Nearly 1,002 units will be involved in 3 urban transactions next month

28Hse Editor  2022-10-27  #New Properties

The new property market has restarted. In November, at least 3 new properties in urban areas were put on sale, providing a total of 1,182 units. Among them, Yau Tong Langyu, which has a scale of more than 600 units and is jointly developed by Poly Real Estate and Shangjia Holdings, and Zhu Meiyi, Director of Sales and Marketing Department of Poly Real Estate (Hong Kong), pointed out that the project has been approved for pre-sale of uncompleted properties, and there is a chance to launch within a month. Loushu will be put on sale as soon as next month.

Long Yu has been approved for pre-sale of uncompleted properties

Long Yu is located at No. 29 Ko Chiu Road, Yau Tong, providing 634 strata units ranging from 246 to 1,601 square feet, of which one-bedroom and two-bedroom accounted for nearly 85%. The estimated key date is March 31, 2025, Poly Real Estate (Hong Kong) 70% stake in the project. Zhu Meiyi said that the price will be based on the recent new market pricing and Kowloon East real estate.

Lianfang I or upload the building book within a week

Another urban area, the residential and shopping mall development project at No. 233, Medical Council Street, Cheung Sha Wan, under Vanke Hong Kong Development, is named Lianfang and will be developed in two phases. Zhou Mingxi, executive director and deputy general manager of Vanke Hong Kong, said that Lianfang I will upload the sales brochure within the week and announce the first price list as soon as early next month. put on sale.

Lianfang I provides 158 units, ranging from studios to two-bedrooms, with an area of about 230 to 600 square feet. The key date is June 30, 2024. Bao Jinzhou, executive director of Vanke Hong Kong, said that the project only takes about 6 minutes and 7 minutes to walk to Nanchang and Changshawan MTR stations respectively, and the transportation is convenient.

KOKO HILLS 3rd Look forward to the sale of real estate papers

As for the executive director of Wheelock Properties, Huang Guangyao, said that the third phase of KOKO HILLS in Lantian is waiting for the approval of the sale papers, and is preparing the property brochures and demonstration units, and expects to launch the sale in November. The developer said earlier that it will launch the sale in two phases, and the 3A phase will be launched first, involving more than 390 units, focusing on one-room to two-room households.

Huang Guangyao also pointed out that Kai Tak MIAMI QUAY I, developed by Wheelock Real Estate in cooperation with Henderson Land, New World and Empire, has sold 44 units so far, with an average transaction price of about HKD 24,500 per square foot, and further promotions will be made in due course.

Bologna overcharged by more than 41 times

On the other hand, SHKP’s Yuen Long Kam Tin North PARK YOHO Bologna’s first round of sales closed yesterday and received a total of 2,577 votes. With 60 units on sale today, the over-registration was over 41 times, and another 6 units of featured households were tendered. After the Kowloon Station Arc de Triomphe, which has been in the Kowloon Station for 17 years, has been posted upstairs recently, it announced yesterday that it will launch the tender for the B-room on the 77th to 79th floors of Block 2, with an area of 2,682 square feet and a platform of 1,265 square feet. It will be released from November 1 to Bids will be closed daily on January 31 next year.

Henderson Land's Fanling North ONE INNOVALE - Cabanna has accumulated more than 1,000 votes as of 8 o'clock last night, which is 7.8 times over-registered compared to the 113 units sold at the price list this Saturday.

As for Mongkok Junhui, which is jointly developed by Yizhao and Chun Wo, Hong Kong Real Estate and Meridian Mortgage Referral have launched a high-percentage mortgage discount. The mortgage interest rate is as low as H+1.3% for the whole period, and the upper limit is as low as P-2.75%, that is, the capped interest rate is as low as 2.625%, the mortgage-to-value ratio is as high as 90%, the cash rebate is as high as 2%, the tenure can be up to 30 years, and a special high-interest account is also available.

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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