5/11/2018-10

Wheelock and other materials are included in the Kai Tak Land

The residential area of ​​No. 4 residential area in Area 4B of Kai Tak Runway area was closed today. Due to the low price of neighboring land, the surveying industry has lowered its valuation to between 8.3 billion and 9.2 billion yuan. The floor price is between 14,500 and 16,000 yuan. The market expects that Defeng Real Estate will re-enter the bid and seek another city.

Runway area 4B area No. 4 land valuation of 9.2 billion

The Government has successively launched three luxury mansions in the Kai Tak Runway area. Following the site No. 3 in Area 4B, which was recently approved, the No. 4 site in Area 4B in front of the site will also be closed today.

The site covers an area of ​​about 104,000 square feet and can be built with a floor area of ​​574,000 square feet. The location and quality are similar to those of the previous site No. 3, and the landscape is relatively open. Therefore, the survey community has adjusted the latest land sales results and adjusted the latest land sales. Valuation.

If the two places merge, it will have a greater advantage.

When Zhang Churan, executive director of Zhongtianjun Surveyors, said that the land valuation was lowered by 21% from the original 10.92 billion yuan to 8.62 billion yuan, and the floor price was reduced from 19,000 yuan to 15,000 yuan, only slightly higher than the third. Site number (1.45 million yuan per trip) to reflect the difference in cortisol.

At present, the market’s latest valuation of the land is between 8.3 billion and 9.2 billion yuan, and the floor price is between 14,500 and 16,000 yuan.

Due to the No. 4 site of today’s tender closing, the site No. 3, which was jointly acquired by Defeng Real Estate, New World (00017), Henderson Land (00012) and Imperial Group, will be developed and planned. Then there will be a greater advantage, bringing more synergies.

The market estimates that the consortium may re-enter the bidding today and seek another city.

Huang Guangyao, managing director of Wheelock Properties, also said that he is interested in bidding for other land in the runway area and will study the bidding. However, there is no decision to bid for sole proprietorship or joint venture.

For the consortiums that have not been able to win the land, such as SHKP (00016), Ka Wah (00173), China Overseas (00688) and Jianye Real Estate, there are development projects in the Kai Tak area in the past or now. It will also be auctioned again and the market is fiercely competitive.