Kowloon Station luxury homes have risen more than doubled in 10 years. High-speed rail effect led to the trading of old shops in Jordan
After the opening of the Hong Kong section of the Guangzhou-Shenzhen-Hong Kong high-speed rail at the end of September, in addition to further driving the flow of people from China and Hong Kong and the interaction of funds, it will directly stimulate the property prices of West Kowloon, especially the Kowloon Station luxury homes. According to the comprehensive market information, the average price of the luxury mansion of the Kowloon Station in October was over RMB 37,000. Compared with the price of the financial tsunami in October 2008, it rose by 1.35 times in 10 years (see photo). Recently, there are more second-hand features in the housing estates. After breaking the 100,000 yuan mark, the uptrend won the rise of Ho Man Tin and Kowloon Tong traditional luxury homes over the same period. In addition, the high-speed rail effect has also driven the prices of shops in the old districts of Jordan, which has continued to rise in recent years.
Ming Pao reporter Lin Kewei, Gan Jieying
The industry believes that after the high-speed rail is opened to traffic, the price of the Kowloon Station will continue to outperform the market in the next one to two years and further consolidate its status as a new generation of core luxury residential areas. Comparing the three benchmark luxury properties in Kowloon Station, Ho Man Tin and Kowloon Tong for a total of 10 years (based on the average price of the relevant projects in October), the latest average of the Arc de Triomphe in Kowloon Station is $37,100, compared to 2008. In October, the average of $15.80 million soared 1.35 times; the average of the No.1 Beacon Hill in Kowloon Tong was now $30,900, which was 1.27 times higher than the average of $13.60 million 10 years ago; the average of He Wentian Jun Yi is now 2.35. Ten thousand yuan, 1.2 times higher than the average of 10,700 yuan a decade ago, reflecting the rise of the Kowloon Station to outperform two traditional luxury residential areas.
Tianzhu surplus goods increase price of 50% to undertake
In addition, the Kowloon Station, which was developed by SHKP (0016), has also become a market focus in recent months. Xinyi, the deputy managing director of the company, said in March 2015 that Tianzhu will retain some units for sale after the high-speed rail is opened to traffic; after three years, some of the first-hand products of Tianzhu will be accepted after 40% to 50%. The Thunder once said that Tianzhu has a favorable advantage and the high-speed rail is very convenient to travel to and from the mainland. Therefore, the price increase is moderate.
The Arc de Triomphe features a price of 100,000
According to the transaction register, Tianzhu sold about 16 gangs so far this year. Among them, 8 gangs, or 50%, were sold before the opening of the high-speed rail section of Hong Kong from July to September. One group of customers purchased Tianzhu 玺 77 floor A. Room B, with a usable area of 1481 and 693 square meters, the relevant units have an average price increase of 45% compared with 3 years ago. The transaction price was 108.9 million yuan and 51 million yuan, and the actual price reached 73,500 yuan. High price; buyers purchase in the name of the company, paying 30% of the spicy tax involved about 48 million yuan.
Second-hand, the third floor of the Skyscraper, the middle floor of the Skyscraper, is a 1955-square “Da Zhai Men” unit with a saleable area. The double parking spaces were changed by about 200 million yuan earlier, and the actual price was 102,300 yuan. Breaking through 100,000 yuan, it was awarded the title of King of Kowloon. The original owner bought it for 56.63 million yuan in 2007, earning more than 140 million yuan or 2.5 times.
According to Chen Haichao, head of the research department of Lijiage, compared with the old luxury residential areas such as Ho Man Tin and Kowloon Tong, the Kowloon Station luxury homes are relatively new in architecture and have a sea view in the harbor. They have already made a name for themselves in the market. Now, with the effect of high-speed rail and the Great Bay Area, It is more attractive to mainland residents to the built-in industry, so that the price of the Kowloon Station will be “escaped”. As long as the property market has not been reversal, the price of the Kowloon Station will still outperform the market by 5% to 10% in the next 1-2 years.
Agent: Expect to continue to win in the next one or two years
Apart from the impressive increase in the number of luxury residential properties in Kowloon, the vicinity of Kwun Chung Street in the old district of Jordan has also ushered in new business opportunities due to the high-speed rail effect. The price has also increased. According to the information of Zhongyuan (Industrial and Commercial Shop), there are shops No. 15 to 21 in Guanyong Street. In August last year, the lease was changed to 25 million yuan. The total area was about 1,000 square meters, and the price was 25,000 yuan. By October last year, the same street 3 The No. 5 underground F shop was changed to 24.8 million yuan, with an area of 815 square meters. The price of the shop was 30,429 yuan. The price of the transaction rose by 22% in two months. The increase was amazing. The industry estimates that investors will be open before the high-speed rail section of Hong Kong. Take the lead in the district to shop “flags.”