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Taidi Wanchai sells 30 units next Saturday

Squarefoot Editor  2021-03-19  #Tips For Transaction

(reporters Liang Yueqin, Yan Lunle) The United States agreed that interest rates will remain unchanged, and developers have launched another offensive. Swire Properties’ EIGHT STAR STREET, located in Wan Chai’s Star Street Community, sold 2 special units at RMB 38,270 and RMB 46,550 per square foot. Yesterday, it announced its first price list for a total of 30 units, covering one to three bedrooms with an area of 431. To 913 square feet, deducting a 5% discount, the discounted price is 15.513 million to 41.93 million yuan, and the discounted price is 33,006 yuan to 45,926 yuan. It will be on sale next Saturday (27th).

Admission at a discounted price of 15.51 million yuan

According to the sales arrangement, the project is divided into large-handed group A and individual group B. Group A can sell up to 6 units, each registrant can buy up to 2 units, and each registrant of group B can buy 1 to 2 units. , The ticket will be cut off at 12 noon next Friday. The developer only provides payment for the construction period. The first payment is 15%, and the remaining 85% will be paid at the time of occupation next year. Those who purchase units on or before April 30 this year will receive a 5% discount.

Du Weiye, director of Swire Properties' residential business, said that the project will sell more units and units in the form of price lists this time. It is believed that both investment and fashionable self-occupied residences will be welcomed. The project provides 37 units and is expected to be completed in 2022.

On the other side, Cheung Kong’s existing building, 21 Borrett Road, Mid-Levels, Hong Kong Island, yesterday launched an additional tender for Room 2 on the 15th floor, with an area of 2,154 square feet. The bidding will be closed daily starting next Monday (22nd).

Tsing Yi Hui Blue may be on sale next month

Wangan Real Estate's residential project on Liaodu Road, Tsing Yi, is named Huilan. Cheng Deyun, executive director of Hongan Real Estate, said that the project has a total of 320 units, including open-plan and one-bedroom units, and the pre-sale consent is yet to be approved, and it is expected to be launched in April.

Similarly, Long Po Mountain, Duo Shek Street, Shatin, was also deployed in April. Hu Zhiyuan, the acting general manager of SHKP, said that the project will be uploaded to the sales brochure next week as soon as possible. As for the opportunity of Tai Po Baishijiao Yunhui to launch additional units and sell in the short term, there will be room for price increases.

Only 85 private houses started in January

On the other hand, the Buildings Department announced yesterday that only Nos. 1 to 1A Wood Road, Wan Chai (42 units), Nos. 7, 7A, 9 and 9A (42 units) Cheong Wah Street, Cheung Sha Wan, and 9 Big Wave Bay Road, Shek O in January (1 unit) Started construction, a total of 85 units. Although it increased from the “zero start” in December last year, it was still the second lowest in the same period of 12 years since 2010. As for the Cheung Sha Bay "The Campton" (467 units) and the Clear Water Bay Silver Shadow Road project (1 unit) in the same month, a total of 468 units were completed. The total completion volume dropped 83% compared to December last year, but it increased by 11% year-on-year. New highs over the same period in the past 11 years.

It was announced on the same day that a total of 17 building plans were approved in January. Including: Transitional houses in Tongxin Village co-operated by Xindi and the Anglican Church, with a floor area of 409,200 square feet and providing approximately 1,800 units. Henderson Land Yuen Long Kam Tin Kong Ha Wai site has also been approved for plans, covering 619,200 square feet, about 2,000 units, and will be operated by Pok Oi Hospital.

Disclaimer: All wordings and pictures which indicated Squarefoot editor are the copyright of 7 Advertising LIMITED. Acknowledgement is required if other parts of this publication are used. The content is for reference only, does not constitute investment advice and it does not mean that Squarefoot agreed the points. The area which show in the article is salable area if there is no special circumstances. The pictures is for reference also.

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