過往集團旗下的屯門3個新盤 (即THE CARMEL、OMA OMA 及 OMA by the Sea )，市場反應理想，買家大部分為25至35歲人士，故此粉嶺項目會繼續沿用「Affordable Luxury」方針作規劃，針對新世代買家對優質生活態度及其喜好作設計，除力吸首置客，以及年輕買家外，亦可望吸引中港商人。同時亦正物色國際級大師協助設計。
至於同系的 OMA OMA 方面，吳家煒再指，該項目已接近現樓階段，正待批滿意紙，而另一項目 OMA by the Sea 已沽出逾85%單位。
據土地註冊處資料顯示，原業主為石天影業有限公司，公司董事是劉偉城 (石天) 及劉維新，兩人早於1987年以此公司名義斥資595萬元買入上述單位。換言之，單位於34年間帳面升值39倍。
Higher prices dampen primary home sales
Primary property transactions are expected to fall 20 percent from a month ago to 1,500 in July as home prices keep rising, according to property agency.
Property agent said that more than 1,100 primary property transactions have been recorded this month while their market index, which reflects secondary residential property prices, has been hovering at record highs.
However, rising home prices have brought down transaction volumes, the agent said.
Over the weekend, K&K Property sold 41 units, or 52 percent out of the first batch of SkyeHi in Tuen Mun. Comprising three price lists, the first round sales offer a total of 79 one-bedroom units with areas ranging from 265 to 290 sq ft at discounted prices of HK$4.5 million to HK$6 million.
And Hip Shing Hong's Ho Man Tin project, Madera Garden was fully subscribed as the developer received more than 30 checks for its first batch of 30 units over the weekend.
Meanwhile, homebuyers were reviewing their options after six local banks suspended mortgages for China Evergrande's (3333) uncompleted projects in Tuen Mun and Chueng Shan Wan.
The buyer of a 307-sq-ft one-bedroom unit in Emerald Bay II canceled the HK$5.28 million deal and was expected to forfeit a 5 percent deposit of more than HK$260,000.
It is estimated that nearly 60 buyers from Emerald Bay II in Tuen Mun and The Vertex in Chueng Shan Wan are affected by the suspension, while there have been a total of 18 forfeitures in the primary market so far this month.
In the secondary market, the agency’s top ten housing estates recorded 18 transactions in the weekend, a 20 percent increase from a week before.
The figure has stayed in double-digits for 23 consecutive weekends, that is, in the past six months.
Among them, Kingswood Villas in Tin Shui Wai accounted for six transactions, the highest among the blue-chips estates, followed by Whampoa Garden in Hung Hom and Caribbean Coast in Tung Chung, which both recorded three transactions respectively.
Two housing estates, namely Tai Koo Shing in Quarry Bay and Mei Foo Sun Chuen in Lai Chi Kok, recorded no transactions.
K&K Property’s one-bed flats in Tuen Mun meet with tepid response as Hong Kong buyers await bigger project launches
The SkyeH! development appealed mainly to cost-conscious, first-time buyers, according to property agents
Only half of the batch of 79 flats were sold on Sunday, but property agents remain positive about the market outlook as the economy recovers
A sale of new flats in the west of Hong Kong’s New Territories failed to hit the spot with buyers on Sunday, with only half of the 79 small units available being snapped up.
But property agents said the modest sales at K&K Property’s project SkyeH! , which has a total of 112 units, were not indicative of the overall state of the city’s real estate market. They said that because all the units in the development are one-bedroom flats, it has mostly attracted younger, cost-conscious first-time homebuyers.
Older, more experienced buyers with deeper wallets are standing on the sidelines awaiting the launch of bigger new projects, such as Sun Hung Kai Properties’ Wetland Seasons Bay project in Tin Shui Wai next month. That development has 1,996 flats on offer and will be a more accurate gauge of overall demand, the agents said.
“Property prices are likely to continue to rise for the rest of this year,” property agent said. “We are keeping our full-year forecast of a 15 per cent rise this year compared to 2020.”
Prices at SkyeH! ranged from HK$22,204 to HK$22,530 per square foot, yielding a total cost of between HK$4.5 million and HK$5.4 million per flat.
Based on the developer’s price list published on July 15, the launch price was 11 per cent higher than a nearby project even after K&K property offered a discount of up to 16 per cent at SkyeH!.
A total of 550 registration of interests were received for this, the first round of sales, meaning about seven interested buyers were going after each of the 79 units available.
The tepid reception for SkyeH! follows similar responses seen on Saturday, when just 30 of a combined 191 leftover apartments at four projects were sold, less than a fifth of the total on offer.
For the rest of this month, a lack of sizeable project launches will probably lead to a drop in new unit transactions, some property agents have said.
Property agent expects that about 1,800 units to have changed hands by the end of this month, totalling HK$25 billion. That would represent monthly declines of 6.7 per cent and 16.4 per cent respectively.
“Both new and used home transactions have declined in July as property prices have trended higher,” another agent said.
Hong Kong’s second-hand home prices dipped by 0.5 per cent to 186.89 in the week ending July 18, according to the agency’s market index, which tracks transactions in 100 housing estates across the city. The current level is only 1.9 per cent off the June 2019 peak of 190.48.
But the agent said that they remain optimistic about the market outlook because of the city’s economic recovery after the Covid pandemic was brought under control. The prospect of Hong Kong and Chinese governments waiving quarantine requirements for travellers could rejuvenate demand from mainland buyers, the agent said.
(South China Morning Post)