瑞安中心單位意向價5232萬

有代理表示，灣仔瑞安中心12樓09至10室，面積約1804方呎，意向呎價約2.9萬元，涉及金額約5232萬元，可以買賣公司形式交易。

該代理指出，項目以交吉形式出售，單位可望中區商廈樓群城市景致，附有精緻寫字樓全裝修，可即買即用，為準買家節省裝修時間及費用，自用或出租均見優勢。

(信報)

更多瑞安中心寫字樓出售樓盤資訊請參閱：瑞安中心寫字樓出售

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

九建牛池灣重建計劃 補價97億

市區歷來最大宗 保留百年建築建5幢住宅

九龍建業 (00034) 牛池灣前聖若瑟安老院重建計劃，經過近20年規劃，終於達成補地價96.58億元，屬於全港歷來第2大額補地價，更屬市區歷來最大宗，每呎樓面地價約4,464元。

前聖若瑟安老院位於清水灣道35號，鄰近牛池灣村及彩虹站，原本屬於安貧小姊妹會經營的聖若瑟安老院，部分建築物已經有近百年歷史，九建在2002年購入後一直進行規劃發展，在2011年獲批出「寓保育於發展」的建築圖則，保留3幢歷史建築並興建5幢住宅大樓，在2014年曾獲批上蓋施工同意書，但因未與政府達成補地價，故此未正式落實發展。

九建昨日發出通告指，接獲政府的原址換地協議，將向政府交還上述項目20.8萬平方呎用地，並補地價96.58億元，以換取原址重批24.1萬平方呎用地，換地完成後，新批用地可供發展成5幢住宅大廈及一個零售購物中心項目。

西貢十四鄉補價159億最高

據資料顯示，今次補地價將會是自2017年11月，新地 (00016) 為西貢十四鄉補地價158.9億元之後，近4年最大宗補地價個案，以市區地段計算，更屬歷來最大宗個案。

如果以項目補地價後總樓面面積216萬平方呎計算，即每平方呎補地價約4,464元水平，扣除商業部分所佔補地價約9.9億元，亦即是住宅部分每平方呎補地價約5,869元，遠低於近年啟德等市區地皮的地價水平，惟考慮到地皮涉及保育因素，以及地皮原有價值 (Before Value)，市場普遍預認補地價屬於合理水平。

有測量師稱，相信地價合理，因有保育原素，加上當區以資助房屋為主，近期周邊最新推的新盤已經是安達臣道新盤，認為樓價對比啟德較低也屬合理。發展商在今年中向城規會再申請新方案，擬興建5幢逾60層高摩天住宅大廈，保留屬於歷史建築的別墅及宿舍部分，將提供5,005個單位，現時方案增加1.5倍，現有待審批。

按照以每呎建築成本約5,000元計算，計及「10%發水樓面」、發展商2成利潤、8成實用率計算，粗略估算落成後實用呎價將在1.36萬元起，相較之下，現時地皮周邊私樓如清水灣道8號 (15年樓齡) 近期二手實用呎價約1.7萬元。

近期發展商補地價步伐加快，包括早前香港興業 (00480) 為愉景灣項目補地價52.4億元，將建逾1,400伙，而太古地產 (01972) 則為柴灣中巴車廠補地價45億元，將建800伙。

(經濟日報)

Kowloon Development to pay HK$9.66 billion premium in St Joseph’s Home for the Aged land exchange

The deal represents the largest land premium paid since 2017

Kowloon Development has sought to redevelop the St Joseph’s Home site for years before land exchange

Kowloon Development has agreed to exchange land it had hoped to redevelop for years on the site of the former St Joseph’s Home for the Aged in Clear Water Bay, and will pay the largest land premium in four years for another site in Kowloon.

The property developer said two of its subsidiaries agreed to surrender a 19,335 sq m (208,120 sq ft) lot at the historic site to the government and would pay a premium of HK$9.66 billion (US$1.24 billion) for a larger lot of 22,373 sq m with a 50-year lease term, according to a stock exchange filing on Friday.

Kowloon Development said it plans to build five residential towers on the new site over a retail shopping centre.

“With the development of the regranted lot, it is expected to bring synergy to the company’s property portfolio, enhance its income revenue and yield long-term return for the shareholders of the company,” Kowloon Development said in the filing. “The company’s development land bank and foundation will also be further broadened and strengthened as a result.”

The new lot will yield a maximum of 2.16 million sq ft of total gross floor space, with the land premium translating into HK$4,464 per sq ft.

The announcement did not specify where the new lot is, just that it is identified as New Kowloon Inland Lot No. 6458. A search of the city’s Land Registry late Friday did not immediately produce a location for the lot.

It is the largest land premium since Sun Hung Kai Properties (SHKP), one of the city’s biggest home builders, agreed to pay a record premium of HK$15.9 billion in 2017 to build more than 4,700 villas and medium-rise flats on converted farmland in Sai Kung

Kowloon Development had sought for years to redevelop the historic site of the St Joseph’s Home for the Aged near the Choi Hung MTR station in Ngau Chi Wan, citing it as one of its three major projects in Hong Kong in its interim financial report in September.

The St Joseph’s Home was operated by the Little Sisters of the Poor and was one of the first organisations dedicated to caring for the city’s elderly. It served as a home for refugees who fled the Japanese invasion of China in the 1930s.

Planning permission was first granted for the site in 2003, requiring the developer to submit preservation plans for three historic buildings on the site: the Villa, the Gate House and Dormitory A of the former St Joseph’s Home. The Villa was originally owned by Chan Keng-yu, one of the founding directors of the Chinese Chamber of Commerce.

In 2010, those three buildings were classified as grade 2 historic buildings by the city’s Antiquities Advisory Board.

The issue of the land premium at the historic site had lingered for years despite foundation works and traffic assessments being conducted at the site.

In its interim report, Kowloon Development said land premium procedures at the site were “in progress” and the expected date for completion of the project was “to be determined”.

(South China Morning Post)

Hong Kong’s homebuyers make a beeline for Manor Hill’s tiny flats, shrugging off record average price for Lohas Park area

Kowloon Development sold 326 of the 438 tiny flats at its Manor Hill project in Lohas Park as of 9pm, according to sales agents

The flats, measuring between 203 and 428 square feet, were offered at an average price of HK$20,921 (US$2,690) per square foot, setting a record for the area

Hong Kong’s homebuyers snapped up a collection of tiny flats on offer over the weekend at Lohas Park in Kowloon’s Tseung Kwan O area, shrugging off the record price that was 30 per cent more than the most recent launch in the neighbourhood.

Kowloon Development sold 326 of the 438 tiny flats at its Manor Hill project in Lohas Park as of 9pm, property agents said. The flats measure between 203 square feet (18.9 square metres) and 428 sq ft, with prices from HK$3.88 million (US$499,000) going up to HK$9.2 million. The average price of HK$20,921 (US$2,690) per square foot was a record, making Manor Hill the most expensive new launch at Lohas Park.

Still, the tiny flats required smaller capital outlay than larger apartments, a key consideration that attracted many buyers on the first rung of the property ladder or young couples, property agent said.

“We expected sales to be good because of its low entry price, and the project is attractive for young buyers as Lohas Park is becoming popular, with an MTR [subway] station and a shopping centre,” the agent said, adding that some customers were keen to fork out HK$13 million for two single-bedroom flats for investment. “About 80 per cent of the [buyers] are young people. Half of them would receive financial help from their parents.”

The modest success of Manor Hill underscores Hong Kong’s real estate bull run, which has gathered momentum in recent months in tandem with the city’s economic recovery and low interest rate.

The buying momentum for new homes is likely to improve in the remainder of the year, the agent said, and the sales of newly completed abodes may rise to 1,800 units in October, increasing to 2,000 next month, the agent said.

Manor Hill is being offered at a price range of between HK$18,972 per square foot and HK$24,315 per sq ft after a 3 per cent discount. That made it about 30 per cent higher than the LP10 housing project by Nan Fung Group and the subway operator MTR Corporation in the same neighbourhood.

This weekend’s launch reversed the tepid reception the previous Saturday when Centralcon Properties sold fewer than half of the 338 flats at The Arles project in Sha Tin, while Wheelock Properties found buyers for only four of the 101 apartments at Koko Hills in Nam Tin.

Home sales in Hong Kong have picked up as “confidence returned to the market at levels not seen in years,” another agent said.

“The market and investor sentiment has softened in the last two weeks” at the start of the year’s final quarter, but the longer-term outlook remained very strong, the agent said.

“Hong Kong property is reclaiming its status as an attractive asset class,” agent said. “Stabilising business, market liquidity, and low rates home mean owners willing to hold for the next 5 to 10 years can be assured of secure capital growth.”