Royal Bay II adds 42 units of 5.678 million admission

28Hse Editor  2021-04-19  #New Properties

The impact of the epidemic on the property market has gradually increased. Recently, sales of new properties have slowed down, and developers have become cautious in launching properties. After the first price list of Tuen Mun Royal Bay II was announced last Thursday, it was decided yesterday that the original price was increased. The second price list involved 42 units, with a discount of up to 22%, and the discounted average price per square foot was about 18,730 yuan. The fee is 5.678 million yuan. According to the news, the project has received 700 votes since last Thursday. Based on the 130 units of the first two price lists, the excess is about 4.4 times. reporter Yan Lunle

The general manager of SHKP Agency Business Department Zhang Zhuo Xiumin said that the No. 2 price list of Royal Bay II was added yesterday, involving 42 units. The saleable area of the units ranged from 299 square feet to 448 square feet. Among them, there are 21 units in 1 room, accounting for the additional units. About half, the other 21 units are two rooms. In terms of selling price, calculated on a 60-day payment plan, taking into account the maximum 22% discount, the discounted price is between RMB 5.678 million and RMB 8,558,100, the discounted price per square foot ranges from RMB 17,923 to RMB 20,450, and the discounted average price per square foot is RMB 18,730.

Compared with the discounted average price per square foot of the first price list of RMB 18,419, the average price per square foot of this batch of units is 1.6% higher. Zhang Zhuo Xiumin pointed out that this price list is an increase of the original price. The industry believes that it is mainly due to the different floors and landscapes. The project is located at No. 23 Haihuang Road, Tuen Mun, and provides 406 units, ranging from open-plan to 3-bedroom units, with additional characteristic units.

26 first-hand transactions recorded over the weekend

In terms of other new properties, as there were no new markets for sale at the weekend, the market mainly sold tail units. A total of 26 transactions were recorded in the two days. Among them, Poly Real Estate’s Qingshan Bay house project, Yuyu, recorded two transactions yesterday, both of which belonged to five rooms and five sets, namely houses No. 18 and No. 19 respectively. House No. 18 has a saleable area of 4,216 square feet. It was sold for 122.64 million yuan, with a price of 29,000 yuan per square foot. House No. 19 has a saleable area of 4,153 square feet and was sold for RMB 122,533.5 million at a price of RMB 29,500 per square foot.

133 PORTOFINO house sold nearly 100 million

In addition, 133 PORTOFINO, a mansion on the opposite side of the sea in Saigon, owned by Sino Land (0083), sold 5 bungalows yesterday, with a saleable area of 3,460 square feet, 5 bedrooms and 4 suites with workers’ suites, built-in elevators, and a transaction price of 98 million yuan. , The price is 28,324 yuan per square foot, a record high for the total project price. The new model house is open for guests to visit by appointment. It is understood that since the launch of 133 PORTOFINO last year, 16 units have been sold, including 2 units of bungalows and 14 units of flats, with a total cash of over 560 million yuan.

As for Mid-Levels West, Shangjing developed by Jingjie Real Estate, three units will be launched in the form of open tender, namely 16B, 17B and 18B, with a saleable area of 2,206 square feet, and each unit with 1 covered parking space. The bidding unit does not set a guideline price. The bidding starts on April 22 and ends on July 21.

It is understood that Shang Jing only provides 38 units. The 6th to 27th floors are residential floors. They are designed with one ladder and two units. Each unit is more than 2,000 square feet in size and has a large area of 4 bedrooms. So far, 13 units have been sold.

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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