North Point Mini property, 166 square feet sell $3.67 million

One Prestige still have price $23,900 Square Feet, more expensive than Provident Centre 64%

news (reporter Liang Yueqin) raised new flats, the developers offer becomes aggressive. Privately owned by Henderson Land Chairman Lee Shau Kee, the main user of the North Point open "mini estate" Fitch announced yesterday is still higher than the market price of 20% of the first 50 launch partners, price of 25,248 HKD per square foot, up to 5% discount off the average real feet price of $23,986, compared with the same index estates area and garden and city centers rich in recent months, the average transaction price per square foot of your full 90% and 64%. The first unit of the flat folding real Admission $3.674 million , an area of ​​166 square feet.

According to price list showed located 1 Yuet Yuen Street is One Prestige, the first chamber 50 property all C & D, an area of ​​163 feet to 170 feet, priced from the $3,867,000-4,784,000, 23,295 HKD price per square foot to $28,308 , the price of 25,248 HKD per square foot.

The first push 50 property 5% discount

Developers offer three payment methods, according to the highest price minus 2%, while 'ad valorem stamp duty' allowance, the buyer will receive an additional 3% discount, ie a total of 5% discount off the real price 23,986 HKD per square foot. Most flat units Room D, 6th Floor, 166 ft utility, priced 3.867 million yuan, Parity $3.6737 million, 22,130 HKD price per square foot. The smallest unit of area 5 House D, practical 163 ft and 11 ft platform, Parity $3.7126 million, 22,777 HKD price per square foot. The developer will provide 80% or 30% according to a second mortgage.

Does not rule out the sale of premises

Henderson Land Sales (a) Linda Min, general manager of the Ministry said yesterday, yet Fitch debut single for the price "posted price" launch, expected as early as next week on sale. He said, since the main project small units,Building cost per sq ft in fact more than 10% higher than the average residential projects in large units, the real estate construction cost per sq ft of salable area of ​​about $6,500. He also said that the real estate ground floor shops and even an area of ​​about 5,000 feet, would consider selling.

No area for many years with new projects launched. Agency data show that in the same area and Wharf Road, newer-old (about 13 years), and also has 163 sq ft unit Zhuangshi Wei Xuan Hong Kong on July 1 to 3.28 million HKD to sell low-level gang unit, utility price per square foot only $20,000. One Prestige is still the first time off the real average price, a full port of Xuan Zhuang Shiwei expensive second-hand goods 20%. And in the same district Chun Yeung Street Hong Kong Yat Heen, belong to 13-year-old, with an average price of 17,300 HKD foot, recently recorded a 200 sq ft unit traded to $3.46 million, 17,000 HKD price per square foot, the average price is still a solid reputation off ratio Hong Kong Yi Xuan out 41% higher.

As the region also has about 200 feet of additional floor real estate, buildings aged 20 years to 54 years, and the latest transaction price per square foot of about $ 11,000 to $ 16,500. Two indicators Estate City Garden and Provident Centre in the same district, are no similar small units for comparison, the two real estate prices in recent months, an average of about $12,600, respectively practical feet and 14,600 yuan.

Agents guess some people will want to buy it

Centaline Island East, Wanchai and North Point Senior Sales Director He Weiqiang said that for many years in North Point No open-supply unit, One Prestige still must be able to meet the Island Eastern branch of the family and the needs of investors. Recently, a number of new real estate sold out today, the sales force is staggering, yet Fitch at Vaughan launched more than $300 million from admission, is bound to set off a wave of panic buying.

Statistics show that North Point 1 and 3 Yuet Yuen Street early in the last century, 90 generations by the Chairman Lee Shau Kee of Henderson Land made acquisitions to September 2014 to 105 million HKD through the downbeat unified whole block ownership and merger next month Yuen 5 and 7, a reconstruction of residential and commercial property, then the estimated total investment of about $300 million .

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