The lowest price of The Zumurud first 50 property is 36,840,000

recently mansion new real estate trading upturn, Cheung Kong co-development partnership with Walter Argyle Street, Kowloon The Zumurud announced yesterday the first batch of 50 property price list, price of HKD 26,622 per square foot, up 12.2% discount , the real average price per square foot off HKD 23,370, 4 tenant admission 3,684 million, Ho Man Tin district near Paxton the latest transaction price per square foot of about HKD 29,000lower by about 20%, but next to second-hand housing estates about 20% more expensive. Developers at the same time among the 15 partners will form up for sale by tender, closing date is May 31, create the desired higher price. Is regarded as rival Sun Hung Kai Properties development in Ho Man Tin cast the first two days, today announced sales will be deployed to fight back.

Cheung Kong Executive Director Justin Chiu describe,The Zumurud the first units belong to the super low price per square foot price, but also refers to the same area for several years has No 4 room flat supply. Cheung Kong real estate investment director Huangsi Cong pointed out that the first batch of 50 property also announced the price list of 15 property up for sale by tender form, one can easily understand the different buyers intend to purchase price in the eyes of the developer unit to as a reference to calculate. On the other hand these units easily tens of millions for tendering arrangements, the buyer can expect their own bid to buy your favorite unit, but stressed that the price is not a price list price guidelines.

Unit non-price guidelines emphasize price

Huangsi Cong also said that along with the recently announced tender partner units 10, This Property has launched a tender 25 property, all on May 31 closing, the remaining 35 property will announce pricing arrangements gross sales, the first batch of 50 property in later price lists More than 2.2 billion.

Price lists show debut The Zumurud 50 property price list, salable area 1,624 feet to 1,723 feet, the price ranged from $ 4,196 million to a single price HKD 4,694, price Total average price of HKD 26,622, account developers paying stamp duty and additional discounts, discount Nett HKD 3,684 from.

Nearby relatively flat first-hand your hand

According to statistics, at present, adjacent areas such as King's Park, second-hand housing estates, Celestial Heights, PARC, etc., the price per square foot of about HKD 16200-19600, The Zumurud hand than the asking price is at least 20% of the estates. Primary real estate as compared to Ho Man Tin Paxton price of the transaction feet about 2.9 million, The Zumurud is lower by about 20%.

This project was originally by the Cheung Kong in August 2010 to HKD 4.1 billion bid, after the introduction of the time management has left the earth Walter private capacity as a strategic partner. This Property offers 228 property, all of 1,500 feet above 4 tenant.

Frozen potential similar properties in the same district

CEO Midland Residential cloth less clear that the recent property market illiquid accelerate apart, then a relatively new real estate near The Zumurud recent hot, single block of new flats Jun Long Ft latest price of about HKD 29,000, as the last push sale Ho Man Tin days casting first units off the real price of about HKD 32,000, that The Zumurud asking price is a low water potential freeze trading in the same district grade silver property code, into ice.

Centaline Property Residential Asia Pacific president, Mr Chan said the recent real estate developers competing to start, The Zumurud is the market launch times are posted, guests choose to increase at the same time, I believe will lead to increased turnover. However, the hot recruit current situation amounts liter drop in price on the market, property prices will continue to fall 5% is expected, I believe that the Chamber of Commerce to develop a reasonable, stickers push real estate market, otherwise it will only wedding dress for others.