Driven by the good news of customs clearance, the new project has restarted. The industrial building reconstruction residential project at No. 21 Wangye West Street, Yuen Long, a subsidiary of Star Properties, was named Yuhou. The chairman and CEO of the group, Chen Wenhui, said that the pre-sale consent for the project is pending, and it is expected to be launched in the first quarter of this year. With reference to real estate in the same district, I believe it will be reasonably attractive.
He pointed out that after the rain, 335 units will be provided. The types of units include open-plan units, one-bedroom, two-bedroom and three-bedroom units. The key date for booking is end December 2023. The project is adjacent to Long Ping Station, and it takes only 2 minutes to walk to shopping malls and commercial projects in the area, including The Rainbow and Long One Plaza.
Regarding the fact that there will be a lot of new properties queuing up for sale after the Lunar New Year, Chen Wenhui said frankly that there are indeed many new properties, but last year’s backlog and this year’s demand are estimated to reach 20,000 to 30,000 units. In addition, Hong Kong and the Mainland have resumed quarantine-free customs clearance. If there is no sign of the top, property prices will definitely show an upward trend, and property prices will inevitably appreciate under inflation. He is confident in the prospects of the property market.
The price of 128 WATERLOO is a new high of 27,800 square feet
Top Spring International and Chun Wo Development Group jointly developed the property located at 128 WATERLOO in Ho Man Tin. Yesterday, another large transaction was recorded for a four-bedroom household. Room H on the 12th floor was sold by tender. It is a four-bedroom double set with a storage room. The transaction price was RMB 35.071 million, or about RMB 27,878 per square foot.
For other goods at the end of the day, we will cooperate with agents to promote customs clearance promotions. Among them, from now until January 31, all purchasers of Minmetals Real Estate located in the blue east bank of Yau Tong through Centaline, Midland, Rica Court, and Hong Kong Real Estate will receive a travel gift certificate worth 10,000 yuan; Wheelock Properties, Sino Land, K. Wah International and Java Holdings jointly develop any phase of Harbor Plaza in Southwest Kowloon. The first five three-bedroom to four-bedroom buyers will receive 20,000 yuan New Year gift certificates, with a total value of about 10 ten thousand yuan.
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