the group’s launch plan for next year includes three projects, involving a total of about 700 units, of which the Changsha Bay Yingpan Street project will provide 467 units. roll out
The earliest project of the group is Xiyingpan West Side Street Project, which is only 2 to 3 minutes away from Xiyingpan MTR Station. It is mainly open-plan and one-bedroom. As it is an old lease project, it will be more flexible in sales. The property is located near the Central Business District, and the school network of No. 11 school is believed to be attractive to young couples.
The other focus project is the Yingpan Street project won in 2016. Zhou Mingxi pointed out that the project involves 467 units. It is expected that the pre-sale consent will be obtained in the first or second quarter of 2020, and the sale will be deployed. The unit will be opened. It ranges from 3 to 3 bedrooms and is mainly small and medium sized units. He also revealed that in order to implement the humanistic spirit that the Group values, the project will also incorporate characteristic designs in the building to reflect the coordination of the real estate with the surrounding environment.
Sheung Yuen in Tuen Mun will push 30 houses
As for the Group’s Le Pont in Tuen Mun, which has been on sale, it has sold more than 1,000 units so far, realizing more than 6.5 billion yuan, with about 130 units remaining, mainly featured units and houses.
Zhou Mingxi plans to sell 30 houses in the second half of the year after obtaining the occupation permit in 2020. The 27 houses range from 2,707 to 2,762 square feet and belong to the four-bedroom unit. The other three director houses with private pools have a larger area. At 4,860 square feet, the pricing will be based on the surrounding first-class units of the same quality.
Regarding the sale of some of the houses in Shangyuan as existing buildings, will they worry about the impact of the first-hand vacancy tax? Zhou Mingxi pointed out that the vacancy tax is calculated after the occupation permit is obtained for the real estate. Shangyuan has not yet obtained the occupation permit. Deployment, and the project has already sold nearly 90% units, I believe that the impact of vacancy tax may not be too great.
Chunyang Street site proposed for hotel development
In recent years, Vanke has many old building reconstruction projects acquired from the secondary market, including Homantin Freedom Road and North Point Chunyang Street project. Zhou Mingxi pointed out that Vanke (Hong Kong) plans to develop in Hong Kong for a long time, so the land reserve is The important link will be slowly established, and all land sources will be considered by the government for land sales, railway projects, or old building purchases, but it is emphasized that bidding is required after a risk assessment.
As for the North Point Chunyang Street site purchased by Vanke Hong Kong for 580 million yuan in the private market, it is reported that the hotel development is planned to be completed in 2023. The Homantin Freeway project acquired through the old building is currently under planning. Phase, I believe it will be launched in 2021 or later.