Sell 83 units for 7.739 million yuan next week
In the new development of East Kowloon, when China Overseas's Kai Tak Runway Zone, Victoria Harbour 1, launched the second round of 286 units today, Wheelock Properties’ Lantian KOKO HILLS launched 42 units yesterday, with a discounted average price of RMB 21,103 per square foot. Covering 1 to 3 bedrooms, with a saleable area of 370 to 570 square feet, with a maximum discount of 21.5%, the unit is discounted from 7.801 million yuan to 12.35 million yuan. The market will also be released next Tuesday for 83 units, including 69 units. It is launched in the form of price list, and 14 units are tendered for sale. reporter Liang Yueqin
KOKO HILLS launched 69 units for public sale this time. The unit sizes range from 1 bedroom to 3 bedrooms, and the utility model is 370 to 770 square feet. The discounted price is 7.739 million to 17.026 million yuan, and the discounted price is 19,400 to 22,900 yuan per square foot. The approved average price is 21,000 yuan per square foot.
As for the launch of the tender units, they are rooms A and B in Tower 2. Room A is a 4-bedroom, 1 set with workroom and toilet, with a saleable area of 1,300 square feet; Room B is a 3-bedroom, 1 set with workroom and toilet, with a saleable area. 899 square feet. KOKO HILLS has sold 127 units since its launch last year, including the newly sold Unit A on the 9th floor of Tower 3, which is practically 770 square feet. The transaction price is 16.53 million yuan and the price is 21,479 yuan per square foot. The total cash value of the project is more than 1.57 billion yuan, with an average transaction price. The price is RMB 21,824 per square foot.
Kaihui's four-bedroom suite exceeds 30.45 million to reach a new high in the same district
On the other side, Unit A, 47th Floor, Block 1, Kwun Tong Grand Mercure, which has been built and developed by Sino Land, has a saleable area of 1,092 square feet. It has a four-bedroom and one-suite suite with storage room and toilet partition. The transaction price was RMB 30,455,88. The price per square foot is RMB 27,890, and both the transaction price and the price per square foot are expected to hit new highs for standard residential units in the centre of Kwun Tong. Kaihui provides 1,999 units in the two phases. Since the sale at the end of 2018, 1,848 units have been sold, accounting for more than 92% of the total number of project units. The total cash-out amount is over 23.5 billion yuan.
