Wheelock Sunrise Cannes O’EAST involved 4300 gangs

The real estate of Wheelock Fong’s Tseung Kwan O Lotte Department will be named as O’EAST and will involve a total of 4,300 associates. The fifth phase of Cannes is expected to acquire sales paper within the next month. This year the first new group of more than a thousand people attention.

Nearly the year-end night, but the venue has been actively deployed for the sale of new dog year, will be its Sunrise Cannes three projects, respectively, the first five (1,600), seven (about 1,100) and nine (1,600 Gang), the portfolio is named O’EAST. The three projects involve a total of more than 4,000 units and will be phased out to market.

No. 5 fastest month batch pre-sale

Wong Kwong Yiu, Managing Director of Wheelock Properties, said that O’EAST is based around The Tseung Kwan O Bay with “The Rise of Urban Nature” as its core concept. With more than 1 million square feet of green space in Cannes, including Sunrise Park, Dynamic Park, providing quality living space to tenants.

Wong Kwong Yiu said that the Group’s Cannes No. 5 will be the first to launch the market in a short period of time, for a total of 1,600 units. Currently, pending pre-sale of uncompleted flats, the fastest sale of flats can be obtained within the month and the sales will be launched this season. The estimated completion date is May 2020.

He said that the fifth phase of the apartment layout diversified, including 1 to 4 units, the salable area from 300 to about 1,000 square feet.

Of which 1, 2 units accounted for 70%, 3,4 units accounted for the remaining 30%.

He believes that although the recent stock market decline, the market need not worry too much, the stock market is normal short-term volatility, the property market will not have much impact. He also pointed out that from the recent property transaction, we can see that the property market will still perform better this year, but the increase should be less than last year.

CAPRI House for sale on the 6th 25151

For the United States or another rate hike, he said that Hong Kong funds are still abundant, the banks did not have much pressure to follow the United States to raise interest rates.

In addition, CAPRI, a new south-east of Tseung Kwan O with the same ownership, sold 6 flats for sale in the south, with a usable floor area of ​​1,988 square feet, with a total area of ​​506 square feet of garden and 764 square feet of rooftop. The transaction price was $ 50 million and the transaction price was $ 25,151. Compared to the 7th house in January when the transaction price was only 47.9115 million yuan, fare 24,102 yuan, 6th house is now higher than the transaction price of about 4%.

Since the beginning of the year, the market sentiment has been booming. However, the new market for sale in the primary market is small and medium-sized flats, including new flats in urban areas. However, the scale of Cannes City 5 is very large. The purchasing power returns to the primary market.