SHKP's Tuen Mun grand plan to be launched in June

28Hse Editor  2022-04-29  #New Properties

With the easing of the epidemic, developers are actively deploying new projects for sale. SHKP's Tuen Mun Siu Hong District 54 project is one of the most eye-catching projects this year, providing nearly 4,600 units. It is not only the largest new project in the market in recent years, but also the largest private residential project in Tuen Mun District at present, ranging from open-plan to 4-bedroom. The developer officially named the project "NOVO LAND" yesterday, implying youthful vitality and innovation. The project is developed in 6 phases, all of which have applied for pre-sale consent. Phase 1A has 2 blocks, providing 824 units and is expected to be released in June.

NOVO LAND provides nearly 4600 units

As the largest private residential development project in Tuen Mun, Lei Ting, deputy managing director of SHKP, said that Phase 1A of the project has 2 blocks and provides 824 units. The key date is June 28, 2023, and the earliest June debut. The residents' clubhouse, together with public gardens and recreational areas, has a total area of about 400,000 square feet, and has its own shopping mall of more than 49,000 square feet, with complete living facilities.

NOVO LAND is located at No. 8, Xinbao Road, with a site area of 461,000 square feet. There are 14 multi-level residential buildings with a residential floor space of about 2,271,400 square feet and 4,585 units. It is the largest new project in many years, and it is also the largest new project currently pending. It is the largest of the new projects approved for pre-sale, nearly half the size of City One Shatin (10,642 units). The developer has applied for pre-sale in 6 phases.

HENLEY II or short-term push

In addition, Lin Damin, general manager of Henderson Property Agency Sales (1) Department, said that Kai Tak THE HENLEY II has temporarily received 288 tickets, and the first batch of 61 units was oversubscribed by more than 3.7 times. The project plans to push the No. 2 price list as soon as possible, and may join Xianghai standard households, with the opportunity to increase the price by 5%. And plans to announce sales arrangements in the next 2 to 3 days. As for the characteristic units facing the sea on the top floor of the project, the tender may be launched at the same time, and we are confident to set a new price per square foot in Kowloon East.

MARINE sells 30 units in the first hour

As for Wheelock Properties Kai Tak MONACO MARINE, 112 units were put on sale at the Hong Kong Prince Hotel in the second round, and 30 units were sold within 1 hour of the sale, cashing out 400 million yuan.

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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