Wheelock real estate challenges 26 billion sales record

Speaking at a press conference yesterday, Head of Wheelock Estate revealed that the group sold over $ 26 billion in proceeds last year, of which the residential sector accounted for about $ 17 billion and the commercial sector accounted for about $ 9 billion. About 2,000 units are expected to be on sale this year and are expected to sell Building revenue can be another record. On the other hand, Cheung Kong (1113) executive director Zhao Guoxiong said after attending the radio program yesterday that the group plans to launch four projects for more than 2,000 units this year. This reporter comprehensive report

Head of Wheelock Estate, Leung Chi Kin, said the Group’s revenue from selling its products has increased each year. Currently, the Group has nearly 7.5 million square feet of reserved floor space, including residential and commercial properties. It is sufficient for the next four to five years and the Group also has millions of square feet of agricultural land There has always been a follow-up change of use, but it will take some time before maturity.

MOUNT NICHOLSON Ji sold within a year

Leung continued that the new listing of Phase II of Canberra, MALIBU, is expected to open next month and he expects one or two new disks to come out later. It is estimated that the Group will launch more than 2,000 units this year, The Cannes project accounts for more than 1,000 partners and expects to be able to do cargo rotation. As for the MOUNTNICHOLSON Peak, which has been sold by the Group, it has sold more than half of the units and the project has an additional 8 bungalows and about 20 sub-units. It is expected that the project will be sold out this year.

Long pushed four more than 2,000 partners

On the other hand, Cheung Kong Chiu Kwok-hung said the group plans to launch four new plates this year, involving more than 2,000 units. Among them, the Repulse Bay Project is scheduled to be launched this quarter. Other projects including the redevelopment project at Hai Tan Street, Lotte Canopy Phase 8 and the Wau Road project on Hong Kong Island will also be put on sale. The Group currently has only less than 300 The remaining stock to be sold, not in a hurry to promote. Last year, the group sold a total of 53 billion yuan. Zhao believes that Hong Kong’s economy is stable and no upswing or collapse of economy is possible. The volatility of property prices should be similar to last year, maintaining about 10%.

In response to the HKMA’s stepping up of regulatory lending to developers, Zhao responds that property developers in Hong Kong are in a healthy financial position and have not been too dependent on bank lending in the past, believing that their real impact on developers is insignificant. For the mortgage market, more and more fixed rate mortgaged products are introduced. According to him, there are not too many buyers to use. Buyers are not less worried about the interest rate.

Mr Wong Yuan-fai, chairman of the Land Supply Task Force, hopes to study ways to increase the plot ratio of land to increase the supply of buildings. Zhao agreed that a good idea should be made to the best of his abilities. However, he pointed out that infrastructure and transport facilities should be taken into account. Increase plot ratio. He proposed that the government should study any options for increasing the supply of land such as the construction of the superstructure of Kwai Chung Container Terminal and the rezoning of brownfields.