High-speed rail effect

High-speed rail Hong Kong West Kowloon Station is about to start, driving the price and trading of Kowloon Station and nearby projects. It is reported that the price of the Optimus Peninsula has risen by 70% in the past two years.

As for the regional project THE AUSTIN, 4 second-hand transactions were recorded this month, and the trading atmosphere was booming.

THE AUSTIN 4th deal this month

Huang Liangsheng, Senior Co-Director of the Central Plains Real Estate Research Department, pointed out that thanks to the opening of the Guangzhou-Shenzhen-Hong Kong high-speed railway, the property prices of the Kowloon City Station were raised during the period from June 2016 to June 2018.

Among them, during the Arc de Triomphe and the Optimus Peninsula, the price rose more than 70%. Compared with the same period, the price of the district’s large-scale residential Mei Foo New Village and Whampoa Garden in Kowloon has increased by about 40%.

The Guangzhou-Shenzhen-Hong Kong high-speed railway was officially opened to traffic on September 23. The news also stimulated buyers to speed up the market. Take the case of THE AUSTIN in South West Kowloon. This month, 4 second-hand sales were recorded, an average of 1 to 2 per month. Among them, 3 middle-floor C rooms are separated by 3 rooms, with a practical area of ​​999 square feet, with a price of 42 million yuan. The price is 42,042 yuan, 97% higher than the original owner’s purchase price of 21.37 million yuan in 2013, and the book appreciation is 2,063. Ten thousand yuan.