Huanran is home to loss. City construction: no government help

The Hong Kong Residents’ First Home Purchase Pilot Project (hereinafter referred to as the First Place) launched by the Urban Renewal Authority (hereinafter referred to as the URA) will be sold at a discount of 60% of the market price. The application process was last week and was temporarily recorded at 2.08. 10,000 applications, over 45 times. Wei Zhicheng, the administrative director of the URA, said that even if the remaining 40 units of the three-bedroom units were sold at market prices, the project still had a chance to lose money, but the bureau was financially healthy and did not need government help.

There are a total of 493 gangs located at No. 8 Heyuan Street, of which 450 are allocated for the first set. The saleable area is from 261 to 507 square meters. The market price is sold at a discount of 62%, and the price is 3.142 million to 6.605 million yuan. On Wednesday (23rd), the 21-day application process was completed, and 20,800 applications were temporarily received, exceeding 45 times. When Wei Zhicheng attended a radio show yesterday, he expressed satisfaction with the application. He believed that the biggest attraction of the project was the 60% discount and the mortgage company offered 90% of the mortgage.

No plans to push the first placement

The acquisition and replacement cost of the company is over $1 billion. Wei Zhicheng said that there are still more than 40 three-bedroom units in the project that have not yet been launched. However, even if all the products are sold at market prices, the project will have a chance to lose money. Fortunately, the bureau is now financially healthy. Without government help.

Wei Zhicheng also said that the Bureau will hand over the analysis of the data on the sale of the property to the Government to help the Government launch the first project of Anderson Road, Kwun Tong. As to whether the Bureau will launch the first project again in the future, he said There is no such plan at this stage. Huanran House will be drawn in March and will be officially picked up in June.