Hong Kong home sales extend post-Covid winning run as buyers snap up 78 per cent of flats in Yuen Long project
Buyers snapped up at least 111 of 143 units at a project called After The Rain in Yuen Long district on Saturday
Lived-in home prices in Hong Kong rose in January after borders were reopened, ending a seven-month slide
Homebuyers turned up in numbers to snap up the bulk of the flats on sale in a Yuen Long project on Saturday, highlighting better property market sentiment as the reopening of Hong Kong’s economy continues to unleash pent-up demand, according to agents.
At least 111 of 143 units on offer at the After The Rain
project were sold when showroom doors were closed last night, according
to agents. The project, developed by closely-held Star Properties,
added to a series of strong take-up rates in property launches since
early January, when China officially scrapped quarantine requirements.
Apart
from the border reopening, the market also improved following a cut in
stamp duty in February, some analysts said. While the project has its
own appeal, it may have benefited from buyers who turned away from Kai
Tak earlier this week to look at flats in other locations.
“The
result is quite good,” a property agent said. “The attraction is that
it is close to the Long Ping station, so transport is convenient.”
The
Yuen Long project offers units with sizes ranging from about 250 to 900
sq ft at an average price of HK$14,491 per sq ft. The cheapest units
start from about HK$4 million (US$127,000), making it popular among the
city’s first-time homebuyers, the agent added.
The price is comparable to other last year’s launches in the district, such as units at Park Yoho Bologna that were sold in October at HK$13,088 per sq ft. Flats at Grand Mayfair were tagged at HK$17,608 per sq ft during its launch in April.
Besides
homeowners, investors were among those who expressed interest in the
Yuen Long development. About 30 per cent of the buyers on Saturday
intend to lease them out for rental income, which could return 3 per
cent annually, the agent estimated.
Star Properties fared a lot better than Wheelock Properties. Buyers shunned nearly all the 111 units at the Monaco Marine
project in Kai Tak. Some residents have opposed a government plan to
build 10,700 temporary flats in the vicinity, saying it will diminish
its allure at Hong Kong’s second central business district.
Notwithstanding
that, the recovery in the city’s property market has kicked on as the
economy showed signs of improvement. Prices of lived-in homes rose by
0.6 per cent in January, halting a seven-month slide.
New launches, such as the Koko Rosso project in Lam Tin, One Innovale in Fanling and Novo Land in Tuen Mun, enjoyed brisk sales with near sell-out results.
“Pent up and delayed demand accumulated in the fourth quarter of 2022 is boosting the market now,” another agent said.
Most
of the new home transactions were for units priced below HK$12 million
each, with those below HK$10 million making up 85 per cent of the total
private residential volume, the agent added.
More developers are likely to rush their projects to the market in the coming months to ride the upturn, another agent said.
“We
foresee developers accelerating their projects in the pipeline to catch
up with the improved sentiment,” especially for the 13 developments
that have already secured presale consent, the agent added.
(South China Morning Post)
灣仔夏慤大廈單位 7480萬易手
土地註冊處資料顯示，灣仔夏慤大廈706至707室，建築面積約4,415平方呎，剛以約7,480萬元易手，呎價約1.7萬元，新買家威勝科技投資有限公司，公司董事包括吉為及吉喆，屬於威勝控股 (03393) 管理層。原業主為亮碧思，早於2007年以約5,286萬元購入，帳面獲利2,194萬元。
其次，葵涌大連排道K83低層1、2號室，面積約2,236平方呎，原業主2018年以約3,132.6萬元購入，剛以2,870萬元易手，持貨5年帳面蝕讓262.6萬元。
(經濟日報)
更多夏愨大廈寫字樓出售樓盤資訊請參閱：夏愨大廈寫字樓出售
更多灣仔區甲級寫字樓出售樓盤資訊請參閱：灣仔區甲級寫字樓出售
億京為首財團2021年豪擲約105億購入的九龍灣國際展貿中心，去年向城規會申建3幢地標甲級商廈，涉及可建總樓面約177.47萬方呎，當中有不少於約12.15萬方呎樓面作為展覽或有關用途。城規會昨日審議後，決定在有附帶條件下批准。
中建企業許世勳家族持有的上水一級歷史建築物愛園別墅所在地，向城規會申建969伙及100個安老院舍牀位，涉及可建總樓面逾141萬方呎；城規會昨舉行會議審議後，決定同意項目發展方案。另外，外資基金ESR及華懋合作發展的葵涌物流地亦獲該會准寬20%高限。
(星島日報)
更多九龍灣國際展貿中心寫字樓出租樓盤資訊請參閱：九龍灣國際展貿中心寫字樓出租
更多九龍灣區甲級寫字樓出租樓盤資訊請參閱：九龍灣區甲級寫字樓出租
新世界逾21億統一尖沙嘴舊樓業權
市區土地新供應罕有，近年不少財團透過舊樓併購以增加土地儲備。最新由新世界及有關人士併購的尖沙嘴漢口大廈，昨日舉行公開拍賣，該公司在無對手下以底價21.34億投得，成功統一業權發展，更是近2年來金額最大的強拍個案，每呎樓面地價約1.5萬。
每呎樓面地價約1.5萬
漢口大廈位於尖沙嘴漢口道43至49A號，現為11層高商住樓，地下為商鋪，樓上1至10樓為住宅。該舊樓早於1959年落成，至今64年樓齡。
該項目昨日舉行公開拍賣，結果由手持「1號牌」的發展商代表在無對手下，以底價21.34億投得，是近2年來金額最大的強拍個案，每呎樓面地價約15377元。
上述項目地盤面積約11565方呎，土地現規劃為商業用途，若以地積比率12倍發展，涉及可建總樓面約138780方呎。
(星島日報)
