2024-05-10 28Hse Editor
The effect of returning to normal customs clearance, the new market continues to be active. The first phase of the residential project at No. 15 Shing Fung Road, Kai Tak (former runway area) jointly developed by K. Wah, Wheelock Properties and China Overseas is named Kai Tak Bay 1, providing 1,017 units, which will be launched after the Chinese New Year. The first batch Units will be sold at discounted market prices. At the same time, the first-hand market has recorded multiple transactions worth over 100 million yuan. A high-roller paid more than 160 million yuan to purchase 8 units of Harbor Plaza II in Southwest Kowloon. Housing units were sold for more than 100 million yuan. ◆reporter Liang Yueqin
Kai Tak Bay is developed in two phases, providing a total of 2,138 units. The first phase, namely Kai Tak Bay 1, consists of one building, including Blocks 2A, 2B and 2C, providing 1,017 units. The standard units range from one-bedroom to three-bedroom, with two-bedroom units being the main focus. K. Wah International Sales and Marketing Director (Hong Kong Real Estate) Wen Weiming said yesterday that the preparation for the sale of the project is "ninety ninety" and is currently studying the market trend. The unit will be released for sale as soon as possible. The pricing will refer to the same district and Hong Kong Island East , the first batch of units will be launched at discounted market prices and will be ready to go after the Chinese New Year.
Huang Guangyao predicts that the developer will launch a moderate amount of projects
Wen Weiming also pointed out that the resumption of customs clearance has brought Hong Kong back to normal gradually, but the economy is still recuperating. He hopes that the government will continue to attract investment. It is expected that the market will improve in the second half of the year, and the property market will develop steadily this year. On the same occasion, You Weiguang, Managing Director of China Overseas Properties, believed that after customs clearance, this year's property market will definitely be better than last year. Huang Guangyao, executive director of Wheelock Properties, also pointed out that good news has appeared frequently recently, the economy has returned to normal, the transaction of first-hand and second-hand properties has seen an increase, and property prices have also stabilized. It is believed that there will be a significant rebound after the Chinese New Year. Developers There will also be a moderate amount of launches. It is expected that property prices will increase by about 5% to 8% this year.
More than 160 million buyers swept 8 units of Harbor Plaza II
The sales of new properties are becoming increasingly active, and the market transactions are booming at the same time. Wheelock Properties, Sino Land, K. Wah International and Java Holdings are located in Harbor Plaza II, Southwest Kowloon. Yesterday, a group of customers spent more than 160 million yuan to buy 8 units, which are located in Room D on the 20th to 28th floors of Block 3A. Among them, Room D on the 28th floor of Block 3A, with an area of 790 square feet, was sold for 21.5 million yuan, or 27,215 yuan per square foot.
In addition, Sino Land partnered with China Electronics Co., Ltd. in cooperation with ST. GEORGE'S MANSIONS, Kadoorie Hill, Kadoorie Road, Ho Man Tin, and recorded another transaction yesterday. Unit A on the 7th floor of Block 1 was sold for RMB 104.5 million. 48,832 yuan. Since the project entered 2023, 6 large houses have been sold in just 10 days, attracting nearly 600 million yuan. Tian Zhaoyuan, executive director of Sino Land, said that the stabilization of the epidemic and the normal customs clearance between the mainland and Hong Kong have improved the market sentiment. Buyers have confidence in the property market and have accelerated their pace of entry into the market, with luxury properties taking the lead.
The price of 4 bedrooms in Yunjing is 50,000 per sq.ft.
China Resources Land (Overseas) and Poly Real Estate cooperated with Kai Tak Yunjing to add another record of over 100 million yuan in transactions. The unit was Room A on the 23rd floor of Block 1, which was sold for more than 105 million yuan, with a price of more than 50,561 yuan per sq. It is even a new high in the former runway area. The unit is a four-bedroom, three-suite unit with a private elevator lobby compartment, with an area of 2,088 square feet. The developer said that customs clearance is good for the property market, and it is believed that there will be more demand for high-quality first-line sea view luxury properties. Since the project was launched at the end of last year, 30 units have been sold, with a turnover of more than 1.53 billion yuan.
In order to cooperate with customs clearance and the "High-end Talent Pass Program", Centaline Mortgage and Centaline Real Estate jointly launched the "Citywide Arrival Mortgage Restart" preferential mortgage. Wang Meifeng, Managing Director of Centaline Mortgage, said that customers can freely choose "H Mortgage" or "P Mortgage". Qualified green mortgage applications can also receive relevant cash rewards, and can also enjoy high deposit interest accounts. In addition, Centaline Mortgage also offers free mortgage consultation.
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