Lantau Island residential area 160 million low limit 30% female manufacturers won the floor price of 6753 seven years “the most bamboo shoots”
The mosquito-type residential plots tendered by the Government showed “Heaven and Land”. The land in Fu Hang Estate, Tuen Mun, was sold on Wednesday (24th) at $83.19 million above the market expectation ceiling, but Lantau Island was awarded yesterday. South Road residential land, unexpectedly only can be far below the market expected limit of nearly 33% of the 160 million yuan, won by the female manufacturer Gao Peifu’s Shengyu Industrial Co., Ltd., each floor price (floor price) 6753 yuan It is also the most flat residential site in Changsha after the end of 2011.
The same district price is 65% a year
The residential land of Changsha South Road, which is out of market expectation, is adjacent to the Les Yung Wing Resort of the YWCA. It is a residential (Ding) use, covering an area of about 59.234 million square meters, with a total floor area of about 23,692. Fang Wei, the market valuation of 237 million to 470 million yuan, the floor price of about 10,000 to about 20,000 yuan.
The land was closed on Friday (26th) and received a total of 6 tenders, including Credit Suisse (00083), K. Wah International (00173), Wheelock Properties, and former Chairman of Swire Properties (01972), Keith Kerr. The Development Studio, Shengyu Industrial and Oasis Trade Holdings Limited. The Lands Department announced yesterday that the site was awarded by Shengyu Xingye for 160 million yuan. According to the company’s registry, Shengyu Xingye is a female manufacturer, Gao Peiyu, and has many investments in the property market.
The transaction price of the site was much lower than expected, even 32.5% lower than the market valuation lower limit of 237 million yuan; the floor price was 6753 yuan, which was the same as that of the son of Chen Zhuoxian, vice chairman of Agile (03383) in August last year. The area of the residential plot of No. 763, No. 763, is about 196.67 million yuan, which is 65.7% lower. At the same time, since 2014, the land price of the land has been less than 10,000 yuan, and it is close to 2011. In November, Swire Properties (01972) won more than 5,500 yuan of floor price for two plots in the area.
Quality is uneven, the price of the land tends to be conservative
Zhang Jingda, executive director of Zhongyuan Surveyors, said that under the competition of several large-scale developers, the land of South Lantau was still sold at a low price, reflecting the gap between developers’ expectations and market expectations. Due to the worsening market conditions and the reduction of land-based competition, it is estimated that developers will be more conservative in bidding for some ordinary quality land that is not inevitable. It is expected that the overall investment climate will continue to cool down in the future.
Zhang Shengdian, Director of Corporate Development Department (Valuation and Property Management) of Pu’er Group, described the transaction price as “good bamboo shoot”. If it develops into a foreign house, it will sell 12,000 to 14,000 yuan per square foot (in terms of saleable area) in the future. , has been able to get more than 20% of the rich profits. He estimates that in the future, large and medium-sized developers will concentrate on purchasing large-scale high-quality land development, and the market will reduce the scale of the small-scale and poor-quality land.
Zhang Jingda believes that the low valuation of the transaction will affect the valuation of another residential plot in the South District of South District, which will start tendering on Friday (November 2). However, the actual valuation can only be made after the relevant tender documents are published. . Zhang Shengdian pointed out that the difference between the land price of the sub-district and the Kaide residential plot on Friday is a different market. It will not adjust the valuation of Kai Tak.
According to the data, Changsha has launched two residential projects in recent years, namely BOTANICA BAY, No. 3, Changfu Street, Changsha, and WHITESANDS, No. 160, South Road, Swire Properties. All units of BOTANICA BAY have been cleared last year, and WHITESANDS 28 houses, three transactions recorded in the past three months, the price of 20,527,000 to 22,088,000 yuan, the average price of 21,548,000 yuan.