Grand YOHO sell from $5.29 million

Most flat feet off the price is 9,931 HKD devaluation rent subsidies attract customers

news (reporter Liang Yueqin) has been the large landowners Sun Hung Kai Properties, Yuen Long, Yuen Long Station's next, a thousand new flats building partner flowering about seven months Grand YOHO first phase, only to announce yesterday posted second-hand price per square foot Release the first 226 property, namely the average price per square foot for real off $11,968, compared with November last year, Cheung Kong up for sale close to long Ping station Shi-chou first real average price per square foot off similar. Project Parity entry price $5.2887 million, the lowest price per square foot Parity only $9,931, the implementation first and then seek price for quantity. Developers more devaluation rent subsidy payment methods suck tenant market.

Statistics show that in the same district and YOHO MIDTOWN YOHO Town Recently Used utility average price per square foot of approximately $ 11,500 and $ 12,000, Sun Yuen Long Centre adjacent utility average price per square foot of about $ 10,500.

"Later plus increases have pushed the space."

Thunder general manager of Sun Hung Kai, deputy director yesterday to describe, Grand YOHO first phase of the first case of price per square foot price look forward to the first batch of 226 gang off the real average price of 11,968 yuan, but also offers a variety of payment methods give different financial arrangements and need to be set industry; Xindi new flats first units always attractive, there is a considerable increase later to push the space.

Thunder pointed out that over the past twenty years a new earth begin rehabilitation center in Yuen Long, Sai Railway Station adjacent to a number of commercial and residential development projects are developing successfully. Grand YOHO YOHO series as the king of natural causes within the region and outside of the home buyers eagerly awaited. Grand YOHO owns four major advantages, with the project area did not become a reference list.

He added that now the primary floor Property by the buyer-driven, each recently Projects are sales in the ideal, with mortgage rates low, Hong Kong's economy is more desirable than outlying areas, markets were also buoyant, public confidence in home ownership is quite strong, the property market is expected to continue to be healthy and stable development. Sun Hung Kai Acting Assistant General Manager Hu Zhiyuan said the sale to the public to visit and collect tickets today open demonstration units, each vote of 10 million, the fastest sales schedule next week and put up for sale. The first 226 property located in Grand YOHO Development of the first phase of Block 2 and 9, including two family rooms, two large rooms, three bedrooms and three-bedroom suites with disabilities even more than housing units, the first installment covering different units . The number of two-bedroom flats accounted for nearly 75% of sale units, three-bedroom units accounted for more than 25%. This batch of units worth over 1.9 billion.

"Provides five payment"

He was referring, Grand YOHO provides five kinds of payment, which first launched YOHO gravitational stretch payment plans, developers will subsidize 1% of the property for the rent subsidy, the object is no immediate need for people to live. If you still have in the body of the tenant lease applies only set out in the price list on the selected 58 residential properties. If property prices in 600 million, 30% of property buyers must provide proof of assets; 6 million HKD more than 20% of assets in property prices need proof.

The payment method is the buyer within 90 days of the signing of the provisional agreement to pay the prices for the first phase of 8%, prices 92% balance can be used "YOHO 30 Plus" program, during which the buyers can enjoy a 30-month interest-free loans. Buyer shall each quarter (ie three months) to pay the principal amount of 2.5% in property prices considerably, totaling 9 prices 22.5%, among the developers will provide 1% of the rent subsidy, all of the property to provide rent subsidies of 9%, Buyer actual expenditure prices 13.5%. The remaining 69.5% of property prices in the first 30 months to repay to the developers. If buyers continue to pay special loans, pay only 2.5 per cent in property prices, available up to 25 years to continue the loan, interest rate of P-1%.

In addition, the developer has also introduced a payment plan that is for 90 days, the discount rate was 18.25%; but also inherit 120% of the loan arrangement PARK YOHO and named "respect means 120", the object is approaching for the full or for the full property branch family owners, such as Yuen Long District.

Central Asia-Pacific president, Mr Chan expressed residential, Grand YOHO first phase of the asking price is lower than the market expected the same area about 10%, payment plans to select more elasticity, on the train, passengers are suitable for flat and is expected to lock in Hong Kong purchasing power. He estimated that after the sale, even if additional units increases, the rate of increase expected from about 5-10%.

Agent: asking price shock robbed outside the passenger area

CEO Midland Residential cloth less clear that the second offer is quite a shock, the market is bound snatched a lot of purchasing power, will attract many passengers outside the area and many of them long-term investors look to the region and freeze the secondary market.

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