The next quarter to be pushed to 4 residential land involving 3 thousand by 7% of Kai Tak commercial and residential valuation of 18.8 billion potential into the new king
The Government will announce the next quarter sale plan, available for sale of 4 residential sites, providing more than 3,000 flats, increasing by 70% on a quarterly basis, including Kai Tak and Cheung Sha Wan, two billion to the king, Kai Tak 1F district commercial and residential valuation Reaching 18.8 billion yuan, potential into a new land to the king.
The Government has only launched four residential sites in this quarter, providing a total of 1,790 flats. The property market continues to be hot and land prices are rising. The market estimates that the Government will increase its efforts in the next quarter, A total of 4 to provide about 3,025, 70% increase in the quarter, but also have the opportunity to push a railway project, such as Ho Man Tin Station No. 2, a total of 3,825 partners.
Annual supply target or overbooking
Together with the land launched this season, the Government has provided more than 7,300 flats in the first half of this year, plus projects (over 4,500) which are expected to complete premiums this year, with an overall land supply of 11.8 million, 1.8 million supply target 65%, the year is expected to meet or exceed the standard.
As for the next season there are four places to launch the land, including Kai Tak District 1F commercial area and Cheung Sha Wan Hing Wah Street West to the residential area, two are valued at more than 10 billion yuan of urban areas, especially Kai Tak Business and the opportunity to go beyond the Ap Lei Chau Lee Road, luxury residential land, become the territory of the new residence to the king.
Kai Tak 1F District No. 1 price of 13,000 yuan
The site of the first district of Kai Tak No. 1F residential area, located in Nanfeng to 24.6 billion yuan to vote in No. 1F District 2 commercial king, covering an area of 178,000 square feet, are integrated development area for commercial and residential mixed development, With a plot ratio of 8.1 times and a floor area of about 1.44 million square feet. It is expected to provide about 1,650 flats, together with a facility of 300,000 to 400,000 square feet of shopping malls.
With the HNA repeated to bid for Kai Tak, the area of land prices pushed up to 10,000 to 16,600 yuan per square foot, and the first area of commercial area 1F earlier approved the first 1K area, the first 1L District residential area closer to the sand line Kai Tak Station, and large scale, belonging to the area landmark project.
The market valuation of land prices up to 14.43 billion to 18.77 billion yuan, the floor price of 10,000 yuan to 13,000 yuan, have the opportunity to break in February this year, Longguang real estate (03380) and Cecilia (01813) to 16.8 billion yuan to vote duck Ap Lei Chau King, has always been the most expensive residential land.
In addition, the same opportunity to launch the next month, Cheung Sha Wan Hing Wah Street West on the residential area, is also a billion to Wang series. The project belongs to Linhai residential land, which can be built up to 987,000 square feet. It belongs to the rare large-scale seaside residential site in the urban area. The market valuation is about 9.87 billion to 14.8 billion yuan, and the price of the tower is about 10,000 to 15,000 yuan.
Seasons land sales have reached 62.8 billion
It is worth mentioning that, with the Government last month approved the Central Meili Road (23.28 billion yuan) and Kai Tak two commercial queen, the season land sales have reached 62.76 billion yuan, compared with 8.46 billion yuan last year A significant increase of 6.4 times, together with the 8.33 billion yuan approved the West Rail Kam Road Station 1, land price income of at least 17.79 billion yuan, has reached the government forecast this year, land sales of 101 billion yuan 7 percent.
If the above two billion to the king as scheduled to launch this year, a great opportunity to sell land will be ahead of the standard, the financial surplus or the opportunity to be more than the authorities expected.