Leo Square. Kay Coast Party 119 Days Clearance Dragon Boat Festival Holiday Sale

The United States has raised interest rates again and it has not hit Hong Kong’s first-hand residential market. According to the primary sales network and market news, in the past weekend and on the Dragon Boat Festival holiday (16th to 18th), a total of about 212 companies were sold in the Hong Kong New Year’s Eve (up to about 8 o’clock last night). The 119th round of the second round sale of “Leo Fang Kai’an” in Mong Kok, which is owned by Henderson Land (012), is even clearer today, reflecting that the market’s success has not diminished. Hengdi then took the opportunity to raise the price and push 80 groups to meet the city.

Last Thursday (June 14th), the US Federal Reserve announced an increase in interest rate by 0.25 percent. The relevant rate was in line with market expectations. Hong Kong banks have not followed the increase in interest rates. However, recently, Hong Kong Bank has not “fighted for interest rates.” Instead, many banks raised their interest rates on US dollar deposits, indicating that they feared that funds would flow away due to widening interest rate spreads. As a result, the market will raise the prime rate for Hong Kong banks shortly (P). The anxiety is heating up.

However, the interest rate hike has not prevented developers from pushing the pace, and the large-scale new disk continues to attack. Among them, “Leo Fang Kai Cai” sold 119 people in the second round last Saturday (June 16). According to the records of the transaction, the relevant agencies had signed a provisional agreement for sale and purchase on the same day, which means that the project will be sold out again on the same day after the first round of selling 180 units. Han Jiahui, general manager of the Henderson Property Agency (II) Department, stated that the project’s two rounds of sales amounted to nearly 1.9 billion yuan.

Leo Fang Kai Kai third round of sales over purchasing

Henderson subsequently announced the No. 5 price list and launched 80 “Leo Fang Kai Kai” cities. Based on the discounted price of up to 5% of the price of the property, the discounted selling price is approximately RMB 4,988,500 to RMB 11,172,800, and the discounted price is approximately RMB 24,000 to RMB 30,853, a slight increase of 2% to 5% over the previous batch of units. The units and units that are added in this time include open-to-two-bedroom units, including 25 open-plan units, 45 one-bedroom units and 10 two-room units.

With regard to the above-mentioned new units, Han Jiahui pointed out that it is expected that the third round of sales will be carried out as soon as this week. According to sources, the project has received more than 100 registrations and has been oversubscribed by 80 people.