Xinhe Consortium 30.5 billion won the sunrise Kangcheng 11

Xinhe Consortium 30.5 billion won the sunrise Kangcheng 11

The MTR Sunrise Kangcheng Phase 11 was closed recently. The results were announced yesterday. The consortium, which was jointly organized by Xinhe, Jiahua and China Merchants, successfully won the right to development and pressed the remaining 10 funded consortiums. In the past, Xinhe and Jiahua had developed the experience of Tseung Kwan O residential, but the second was the development of the Sunrise Kangcheng project.

It is reported that the amount of land premium for the project is 3,054.9 million yuan, and the premium for each party is 3,194 yuan. It is the most expensive one for the development of various projects in Sunrise Kangcheng. In addition, the terms of the tender are not only 20% of the land premium and the fixed dividend ratio, but also must be determined by the “price” of the higher bidder. The project covers an area of ​​about 127,000 square meters with a plot ratio of about 7.5 times. The upper limit of the residential floor area is 956,400 square meters. It provides no more than 1,850 residential units. It is a pure residential project and the entire development project is expected to be completed in 2025.

As for the closing of the Kangcheng City Phase 11 in the past few days, a total of 11 tenders were received to capture the record of the intercepted tenders in the calendar year. The consortium is still dominated by large local consortiums, including Cheung Kong, Chinachem, SHK, Wheelock, Henderson, Kerry, China Overseas, etc. At the same time, many new faces have joined the bidding and they have taken local shots with Chinese The developer-owned consortium is the mainstay, including the New World partner to China Resources Land and the Far East to cooperate with Poly Real Estate.

A total of 11 tenders were recorded. The company’s executive director and the Director of Valuation and Consultation, Mr Lam Wing-man, said that the successful bidders had a good experience in residential development and believed that the “bid” was also a reasonable level. In the long-term, the supply of projects along the MTR station is limited. It is believed that there is a certain advantage. It is believed that the developer is still confident in the market outlook. It is estimated that the price of each side of the residential building will be 17,000.