The new property is getting smaller, the price is getting more expensive, the property price is getting more expensive.

28Hse Editor  2021-04-29  #New Properties

The new market war in the urban area is heating up, and the expensive property prices and the small-sized Nano Disk have joined the rush. Qianwang Yanchang Street, Mong Kok, whose off-the-plan property under the Sino-Ocean Group has lasted nearly two years, announced its first price list of 30 units yesterday. With a discount of up to 15%, the discounted average price is RMB 22,544 per square foot. The first batch of ONE SOHO on Shantung Street, Mongkok, Mongkok in the same district is about 4.7% higher than the average price per square foot of 21,538 yuan, which is also slightly higher than the second-hand price in the same district. However, the entrance fee is lowered due to the small size of the unit. The actual admission of households was 3.978 million yuan. However, the first batch of the smallest open-plan units with a saleable area of only 172 square feet actually cost 4.14 million yuan in discount, and the discounted price per square foot reached 24,067 yuan. Developers even provide 80% one-click to help get on the car. reporter Liang Yueqin

Wang Weirong, assistant sales director of Sino-Ocean Group, described that Qianwang’s first price list was the "City Core Start Price". The first batch of 30 units included 12 open-plan units, 15 one-bedroom units and 3 one-bedroom units with study room. 172 to 318 square feet, deducting the maximum 15% discount, the discounted price is 3.978 to 7.132 million yuan, the 227-square-foot one-bedroom discounted admission is 5.2955 million yuan, and the 318-square-foot one bedroom with study room discounted admission is 7,029,500 yuan.

Provide 80% one-click to help get on the car

Developers provide "Construction Period Payment Plan" (based on the fixed price minus 4%), "Cash or Instant Mortgage Payment Plan-180 days settlement" (based on the fixed price minus 7%), "Cash or Instant Mortgage Payment Plan-420 days settlement" "(According to the fixed price minus 5.5%) and "Super First Mortgage Plan-180 Days Transaction" (according to the fixed price minus 4.5%) payment methods. Among them, the "Super First Mortgage Plan-180 Days Transaction" has a one-off mortgage of 80%, a loan period of 25 years, and a full-term mortgage interest of P-2.75% (P=5.25%).

Rent over 60 yuan per square foot to absorb tenants

The current second-hand price per square foot in Mong Kok is about 18,731 to 21,945 yuan. Chen Yongjie, vice chairman and president of the residential department of Centaline Property Asia-Pacific, said that the first price list of Qianwang in Mong Kok is attractive and has a discount compared to second-hand housing estates in the same district. In addition, the discounted entry price is only 3.978 million yuan, which belongs to the urban area this year. At the first time, the discounted prices of the first batch of units are all less than 8 million yuan, which can afford a higher mortgage. It is expected that Qianwang will have a chance of more than 60 yuan per square foot in the future, which can attract car passengers and investment tenants. Enter the market.

ONE SOHO in the same district received more than 1,100 votes

The response of ONE SOHO in the ticket collection in the same district continued to be satisfactory. According to the news, as of last night, more than 1,100 votes were collected. With 168 people on sale this Saturday, the over-registration was 5.54 times. Tian Zhaoyuan, co-director of Sino Land Group, one of the developers, said that ONE SOHO will cut the ticket at 3 pm tomorrow. Most of the ticket holders are young buyers, about 70 to 30 to 35 years old.

Jingluo Mortgage Referral Operations Director Zhang Haoxi said that the bank provided customers with"Buy a high percentage H per offer", the full-term interest rate is as low as H+1.3%, the upper limit is as low as P-2.75%, the capped interest rate is 2.5%, the cash rebate is as high as 1.2%, and a special high-interest deposit account . He pointed out that the interest rate has fallen below 0.1% in recent days. Based on the one-month interbank interest rate of 0.09% yesterday (April 28), the actual interest rate is less than 1.4%. Compared with the same period last year, the capped interest rate of 2.5% is still required. The amount has been "reduced" by more than 1%.

THE HENLEY I is open today

On the other side, Lin Damin, general manager of the business (1) department of Henderson Property Agency, said that the first price list for Kai Tak THE HENLEY I will be announced today for at least 96 units, including one-to-three-bedroom households, which will provide 85% of the mortgage, and individual units will consider it. Provide more than 85% one-click, open the demonstration unit to the outside world and collect tickets tomorrow, the fastest this weekend, the special households may simultaneously launch tenders, there is a chance to sell next week.

Lin Damin pointed out that THE HENLEY I is Kai Tak's first project with a sports park and Victoria Harbour view. It is different from the properties that have been launched for sale in the same industry area. Recently, many enquiries have been received and they are very confident in sales. He said that the CLUB HENLEY project club has an area of more than 32,000 square feet and a green garden area of more than 30,000 square feet. It is divided into 6 themed areas, including interactive lighting, a 35-meter outdoor swimming pool, and a central location with an area of about 900 square feet. Fitness garden with outdoor fitness equipment HENLEY TREE.

GRANDE MONACO sells 37 units on Sunday

The Kai Tak Grande Monaco, a subsidiary of Wheelock Properties, took advantage of the opportunity to push the remaining units. On Sunday (May 2), 11 units with saleable area ranging from 446 to 501 square feet, all of which are two-bedroom units, are discounted to 11.377 million. 12.535 million yuan, a discounted average price of 25,529 yuan per square foot. In addition, 26 units of special households were launched by tender on the same day.

KOKO HILLS of the same family Lantian launched the "Mother's Day "Buy" Love Family Award". Buyers who purchase designated 2-bedroom units directly from the developer from May 2 to May 9 will receive an additional 1.5% discount.

Mong Kok Qianwang's first price list information

Number of units: 30 units

Usable area: 172 to 318 square feet

Price: 4.68 million to 8.39 million yuan

Average price per square foot: RMB 26,522

Maximum discount: 15%

Discounted price: 3.978 million to 7.132 million yuan

Discounted average price per square foot: RMB 22,544

Watchmaking: reporter Liang Yueqin

Latest practical price per square foot of neighbouring second-hand housing estates

Cadolixuan: 22,160 yuan

Yixin: 21,945 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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