Hong Kong consortium together 17.3 billion to seize Changsha Bay King
Xintiandi (00083) made a joint venture with Shimao Property (00813) and other consortia to buy Xiangsha Bay of Shashiwan at a cost of 17.29 billion yuan, with a new cost of HK $ 17,500 per square foot. Million yuan platter.
After the birth of the king, there are second-hand owners immediately price 1000000 yuan put plate. According to the sources, there are 7 Central Commercial Building, Block 7, Banyan Garden, Cheung Sha Wan. The salable area is 735 square feet. It is a 3-bedroom apartment with an original asking price of $ 14.88 million and a price of $ 20,245. The owner raised his asking price by $ 1 million to 1,588 Ten thousand yuan put plate, the fare increase of 6.7%, 21,605 yuan per square foot, challenging the highest price per square foot estates.
Rare seascape to the price of 6-year rise of 3 times
In the last week, the Cheung Sha Wan residential site, which can be built for nearly 1 million square feet of floor space, has been considered by the outside world to be a new landowner. It was eventually signed by local developers, Wheelock Real Estate , Ka Wah (00173) and Java (00251), together with the consortium of Shimao Real Estate Co., Ltd., won 17.288 billion yuan.
Taking the total land premium of the site up to 17.288 billion yuan, the premium was 3% higher than the land offered by China Everglight Real Estate (03380) and KWG Property (01813) for the auction of Ap Lei Chau for $ 16.66 billion in February this year Your residential land, just a short span of 9 months, the new king was born.
If the ground floor area of 988,000 square feet floor area, the floor price of about 17,000 yuan per square foot, in line with market expectations, but relatively new (00016) in 2011 4,558 yuan per square foot bid Nangang Nanchang Station (now Cuiyi), the price of foot nearly 3 times in 6 years.
Leung Chi Kin: the amount of investment or up to 25 billion
As for record-breaking high prices, Wheelock Estate Chairman Leung Chi Kin described market quotation as the land has been valued at Rmb17bn and Rmb18bn before the bid opening, and the land is considered to be a rare sea view and is optimistic about the prospects of Hong Kong’s property market . He estimates that at a construction cost of $ 5,000 per square foot, construction costs have already reached $ 5 billion to $ 6 billion, with other expenses as well as a total investment of $ 25 billion.
Huang Yongguang, vice chairman of the letter said that he was pleased to cast a rare seafront, plans to build high-quality residential projects, the introduction of green and smart home design.
Priced sales of more than 30,000 Guihui Xi 4 into
Assuming that the construction cost per square foot of the project is about RMB5,000, taking into account the land price and 10% of the flooded floor, the estimated total investment of the project is 22.7 billion yuan and the investment per square foot is as high as 21,000 yuan with 2% profit and 80% Practical rate projections, the project later sale of practical foot price will reach 31,000 yuan, compared with the sale of this year’s Huaxi average selling price of 21,600 yuan, 40% higher. If compared with second-hand housing estates in the same district, such as Liberty House, Banyan Tree and other fare of about 14,000 to 15,000 yuan, is more than doubled.
Knight Frank Senior Director and Head of Valuation and Consulting, Lam Hau-man, believes the winning price is expected to reflect the developers’ confidence in the residential outlook and that the land is easy to tailor and flexible in planning. High Block mansion, and even joined the bungalow elements.
Zhang Qiaochu, Deputy Managing Director of Colliers International Asia, said: “This reflects the strong interest of developers in the land area along the coastline. The project is expected to have a Harbor Victoria Harbor view. With current land prices plus costs, the selling price will be Up to 30,000 yuan.