21/6/2018-4

Hongan Tsing Yi Construction of a boutique residence involving 300 people

Hongan Real Estate (01243) won the Tsing Yi Site at a new high price in the area. It will build a boutique residence and provide about 300 people. The main open-plan unit will be sold. The sale will be made at the earliest 2 years and the investment will be 1.3 billion yuan. In the second half of the year, 2 new discs will be introduced, involving 870 people.

Hong On has landed at the site of Tsing Yi Belly Road for more than $860 million. The floor price of 8,491 yuan reached a record high in the region. Huang Yaoxiong, chief executive officer and executive director of Hong’an Real Estate, said in an interview with the newspaper that the group’s site selection valued two major conditions. The transportation facilities are well-developed and supported in the area. The transportation facilities in Tsing Yi District are mature. There are no private buildings launched in the district for more than 15 years. The three houses are the main supply, and the surrounding areas are mostly public housing and HOS, which has accumulated the purchasing power of the branch families. The sea view of the Ma Wan Strait is expected, so the bid is aggressive.

200 to 300

The site will be developed into a boutique residential property. Because the lease conditions require the replacement of the PLB station, the pedestal is not suitable for the construction of a shopping mall or a large-scale shop. At this stage, a small number of ground floor shops are researched. The first floor is outside the clubhouse, and the remaining floors are used for residential purposes. It will provide about 300 people, with a unit area of ​​about 200 to 300 square feet. The main opening will be for households. The opening will be mainly south and Wanghai, and will be added to the smart home facility design with a total investment of about 1.3 billion yuan.

Wang Wei Real Estate Executive Director Tang Yikang pointed out that the development of land plots can only be completed after the completion of the removal of drainage projects. It is expected that the sale of uncompleted flats will start as soon as possible after 2 years. There are not many new discs in the zone, and the pricing will refer to the same series of met projects. The current maximum transaction price of Shatin Huihe units within the department reached 23,000 yuan.

Yau Tong set 326 seats at the end of Ma On Shan

In the quarter, the Group consolidated nearly RMB700 million in the Park Park ownership of Pok Fu Lam Road in Western Mid-Levels. It plans to develop an ultra-luxury residential property project and reconstructs six bungalows, each with a total area of ​​approximately 4,200 square feet, gardens and independent swimming pools. The stage is only for sale.

In the second half of the year, there will be two brand new launches and preparations for pre-sales, including the four-lane street project in Yau Tong, overlooking the Victoria Harbour, providing 326 guests, mainly 2-3 rooms, with unit area ranging from 470 to 1,800 square meters. I do not wait. In cooperation with Country Garden (02007), the site of Yaosha Road in Ma’anshan will be built with 547 crew members, including stratified units and 13 bungalows. The strata of 1 bedroom will be built up from 320 sq. ft. with some featured units covering an area of ​​1,600. Square feet, the fastest selling end of this year.

As for the Shatin Club, which was sold at the end of last year, the cumulative number of 287 groups accounted for about 78% of the total, with cash of 1.92 billion yuan. The project is still waiting for approval for occupation permit. The waiting list for the special units including 32 families is expected to be launched from August to September.

The United States raised interest rates again last week. Deng Weikang believes that most people have digested expectations of a rate hike. At present, Hong Kong’s economic development has an ideal GDP figure, and the mainland economy is stable. Single factors of raising interest rates have little effect on the property market. It is expected that property prices will fall this year. The upward trend continues. The Group will continue to purchase the land in different places and reach the goods such as rotation.