MTR Corporation (0066) received
only three bids for phase 1 of its Oyster Bay/Siu Ho Wan property
development - lower than market expectations - when the tender closed
yesterday.
CK Asset (1113) and Wheelock Properties were two of the bidders.
Wheelock
said it remains positive about Oyster Bay's potential and has taken the
recent withdrawal of previous projects into account while placing its
bid.
Phase 1 will offer about 1,400 flats with 1.25 million square feet for residential use as well as 67,400 sq ft of retail space.
Market valuations range from HK$3.94 billion to HK$6.56 billion, or HK$3,000 to HK$5,000 per sq ft of floor area.
Surveyor
says it is unlikely that the tender will be withdrawn as it is a key
project, sitting atop a subway station. It had forecast eight bids at
most, taking into account interest rate hikes.
Elsewhere,
a residential site on Po Fung Road in Tsuen Wan will close bids
tomorrow. The plot has a site area of 89,987 sq ft and an estimated
buildable floor area of 314,309 sq ft.
Another
surveyors expects the site to be valued at HK$1.41 billion or HK$4,500
per sq ft, which could be attractive for medium- or small-sized
developers.
Meanwhile,
the Urban Renewal Authority revealed that the second highest bid for its
Queen's Road West/In Ku Lane development project was HK$950 million,
22.2 percent lower than the winner offer of HK$1.16 billion from CK
Asset.
(The Standard)
Property prices set to rise 10pc amid rebound
Morgan Stanley has raised the property price forecast for Hong Kong this year to a 10 percent rise from 5 percent earlier.
The
number of transactions in the primary market will rebound by 28 percent
and the secondary market by 15 percent in 2023 from a low base in 2022,
as interest rate peaks and the border with the mainland reopened, the
investment bank said.
Rents
of street shops will also rise by 5 percent this year after a 7 percent
drop in 2022 and retail sales growth projection is revised up by 6
percentage points to 15 percent as mainland tourists return to the city,
it estimates.
Hong Kong Property Services is even more upbeat, expecting local home prices to rise up to 15 percent this year.
If
the upcoming budget provides more stimulus to the economy or even cuts
the stamp duty, new home transactions could soar by over 60 percent and
second-hand transactions by over 20 percent, the agency said.
New
home sales nearly doubled after the border reopened with China on
January 8 compared to the previous 31 days started December 8 and
overall home prices have increased 0.88 percent since the beginning of
the year, its peer a property agency said.
In the primary market, meanwhile, Sun Hung Kai Properties (0016) said the sales brochure of phase 2B of Novo Land
in Tuen Mun will be released next week and sales could take place as
soon as this month. Showrooms will open next week and the first price
list may be unveiled as well, the developer said.
The project, atop a mall, provides 729 flats.
In
Ap Lei Chau, Chuang's China Investments (0298) has named its new
project - which includes 105 flats with sizes ranging from 205 to 317
square feet - as Aruna. The flats include 20 studios, 77 one-bedroom and
eight special units. The sales brochure will be released next week and
sales could be launched in the quarter, the developer said.
In Tseung Kwan O, Nan Fung Group has trimmed the maximum discount for 54 flats at LP10 by 1 percent, according to its updated price lists.
In Tai Kok Tsui, 18 flats at The Quinn Square Mile will be put on the market on Sunday, the developer Henderson Land Development (0012) said.
Ranging
from 206 to 382 sq ft, the flats are priced at between HK$4.68 million
and HK$8.88 million after discounts, or from HK$22,385 to HK$26,220 per
sq ft.
In Cheung Sha
Wan, Grand Victoria II, co-developed by Sino Land (0083) and others,
sold five homes yesterday for a total of HK$77.38 million.
(The Standard)
小蠔灣1期3標書 港鐵項目8年最少
長實會德豐新地競投 估值39.4億起
屬於未來大型住宅供應來源之一的港鐵 (00066) 大嶼山小蠔灣項目第1期昨日截標，僅接獲3份標書，主要吸引大型發展商入標，標書數目亦屬港鐵項目約8年來最少。業內人士認為，這反映發展商投地時充滿戒心，尤其大型項目。
項目於昨日下午2時截收標書，港鐵公布，項目昨共接獲3份標書，港鐵公司將詳細考慮收到的標書文件，並於稍後公布招標結果。
去年接獲33份意向書
據昨日現場所見，有3個財團到場入標，包括長實 (01113) 、會德豐及新地 (00016) 。事實上，項目於去年12月時，共接獲33份意向書，反應相當不俗，惟是次入標的反應則明顯轉淡，僅接3份標書。資料顯示，是次接獲的標書數目，屬於2014年4月同屬港鐵項目日出康城4期後最少，當年標書數目同為3份。
會德豐地產物業發展高級經理何偉錦表示，集團是次獨資入標，鑑於項目屬於新發展區，而集團在日出康城亦有發展經驗，看好小蠔灣項目未來發展潛力，又指出價已經考慮各類因素。對於近期發展商投地時出價較低，亦有地皮接連流標，他就認為這反映目前市況。
業界指項目規模大 有戒心
有代理認為，是次招標反應符合預期，因為項目規模大，屬於長綫投資，加上目前樓市充斥不利因素，發展商投地時十分有戒心。該代理又直言，目前土地供應量大大增加，對於壓低樓市可謂「萬試萬靈」。
有測量師表示，鑑於項目屬於港鐵項目，一般而言較其他遠離鐵路站的流標風險低，但若不幸流標，會影響日後項目其他期數的招標進度及短期內的政府土地招標反應，對後市影響頗深遠。
是次招標項目的總樓面達約131.3萬平方呎，截標前市場估值約39.4億至60億元，每平方呎樓面地價約3,000至4,570元。
(經濟日報)
市建西營盤項目中標價高次標22%
去年底由長實以11.61億投得的市建局西營盤皇后大道西/賢居里項目，該局昨日公布其餘6份落選標價，出價介乎7.08億至9.5億，呎價約5826至7817元，而中標價較次標高出約22.2%，可見長實出價進取。
該項目在去年11月底共接獲7份標書，市建局於同年12月中旬批出項目發展權，最終長實以11.61億力壓6財團奪得項目，當時每方呎樓面地價約9554元。市建局以不具名方式，公布其餘6份落選標價，首兩標出價已見差距，其中次標出價約9.5億，與中標價相差約2.11億，樓面呎價則約7817元，首標較次標僅高約22.2%。
次標出價9.5億
緊隨其後為9.08749億，與中標價相差約27.8%；同時有4標出價不足9億，當中最低入標價僅7.08億，與中標價相差約4.53億，差幅達約64%，樓面呎價僅約5826元。
市場消息指出，項目售樓收益達35億，中標財團便須與市建局分紅，固定分紅40%，若以項目總樓面約12.15萬方呎計，相當於每方呎售價約2.88萬便需要分紅，對比今年8月批出的崇慶里/桂香街發展項目當時每方呎售價逾3.16萬便需要分紅為少。
另外，發展商亦需向市建局自行提出「一口價」建議，將成為勝負的關鍵。該項目設有限呎條款，住宅單位面積不得少於300方呎，同時規定至少一半的單位面積不可超過480方呎。
項目位於皇后大道西129至151號，鄰近港鐵西營盤站。市建局2018年3月展開上述項目，並於2019年8月以實用面積每方呎24051元向小業主提出收購價建議。項目地盤面積約1.69萬方呎，可建總樓面約12.15萬方呎。
(星島日報)
