In the middle of this month, nine developers holding land in the Kai Tak former runway area jointly named the former runway area "PARK PENINSULA", and the first new project was officially named MIAMI QUAY. Wheelock Properties, Henderson Land, Henderson Land, New World Development and Empire Group cooperate in development. The first phase of MIAMI QUAY I is planned to be put on sale during the quarter, providing 648 units, with standard unit area starting from 250 square feet, and the pricing will refer to first-line sea view projects. Huang Guangyao, the managing director of Wheelock Properties, also revealed that it is not ruled out that 2 more developers will join PARK PENINSULA later. ◆reporter Liang Yueqin
MIAMI QUAY is located at 23 Shing Fung Road, Kai Tak. It will be developed in two phases with a total of 1,219 units, all of which have been approved for pre-sale consent. The expected completion date is also August 2023. Huang Guangyao said that the first phase of MIAMI QUAY I is planned to be put on sale in the quarter, providing 648 units, including open-plan to three-bedroom units, with two-bedroom units accounting for about half, and standard units ranging from 250 to 710 square feet. The pricing will refer to the first-line sea view. The project will also introduce suitable payment methods for the customer base.
PARK PENINSULA or TIM MEMBER
When talking about PARK PENINSULA, Huang Guangyao said that the primary task at this stage is to do more regional publicity, hoping that more people can know this district and grasp the future development of this district. It is hoped that through public-private cooperation, it can speed up the cooperation with the same people. Stakeholders in the district will contact relevant government departments and look forward to arranging some leisure and charitable activities to develop in the district in the future.
He also pointed out that the members of PARK PENINSULA hold regular monthly meetings to follow up on the development of the area, and it is not ruled out that two developers will join later. Earlier, the Town Planning Board had rejected the conversion of two commercial sites in Kai Tak into residential sites, so he disagreed with the statement that Kai Tak development was "out of shape" and believed that the current proportion of commercial and residential development was still appropriate.
Huang Guangyao said the impact of interest rate hikes is limited
He bluntly said that the market is very concerned about the external transportation and commercial facilities in the region, and he hopes to increase the public's understanding of the project and PARK PENINSULA, including the government's plan to adopt the "multi-combination" model of an environmental protection connection system, and build a 1.3-kilometer-long park on Wai Yip Street. Elevated walkways, and pedestrian and cyclist flyovers across the Kwun Tong Typhoon Shelter. It is also proposed to connect to Kai Tak by electric buses, moving walkway network, waterfront promenade and "water taxis".
As for whether the U.S. interest rate hike will affect the Hong Kong property market, he believes that the U.S. has entered an interest rate hike cycle, but Hong Kong may not be under pressure to raise interest rates in the short term. .
NOVO LAND has received more than 10,000 votes in four days
On the other hand, SHKP’s Tuen Mun NOVO LAND Phase 1A has continued to receive a hot response. Chen Hanlin, acting general manager of SHKP, said yesterday that the project has received more than 10,000 tickets in the first four days until 4:00 p.m. yesterday, with the first two price lists in total. 265 units, an excess of more than 36 times.
He also pointed out that the project will push the No. 3 price list as soon as possible today, and will launch more open-plan units and three-bedroom units to meet the needs of customers.
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| Property Type | Price | Ads Period |
|---|---|---|
| For Sale Property | ||
Normal Listing Typical One | HKD:1000 (or Hsemoney:1000) | Valid:90 days |
Golden Top Listing Higher position than Top listing 2-3times better performance | HKD:3000 (or Hsemoney:3000) | Valid:60 days |
| Rental Property | ||
Normal Listing Typical One | HKD:1000 (or Hsemoney:1000) | Valid:80 days |
Golden Top Listing Higher position than Top listing 2-3times better performance | HKD:3000 (or Hsemoney:3000) | Valid:60 days |
