Wetland Seasons Bay 300 sq. ft. discounted from 4.55 million. The first batch of 245 units was offered with a second-hand online registration ticket

28Hse Editor  2021-08-11  #New Properties

In August, the new property was rushing to grab customers. Taking advantage of Wang On Property’s price of more than 20,000 yuan per square foot in Tsing Yi, Sun Hung Kai Properties announced the first of its largest new property this year in Wetland Seasons Bay Phase 1 in Tian Shui Wai. The price list totals 245 units, deducting up to 17.5% discount, the discounted average price per square foot is 13,698 yuan, which is 5.6% higher than the first discounted average price of 12,968 yuan per square foot for the first phase of the neighboring Wetland Seasons Park in September last year, but it is close to the current same district. Second-hand price per square foot, a 300 square foot one room discounted admission is 4.5506 million yuan. The project will open the demonstration unit and collect tickets tomorrow afternoon. There will be online registration for tickets this time. It is expected that the first round of sales will be launched as soon as next week. reporter Liang Yueqin

Lei Ting, deputy managing director of SHKP, described the opening price of Wetland Seasons Bay Phase 1 as "everywhere, with unlimited appreciation." He believes that the project will benefit from economic activities in the Greater Bay Area. Ten thousand yuan, I believe the project has a lot of room for appreciation. He also pointed out that the recent frequent activities in the second-hand market and the control of the epidemic can enhance buyers’ confidence in buying homes. He also pointed out that the stock market has fluctuated up and down, and everyone is accustomed to it. Buying a property is a long-term investment. .

Tax rebate for payment during construction period

The first price list for Wetland Seasons Bay Phase 1 totals 245 units, with a saleable area ranging from 300 to 795 square feet, covering one-bedroom to four-bedroom households, of which 12 units are front-row villa units, priced from 5.5159 million to 13,633,100 yuan, with a maximum deduction of 17.5. % Discount, the discounted price is 4.5506 million to 11.2473 million yuan. SHKP Acting General Manager Hu Zhiyuan said that the first price list offers two payment methods, namely, up to 17.5% discount for supply, and up to 10% discount for payment during construction period. In addition, two tax rebates are provided in conjunction with the construction period payment, among which first-home buyers can receive up to 7% discount and 3% rebate, and flat-swap buyers can receive up to 2% discount and 9% rebate. At the same time, this time, we provide backup two mortgages for buyers of construction period payment, the first 36 months of interest is P-2.5%; and the Super second mortgage, the first 60 months of interest is H+1.3%.

Chen Yongjie, vice chairman and president of the residential department of Centaline Real Estate Asia Pacific, said that the opening price of Wetland Seasons Bay Phase 1 is a surprise, which is close to the price per square foot of the previous project Wetland Seasons Park in the region under the epidemic situation last year. In fact, the Central Plains City Leading Index CCL, which reflects second-hand property prices, rose by 6.8% over the same period, and New Territories West property prices even outperformed the market, rising by 8.8% over the same period. The property market is currently on the rise. Wetland Seasons Bay was launched at last year’s price. In fact, the market price was 10% lower.About 4.55 million yuan, the price is attractive, after the completion of the project, the lease is expected to be 33 yuan per square foot, with a return rate of about 3%.

Rent per square foot is expected to reach 33 yuan, return rate of 3%

Bu Shaoming, Chief Executive of Midland Realty's Residential Department, said that the price of Wetland Seasons Bay Phase 1 starts at RMB 12,375 per square foot. The asking price is close to second-hand in the same district, and is similar to the same Wetland Seasons Park Phase 3 of about 13,000 yuan. At present, second-hand housing estates in the area The admission fee of Kingswood Villas is about 5 million yuan, and the average price per square foot is about 11,300 yuan. As for the newer Park Towers in the same district, the price per square foot is about 13,100 yuan, and the Vianni Heen also needs about 12,000 yuan. The price of the sub-project is quite competitive, and it will further seize the second-hand purchasing power. He predicts that after the project is completed, the rent per square foot can reach about 33 to 35 yuan, with a return rate of about 3%.

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