The property market has slowed down. Jianhao Real Estate Tuen Mun Shanglan conducted its first round of sales yesterday. A total of 79 units were sold. In the end, more than 40 units were sold, accounting for only about half of the saleable units. On the weekend, the first-hand transaction performance on the two days, as there were no large new houses, only small new houses and back-end units were on sale, and a total of 106 units were sold in the two days.
Nearly 70% of buyers use it for their own use
Jian Hao Real Estate Investment Manager Zheng Zhirong said that the first round of sales in Tuen Mun Shanglan yesterday morning, each group of buyers is limited to two purchases. Prospective buyers started to subscribe formally at 10 am, and more than 40 units have been subscribed in the first two hours. Among them, nearly 70% of the buyers purchased the units for their own use, and the rest were investors. Because they were optimistic about the future prospects of Tuen Mun, they planned to use them for long-term rent collection. The evening sale is still in progress.
It is understood that there are 112 units in Shanglan, located at No. 2 Jingxiu Lane, with a usable area of 265 to 290 square feet, all of which are one-bedroom standard households. They are expected to be completed and occupied by the end of July 2023. The 79 units of the project launched yesterday, with a saleable area of 265 to 290 square feet, were sold at a discount of 4.5018 million to 5.998 million. The project received 570 votes before the sale, approximately 6.2 times the excess.
According to the sales arrangement, the project will have the first round of lottery last Thursday, and prospective buyers will be divided into different groups. Prospective buyers need to report to the designated time on Sunday according to the results of the first round of lottery, and the developer will conduct the second round of lottery on the spot to determine the priority order of prospective buyers to subscribe for units. In the first round of sales, units will be subscribed on a first-come, first-served basis in the order of lottery, and each group of buyers can purchase up to two units.
Mr. Bu Shaoming, Chief Executive Officer of Midland Realty’s Residential Department, said yesterday that the bank’s customer attendance rate was close to 80% yesterday. Among them, about 80% were young buyers, users accounted for about 70%, and investors accounted for 30%. It is expected to reach the level of 45 yuan, and the rate of return is about 3%.
Chen Yongjie, vice chairman of Centaline Properties Asia Pacific and president of the residential department, said that the bank’s customer attendance rate was 70%, and New Territories customers accounted for 80%. Tuen Mun, Yuen Long, Tsuen Wan, etc. and neighboring areas accounted for the majority, and 20% were from Kowloon and Hong Kong Island. . Most of the buyers are young people between the ages of 25 and 30, and some of them are "baijuer" customers.
Chen Yongjie said that since July, about 1,100 first-hand transactions have been made, and about 1,500 first-hand transactions are expected throughout the month. Second-hand transactions have declined this month, mainly because of rising property prices. He believes that there are many favorable factors in the market, including the continued control of the epidemic. The economic recovery is progressing satisfactorily, the market is becoming clear, customs clearance is expected, and the market outlook is still looking good.
Fang Fei will be on sale soonest this weekend
In addition, Hip Shing Hong announced the first price list last week. The first 30 units, including 1-bedroom and 2-bedroom households, are practically 286 to 465 square feet, and the discounted price is about 6.8 million to 13,549,500 yuan. The average price per square foot is RMB 26,139. The project opened its position display and sales hall yesterday.
Chen Wanxia, senior project manager of Hip Shing Hong, said that as of 4 pm yesterday, nearly 3,80 were recorded.0 visitors. Depending on the ticket entry situation, there is a chance to increase the price and push it in the short term, and the first round of sale will be made as soon as this weekend. The news is that the project has received more than 30 tickets and has been fully subscribed.
