Cheung Kong China and Hong Kong push 7 new discs involving 4653 gangs Mainland’s main 4 projects this year.
Cheung Kong (01113) did not have large-scale real estate sales last year. This year, it is expected to re-launch. It is expected to launch three new real estate projects in Hong Kong, involving about 2413 people. The first phase of the Hong Kong Island Mid-Levels Road Road Project will take the lead and will be launched as soon as the end of next month. The project is positioned as In the super-luxury house, the admission fee for each household is over 100 million yuan. As for the mainland, it is launched in 4 sets, distributed in Beijing, Shanghai and Guangzhou, involving a total of 2,240 people. In other words, Cheung Kong and China have jointly launched a total of seven sets this year, involving 4,653 gangs.
Cheung Kwok-hung, executive director of Cheung Ching, said at the New Year’s party event that Cheung Kong will launch three projects in Hong Kong this year, involving 2413 gangs. The Group will continue to sell the sales papers in a consistent manner and will not hoard the goods. If it is a rotation, it is expected that the first phase of the Banshan Road will be launched at the end of next month; the Sham Shui Po Hai Tan Street project will be launched at the end of the second quarter, and the 1422 group of Tseung Kwan O Sunrise Cancun will be staged in the third quarter.
Zhao Guoxiong expects property prices to fall another 10%
Regarding the recent emergence of “Xiaoyangchun” in the property market, Zhao Guoxiong believes that the developers are willing to sell at a low price, which will increase the transaction volume. The public is also willing to enter the market, reflecting the fact that there is still demand for home ownership in Hong Kong. The Group will cooperate with the market conditions and push the market price. If the market price is to be lowered, the price will be followed. As the project was obtained in the early years, the cost was lower, and there was still profit at the lower price. It was frank that if the price was “disengaged from the market conditions, the public accepted the generous time (the units sold) were all swayed.” .
Zhao Guoxiong pointed out that the market conditions are still fluctuating. The deep-seated contradictions in Sino-US trade may not be resolved in the short term. There is still a gloom in the property market. I hope that the cloud will see the sky as soon as possible, and I believe that the property market will still have a downward pressure of 10%. In addition, Mr. Cheung Kwok-hung said that a large number of mortgages, commonly known as “breathing plans”, were only required to pay 10% or 15% of the property price. They could enter the market without a means test. If the property price fell more than 10%, it would become Negative assets, I believe that the number of negative assets will increase in the future, but will not appear in 2003. According to the information, in 2003, Hong Kong’s negative equity cases recorded a high level of close to 105,700.
The admission fee for the first phase of Boluo Road is over 100 million yuan.
Changshi took the lead in the first phase of the Boroido project in Hong Kong this year. Huang Sicong, director of Changshi Real Estate Investment, said that the project provided 115 people, with a unit interval of 4 rooms and an admission fee of more than 100 million yuan. He Jianxin, the chief executive manager of Changshi (business), said that the Haitan Street project is waiting for the sale of floor papers, and the soft-selling program will be launched this month. The building is composed of 4 buildings and 876 people. The unit interval is from 2 rooms and the design is people-oriented.
Just in the 8th issue of Tseung Kwan O Sunrise Kangcheng, which was applied for sales paper, Guo Ziwei, director of Changshi Real Estate Investment, revealed that the project provides 2 to 4 bedroom units, mainly 2 rooms and 3 bedrooms, most of which enjoy sea views.
In the Mainland, Cheung Kong plans to sell 4 properties this year, for a total of 2,240 people. Guo Ziwei said that Shanghai is high. The third phase of the field is the most eye-catching property in Shanghai this year, providing about 1400 people. Now it is applying for a pre-sale permit. It is expected to be launched in the middle of the year. The property is mainly for 2 and 3 bedroom units, and a small 4 room. The price per square meter is about 90,000 yuan to 100,000 yuan (equivalent to the price of about 9682 yuan to 10.76 million Hong Kong dollars).
Liu Qiwen, director of Changshi Real Estate Investment, said that Guangzhou Yuhu Minghao is waiting for the pre-sale permit to be sold at any time as long as it is approved. The project has a total of 40 houses, ranging from 2 to 3 rooms, with an area of about 230 to 630 square meters. (ie about 2476 to 6781 square).
Other new discs have also been launched in recent days. Wing Tai Estate (00369)’s Sha Tin Kau Loi recorded the first transaction this year, involving the A16 bungalow, with a saleable area of 2,826 square feet, and even double parking spaces, sold for 77.344 million yuan. The price is 27,400 yuan.