Xindi 113.000 won the King of Kaiwei Harbour

Xindi 113.000 won the King of Kaiwei Harbour

In recent years, the Government has tenderly launched the tender for the Kowloon East Kai Tak site and sold the first “front row” of the runway area with unobstructed Victoria Harbour views. Last Friday (18th), the bidder was close to the No. 3 residential area in the 4th District of Kai Tak Cruise Terminal (hereinafter referred to as 4C3 land). Xindi (00016) beat the 5 batches of opponents with a market expectation of 11.26 billion yuan. In addition, the land price per floor (hereinafter referred to as the floor price) is about 17,360 yuan, second only to the floor price of the Group’s 1F residential area (hereinafter referred to as 1F1 land) in Kai Tak District 1F last May. 17776 yuan, the difference between the price of about 2.3% to become the land sales table Kai Tak land floor price is the second highest; relative to last month, the Kai Tak runway area “back row” land floor price of 13523 yuan, that is, a month of rapid increase 28.4%.

The runway area has a new high price of 17360 yuan

The 4C3 plot approved by the Lands Department yesterday can be built with a floor area of ​​about 648,600 square feet. It is the fourth residential site of the Kai Tak Runway area approved by the Government. The three approved in the past are all in the “back row” position in the Kwun Tong area. The “front row” is headed by 4C3. There are 12 developers, and each of the six consortiums is formed by sole proprietorship or joint venture, including Cheung Kong ( 01113), Kerry Construction (00683) and Chinese-funded construction investment, etc., the result was won by Xindi with a maximum bid of 11.26 billion yuan. 4C3 land became the third “Billion King” in Kai Tak District. It is also the runway area. The land cost is new.

The deputy managing director of Xindi, Lei Wei, said that the Group is very pleased to re-enter the Kai Tak site and think that it is the best quality residential site on the runway. From Victoria Harbour to Lei Yue Mun Sea View, each unit can enjoy sea views in the future. It belongs to the landmark luxury residential project in Linhai. The Thunder estimates that the land price of the site, together with the construction cost, will amount to about 20 billion yuan (that is, the total investment amount of each party will be 30 million yuan).

According to the information, SHKP won the 1F1 plot in the same district last year for 25.161 billion yuan. The floor price was 17,776 yuan, which was the highest price of the land surface of Kai Tak and Kowloon East. The floor price of the 4C3 plot was 17,360 yuan. It is only about 2.3% lower than the 1F1 plot. The Lands Department’s land for the Kai Tak District approved by the Lands Department is located in Area 4B of the “Rear Row” of the runway area. It was invested by Chinese Overseas China (00688) on the 27th of last month. Yes, it means that the floor price of the Kai Tak area has risen by about 28.4% in less than a month.

Jianlinhai Mansions sells 35,000 per squat

Although the new land has a high price and has no immediate impact on the second-hand buildings in the same district, Hong Kong Property Assistant Sales Manager Huang Yuxi revealed that the second-hand owners have not adjusted their bids or closures. It is not excluded that the district estates Kai Tak No. 1 (I) ) and (II), the neighboring San Po Kong reputation. Harbors, etc., have successively increased the price of second-hand owners.

Zhang Shengdian, Director of Enterprise Development Department (Valuation and Property Management) of Pu’er Group, pointed out that the gap between the floor price of the 4C3 land and the rear land reflects the sea view value and geographical advantage of the site, and also shows that the developer is developing for Kai Tak. The potential of the district is confident. We are optimistic about the market outlook of the mansions of the whole seascape. It is estimated that the residential units built in the future will have a practical price of about 35,000 yuan before they can obtain a reasonable profit.

In 2012, SHKP was awarded the site of the former North Point Village in North Point and is developing into the “Haicang” project on the East Coast of Hong Kong Island. Lin Haowen, Executive Director and Valuation and Consulting Department of Knight Frank, said that the 4C3 site enjoys the advantages of the Victoria Harbour Fireworks. It has been vigorously built into the “Qiide version of Haitang”, which is mainly composed of small and medium-sized units, with large units and special households. It is believed that the cost of 4C3 land will have an indicator effect on property prices and land prices in the district.

According to the information, there will be four plots of land in the Kai Tak Runway area in the next few months. The commercial and hotel site in the 4C area of ​​the front row will be closed this Friday (25th), with a market valuation of about 7.96 billion yuan. To 9.18 billion yuan; another three sites will be tendered this season, including the front row of No. 2 residential area 4C and No. 4C commercial and hotel land, and the fourth row of No. 1 residential area.