2024-05-10 28Hse Editor
The entrance fee of Lianfang I is 4.16 million sq. ft. see 19,100 sq.
The Bank of Hong Kong announced a day before yesterday to raise the prime interest rate (P) by 0.25%, the second rate hike since the end of September. The sentiment in the property market has become more cautious. As of yesterday, two new listings have opened at low prices. Following the launch of the first batch of 56 price lists for Henderson Land Hung Hom Bijiafang Phase 2 Bijiafang Yinghui the day before, Vanke Hong Kong's new project in Sham Shui Po, Lianfang I, also announced the first price list yesterday, offering 50 units at a discounted price of 50 units. The actual average price per square foot is 19,188 yuan, which is 10% lower than the second-hand new housing estates in the same area. ◆reporter Li Zitian
The price list of Lianfang I No. 1 involves 50 units, with open-plan Studio (9 units), Studio Plus (10 units), 1 bedroom (23 units) and 2 bedrooms (8 units), with an area of 232 to 401 square feet, The price list is 4.952 million yuan to 9.309 million yuan, after deducting the maximum 16% discount, the discounted price is 4.16 million yuan to 7.82 million yuan, and the average square foot price is 19,188 yuan, which is 10% off the second-hand new housing estates in the same district. Let.
The developer added that the lowest selling unit in the price list is Unit A on the 5th floor, with an area of 232 square feet and open partitions. The discounted price is 4.16 million yuan, and the square foot price is 17,931 yuan. The lowest price per square foot is Room B on the 5th floor, with an area of 401 square feet and a 2-room partition. The discounted price is 6.999 million yuan, and the price per square foot is 17,454 yuan.
The first batch of 50 units are all less than 8 million
Zhou Mingxi, executive director and deputy general manager of Vanke Hong Kong, pointed out yesterday that although the price of the first batch of units in Lianfang I is at a discount than expected, the overall price is based on the first-hand property in the core area of Kowloon and the price of real estate in the same area. It is not ruled out that in the future Raise prices. He added that the market value of the first batch of 50 units is about 300 million yuan in terms of fixed price, and the discounted price of each unit is less than 8 million yuan, of which 42 units have a discounted price of less than 6 million yuan, which is the "Nanchang East starting price". The demonstration unit of the project was officially opened to the public at 3:00 pm yesterday. Tickets will be collected today. The sales schedule will be announced next week at the earliest, and the sales will be launched at the earliest in the first ten days of this month.
Chen Yongjie, vice chairman of the Asia Pacific region and president of the residential department of Centaline Real Estate, said that the price of Lianfang I can be described as a discounted price for interest rate hikes. With a 10% discount, it is expected that the first batch of units can be sold off smoothly. He believes that although the United States has raised interest rates again and the banks in Hong Kong have also raised the prime rate (P) by 0.25%, the small and medium-sized units in the urban area are still the type of units the market has been longing for, and the project has a railway concept.
He also believes that a number of new properties have been launched for sale this month, each with its own focus, attracting the market for car rental and property replacement.
Bu Shaoming, CEO of Midland Realty's Residential Department (Hong Kong and Macau), believes that the first batch of units in Lianfang I are attractively priced. He believes that in addition to attracting young users to get into the car, it can also attract a group of investors for investment and rent collection. Users, two become investors.
Bijiafang Yinghuiping Phase I 11%
After nearly 4 years of default, Hong Kong banks followed the US to raise interest rates. The day before yesterday was the second interest rate hike since the resumption of the interest rate hike cycle in Hong Kong. The current period coincides with the downturn of the economy and the property market, and the opening prices of new listings are also more cautious. Henderson Land Hung Hom Bijiafang Phase 2 Bijiafang Yinghui happened to announce the first price list the day before yesterday when the Bank of Hong Kong announced an interest rate hike. The first batch of 56 units has an average square foot price of 21,238 yuan, except for the first phase in June. In addition to the 11% lower price of $23,888, the developer has added a "contribution holiday" to the payment method. That is, the second mortgage loan that does not exceed 10% of the property price is entitled to a "contribution holiday" for the first 12 months, during which the principal and interest do not need to be repaid, thereby reducing the buyer's initial property burden.
Henderson Land may launch new property in Kai Tak next week
On the other hand, Henderson Land’s residential project at No. 8 Muk Tai Street, Kai Tak announced yesterday that it will be named HENLEY PARK. It will provide 740 units, with units ranging from 1-bedroom, 2-bedroom, 2-bedroom suites and 3-bedroom suites. Set up limited special units. Lin Damin, general manager of Henderson's Agency Sales (1) Department, said that the project has not yet received a satisfactory paper. It is expected that the booklet will be uploaded as soon as next week, and there is an opportunity to announce the first price list within this month, and the price will refer to the price of the same Henley.
He added that since its launch, The Henley has sold 552 units, with an average price of about 10.508 million yuan, an average square foot price of 28,138 yuan, and a cash-out of 5.8 billion yuan.
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