2024-05-10 28Hse Editor
The demand for home ownership is strong, and developers have launched additional units to respond to the market. Nan Fung Group's Tseung Kwan O Lohas Park LP10 launched the No. 5 price list, involving 179 units, offering a maximum discount of 20.5%. The discounted price starts from RMB 9.53 million, and the average discounted price per square foot is RMB 17,436. The project will announce the sales arrangement as soon as next Monday, and it is expected that there will be a chance to go on sale during the National Day holiday. The price list is about 6% more than the previous batch, but the latest construction cost is more than 10% discount to the average price per square foot of the same LP6 second-hand unit. reporter Li Zitian
Nan Fung Group's Hong Kong Real Estate Department Executive Director Xu Qian Rang said that the price list No. 5 has just been uploaded to Tseung Kwan O Lohas Park LP10, offering 179 units with an area ranging from 634 to 1,205 square feet. It is a 2- to 4-bedroom unit with a price ranging from 11.987 million to 28.382 million. The price per square foot is RMB 18,907 to RMB 24,602. The price list provides a discount of up to 20.5%. The discounted price is RMB 9.53 million to RMB 22.564 million, the discounted price per square foot is RMB 15,032 to 19,559, and the average discounted price per square foot is RMB 17,436.
Or upload the sales arrangement next Monday
Xu Qianrang pointed out that the new price list increased by about 6% compared with the previous batch, and the project was close to existing buildings. Property prices in the same district recorded an increase of about 7% during the year. The same LP6 also recorded a second-hand transaction recently, and the transaction price was higher than the purchase price. Nearly 30% high, so I have confidence in sales. The project will be re-received from this Friday, and the sales arrangement will be uploaded as soon as next Monday, and sales will begin next week.
When asked about the property market, Xu said that he supports policies that are conducive to the steady development of the property market and will continue to assist the government in increasing the supply of housing. It is expected that property prices in Hong Kong will rise by 5% to 10% throughout the year.
Li Zhendong, assistant general manager of the sales department of Nan Fung Development, pointed out that LP10 has sold 533 units so far, accounting for about 60% of the total number of 893 units. This price list is the first to launch a two-bedroom king-level ocean view unit in the project. It is Room B in Tower 2B, with an area of about 711 to 712 square feet. 2-bedroom apartment. The new price list includes 42 2-bedroom units with sea views, priced from 11.778 million to 16.658 million yuan, which is expected to create a new high price for the first-hand 2-bedroom in Kangcheng District.
Chen Yongjie, vice chairman and president of the residential department of Centaline Property Asia Pacific, said that the cost of this batch of LP10 units is more than 10% discount to the average practical price per square foot of the same series of second-hand LP6 units, which shows that developers are actively clearing goods and benefiting users. LP10 expects to repossess the property in the middle of next year, which is a short-term uncompleted plan. In addition, the US Federal Reserve has just announced that the interest rate will remain unchanged. The low interest rate environment in Hong Kong continues.
Nanpinghui open plan expected to increase prices
On the other side, Huang Zibin, the representative of Hongfu Far East, said that its Yuen Long Nanping Hui has sold about 21 units and cashed out about 120 million yuan. Huang Zibin pointed out that the project's bungalows have not been launched in the form of bidding or price list, and the selling price will refer to the cost of bungalows in the same district. There is room for a price increase for the open-type households, which is expected to be within 5% of the first price list. He also pointed out that the group leaderSecond to Hong Kong's investment in real estate projects, there are not many land reserves, but it will continue to look for suitable land for development, mainly residential land.
Bu Shaoming, Chief Executive of the Residential Department of Midland Realty, said that the project sold more than half of the flats within a short period of time, and the sales are satisfactory. The standard 1-bedroom units have been sold out, and one of the open-plan units recorded a record of 16,183 yuan per square foot. The price per square foot is the most expensive in the mountains. He mentioned that 80% of the buyers of the project are from the New Territories, while about 70% of the buyers are users, and another 30% are investors. The expected return rate is about 3%.
Midland said that from now on, buyers who purchase Nanpinghui's designated open-plan units through the bank will receive a "luxury furniture package" as a gift for the occupation. There are 3 places, 50,000 yuan each, on a first-come, first-served basis.
Fotan Star Kai Embankment approved for pre-sale
In addition, Zhongzhou Real Estate said that its large-scale residential project in Fotan, Xingkai Embankment, has obtained the pre-sale consent, and will start the sale immediately, and is expected to debut in the short term.
The project consists of 4 residential towers, providing 1,335 residential units with diversified intervals. The base of the property is equipped with a shopping mall of approximately 100,000 square feet.
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