To buy land to be Hong Kong businessmen and Zhen Chau Chai Chai rent Yongcheng Bay two years expected to rent 19.5 million to 5 years ago land cost
The increase in land prices, coupled with the increasing number of domestic businessmen coming to Hong Kong, some of the Hong Kong developers will hold their property. Following the launch of Happy Valley (0683) this month, the letter and the Group will also Peng Chau Yongcheng Bay and Yongcheng Coast launch leasing. Among them, Yongcheng Bay annual rent of about 9.6 million yuan, expected two years rent that is about 19.2 million yuan, has been equal to 5 years ago, the cost of land. Ming Pao reporter can children
Peng Chau Yong Cheng Bay provides 52 groups of stratified units and 2 bungalows, which stratified practical area from 628 to 652 square feet, take 2 rooms interval; bungalow practical area from 1342 to 1349 square feet, mining 3 room interval. Lin Yongxian, Assistant General Manager of the Group, said that Yongcheng Bay has rented half of the units and one of the houses, about 30% of the tenants for the expatriates, the average useful salary of about 25 yuan, the housing useful rent of about 24 yuan.
Currently rented units which, admission 2 room monthly rent of 15,800 yuan. If the full rental, is expected to receive a monthly rent of about 800,000 yuan.
2012 square feet per square foot price is only 516 yuan
It is noteworthy that the letter (0083) in February 2012 to 19 million yuan to vote on the site land (at that time only two developers into the standard), per square foot floor price of 516 yuan, foot price once 10 Year low record of residential land. If the full success of the rental, the monthly rent of about 800,000 dollars, meaning two years of rent, that is about 19.2 million yuan, has been equivalent to land prices.
Yongcheng coast house rent 42,000 months
In addition, the same family Peng Chau house project Yongcheng coast also began to rent. Mr Lam added that the project provided 10 bungalows with a usable area of 1319 to 1476 sq ft and a 3-room and 4-room interval. The admission fee was $ 42,000.
Data show that the land as early as September 2012 to 31 million yuan investment, each square foot price of 2157 yuan.
In addition to the above Peng Chau two sets, the Group also holds Mui Wo Galaxy Bay rent. Galaxy Bay to provide 50 open to 2 units, Lin Yongxian said that the project almost all rented, the average salary of about 23 yuan to 25 yuan. In fact, at the Discovery Bay on the other side of Peng Chau, the average tonnage of the existing flat is about 30 to 36 yuan. The average size of the three outlying islands rentals is about 20% lower than that of the Discovery Bay.
Rent $ 25 Low Discovery Bay 20%
In addition to the letter and the group, Kerry Happy Valley mountain track project Resiglow also launched the lease this month. Kerry said earlier, Resiglow provides 106, the practical area of 619 to 1250 square feet, admission units monthly less than 40,000 yuan, the middle unit monthly rent 45,000 yuan, ranging from 50 to 70 yuan rent, the total rent After the monthly rent of up to 400 million to 5 million yuan.
Jones Lang LaSalle is expected to rise 15% over the next 30 months.
In addition, Jones Lang LaSalle reported yesterday that residential demand remained strong in Hong Kong. About half of the households could afford second floor construction. It is estimated that residential property prices will rise by about 15% over the next 30 months.
If the Government maintains the direction of the existing cooling property market, the secondary market stalemate will continue to push home buyers to the primary market and further push up property prices.