New property sell more expensive, the price of "flour" increase

Sha Tin, Tuen Mun 2 to mark the high expected

news (reporter Yan Lundu) Extra! "Flour Price" rise again. Hand to the good market conditions in recent months, the developer raised the price down, following the earlier high turnover Crown Yau Tong, Sha Tin and Tuen Mun yesterday the opening 2 to the same high prices granted. Castle Peak Bay, Tuen Mun, Hong Kong Ferry residential and Walter bid to more than $2.7 billion, the floor price of 4,085 HKD per square foot, in addition to high market cap of about 20%, the area of ​​land compared with a month ago also 22% higher. Another piece of rocky land in Sha Tin to 2.36 billion HKD bid by Sun Hung Kai Properties, the floor price of 5,448 HKD per square foot, more high market cap of 36%. Surveyors that the situation reflects the outlook developers regain confidence.

Castle Peak Bay, Tuen Mun have land last week, nine consortia into the standard, the Lands Department announced yesterday, HKF to more than 2.7 billion HKD bid. Statistics show that Castle Peak Bay residential floor can be built 663,062 sq ft, Click to calculate the floor price of 4,085 HKD per square foot, high market cap of $ 3,400 about two percent.

Hong Kong Tuen Mun Ferry built 1800 property

Lam, Chairman of the Hong Kong Ferry high speech said that the project will develop cooperation with Walter, we each about half interest in the land described easily cut, matching available nearby, also near the International School, built 1,800 small and medium sized units, with a total investment of about $ 6 billion. Statistics show that the land adjacent to the Gold Coast, Aegean and over the mountains and so on, but the front is a large land estates Gold Coast, Sea View is expected to be blocked.

With land area of ​​22% more expensive than a month

In fact, the past two years with the district tender pieces of land, a single count since last year alone six. But by the property market downturn, in June this year to buy the same district, Wing Tai Tai Lam floor price per square foot of land only 3,343 HKD tradedWas accused of land dropped back three years ago, market-sided Air Eau land market. Who would have thought this time HKF Castle Peak Bay just buy land, the floor price per square foot turned back on level four thousand yuan, land prices rose two percent in less than two months, a wash decadent air.

Even with last December Yongtai bid for another one of the same district Kwun Wat Road residential site to compare the web to the floor price of 4,008 HKD per square foot, this time Yijiao price was up about 2%. Midland Surveyors director Linzi Bin said the two land prices are much higher than the market expected the grant, I believe due to the recent trading performance over new flats, plus two land development scale, so the more aggressive aspects of the bid.

Sun Hung Kai Sha Tin to invest 5 billion HKD

Another piece of rocky land in Sha Tin, last week marked the 11 consortia, the last bid of about 2.36 billion HKD from the earth, the floor price of 5,448 HKD per square foot, about 36% of the $ 4,000 limit on the high market. Knight Frank's senior director and director of Consulting & Valuation Linhao Wen said the winning bid is expected to be high in Sha Tin, the developer Dihao reflect the market outlook, is expected to play a low-density luxury.

Xindi Deputy Managing Director of Thunder, said the project quiet, suitable for high-end residential development, plans a total investment of about 50 billion yuan. Statistics show that land near Chuen O village, buildable floor of about 434,004 feet, but nearly half of residential location is currently the ramp, can affect the development of the area and the layout, the developer is also responsible for the laying of the road up to Stone Street, and west of the project a slope maintenance.

Linhao Wen said the two winning bid is expected to be high, because I believe more in the capital, joked that developers "can be gained after fewer opportunities." But he can not yet say that the overall premium will go up again, according to estimates of future premium individually cortex and the number of developers may be interested.

The industry is expected to Sha Tin rocky land in the future to sell 15,000 HKD per square foot, to Tuen Mun will have more than 12,000 yuan.

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