advantage, he predicts that the project can attract about 20% of the investors, and the rent can reach 45 yuan per square foot after the project is occupied, with a return rate of about 3%. Chen Yongjie, vice chairman of the Asia Pacific region and president of the residential department of Centaline Real Estate, said that the entrance fee for ONE INNOVALE-Cabanna starts at 2.763 million yuan, which is the most flat entrance price of Shangyi since last September, and it is expected to be quite attractive to passengers.

PARK YOHO Bologna will be added early next week

On the other side, the acting general manager of SHKP, Chen Hanlin, said that PARK YOHO Bologna, the existing building in Kam Tin, Yuen Long, has recorded more than 1,000 visitors every day. The remaining 30% belong to the customers in the region, and the remaining 30% belong to the customers outside the region. The featured customers have the opportunity to put on sale by tender in the first round of sales.

He pointed out that the project takes full advantage of the “Northern Capital”. It is close to the future Aotou Station of the Northern Ring Road and the proposed Kam Sheung Road Station of the China Railway Line. There are three stations from Kam Sheung Road Station to Kowloon Tong, and it is also close to Santian Science and Technology City. The distance between the two stations is expected to attract professionals to move in. Xie Wenjuan, managing director of SHKP Club, said that a 1% discount will be provided for designated persons to subscribe for the unit. This Saturday and Sunday, a mini balance car dynamic carnival will be held in the current building. In addition, all units in Phase 1 of Silicon Hill in Pak Shek Kok, Tai Po, are suspended for sale.

Arc de Triomphe suddenly upstairs book short-term auction of 1 special household

SHKP and MTR cooperated with Kowloon Station to cover the Arc de Triomphe and uploaded the sales brochure yesterday. Lei Ting, Deputy Managing Director of SHKP, responded to the inquiries of the reporter, saying that there are only three units of Arc de Triomphe left for sale, and one of them will be launched in the short term. On sale by tender.

According to the data, the Arc de Triomphe was launched in April 2005 and was launched in batches in the form of reservations. The average floor area price per square foot is 14,000 to 15,000 yuan. Among them, a top-floor characteristic household costs 168 million yuan, and the price per square foot is even higher at 31,300 yuan. Yuan, a new high in the price per square foot of luxury homes in Asia at that time.

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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