Xingkai Embankment sells 441 units in the first round, the best delivery rate of new homes this year is over 80%, sells 170 units on Sunday

28Hse Editor  2021-10-18  #New Properties

The first round of sales of 536 units in Fotan Xingkai Embankment, a subsidiary of Zhongzhou Real Estate, took place over two days in the past weekend. Following Saturday’s sales of 271 units in the large-handed group of Group A, the remaining 265 units were sold in Group B on Sunday. According to market news, as of 3 pm yesterday, about 170 units were selected by buyers. In other words, the first round of sales of the project temporarily recorded about 441 units. In terms of the number of units, it is expected to be the best new market in the first round of sales this year, accounting for 82% of available-for-sale units. Due to the ideal sales situation of the market, the first-hand transaction in Hong Kong and Japan recorded about 488 units in the past Saturday. The correspondent bank expects that one-handed transactions this month are expected to exceed the level of 2,000. reporter Yan Lunle

Xingkai Embankment conducted the first round of sales in the past weekend, involving 536 units. The number of units sold has set a new record for the first round of sales. The developer will start the sale in two days. Saturday is a group A high-end time and internal subscription. Yang Congyong, director of marketing planning of Zhongzhou Real Estate, said that 271 units of real estate were sold on Saturday, with more than 3 billion yuan in cash, of which 20 units were for internal subscription, and a total of 18 units were sold. On the first day, buyers accounted for more than 60% of buyers, and more than 30% chose to pay for construction. The largest buyer was the purchase of 4 units.

New goods will be on the market soonest on weekends

The real estate project went through the B group building selection procedure yesterday. It is understood that the project cut off the ticket before the day and collected 25,130 votes, of which group B passengers accounted for 16,567 votes. Approved buyers and agents arrived at about 9 a.m. yesterday, queuing up to fight snake cakes, and the scene was horrified. Yang Congyong said that the real estate selection started at 10:30 in the morning, and 50 units were subscribed in the first half an hour. According to news, as of 3 pm yesterday, 170 units were sold in Group B, and about 441 units were sold before and after the first round of sales throughout the weekend, accounting for 82% of the saleable units. The developer stated that it will be launched within the shortest day, and the second round of sales will be carried out on the following weekend.

Xingkai Embankment provides 1,335 units with an area of 228 sq. ft. to 2,001 sq. ft. and is expected to be completed and occupied by the end of March 2023. Yang Congyong said earlier that the project will be launched within the day, and there will be room for a price increase, with an increase of about 5% to 10%. The goal is to sell 80% of the total 1,335 units of projects this year, that is, more than 1,080 units.

More than 2,000 single-handed orders this month

Bu Shaoming, chief executive of Midland's housing department, said that the main group B house selection yesterday was mainly users, accounting for about 70%. The bank’s young customers accounted for about 60%, and buyers were mainly from the New Territories, accounting for about 80% of the total. In addition to Xingkai Embankment this month, Tseung Kwan O also has a large market for sale, and it is expected that the first-hand transaction will exceed 2,000.

Chen Yongjie, vice chairman and president of the residential department of Centaline Property Asia Pacific, also pointed out that the buyers of the project yesterday were mainly users, and most investors had arrived on Saturday to choose the buildings, and the proportion of users accounted for 60% to 70%. He believes that after the past weekend in the first-hand new market, the transaction volume will surpass 1,000 transactions. Coupled with the deployment of multiple full-scale projects, the transaction is expected to reach 2,000 to 2,500 this month.Zong.

Owners of used properties in urban areas lose money

While new disks are selling hot here, some used disks in urban areas have recorded losses. According to the news, the middle floor D of Block 3, Ho Man Tin Haotian, with an area of 529 square feet and two rooms separated by two rooms, has just been sold for 11.9 million yuan, and the price is 22,495 yuan per square foot. According to information from the Land Registry, the original owner of the unit purchased the unit in March 2018 for 13.352 million yuan, and the book loss was 1.452 million yuan or more than 10% in three years.

In addition, it is rumored that Room D on the lower floor of Block 3, Homantin ONE HOMANTIN, with an area of 499 square feet and two-room separation, was recently sold for 10.5 million yuan at a price of 21,042 yuan per square foot. The original owner of the unit bought the unit for 108.668 million yuan in 2016. The 5-year book loss is about 370,000 yuan or 3.4%.

However, Long Ping No. 8 in Yuen Long left the market with a first-hand unit profit. According to Wang Qinxue of Centaline Property, Long Ping No. 8 has recently recorded a sale of 2 high-rise C rooms, with an area of 337 square feet and a one-room partition. The buyer is a passenger on the bus. The original owner bought the unit with one lot of 4.045 million yuan in April 2016, held the goods for about 5 years, and made a book profit of 2.255 million yuan or 56%.

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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