After the hot season is over｜The first brand new product to sell! The first batch of 138 units at Belgravia Place sold out immediately | A new development in Cheung Sha Wan
The first new project to be launched for sale after the property market completely subsided, Cheung Sha Wan’s new project “Belgravia Place” Phase 1 started selling 138 units in the first round today (3rd) at the Miramar showroom . Plaza in Tsim Sha Tsui at 10 am During the sale, lots were drawn on the spot to determine the selection order of the properties. Most of the approved buyers arrived at the sales office around 9 am and were waiting in line with the view. crowded and the atmosphere fiery. The developer pointed out that all units were subscribed as of around 3:30 pm This is the first time a new project has been able to record first round sales since Yau Tong’s “Haihai Station II” in August last year.
Lin Damin, general manager of Henderson’s Property Division Sales Agency (I), said the first round of sales were mainly young buyers, and the one-bedroom units attracted many rent-to-buy customers. A total of 67 units were sold during Group A (ie, the high volume buyer period), consisting of 43 groups of buyers, and the largest buyer bought 4 units in a row. He revealed that new price lists and sales arrangements will be launched today or tomorrow (4th) at the earliest. The number of additional units will be similar to the number of units sold in the first round. There is a chance that it will be launched on Thursday ( 7th) or Friday (8th) Second round of sales.
Lin Damin said the unit with the highest transaction price was Room 9 on the 26th floor of Tower 1B, with a usable area of 457 square feet and three bedrooms. The transaction price was about 7.8574 million yuan; while the unit with the highest transaction price per square foot was Room 2 on the 27th floor of Tower 1A, with a usable area of 351 square feet., the two rooms are separated, and the transaction price per square foot approximately NT$18,028. He pointed out that many buyers had intended to enter the market before the Budget and had now implemented their market entry. Withdrawing the stimulus will help buyers to strengthen their confidence. He believes that “the worst time for property market sentiment has passed”, which is a good thing for the market.
After the hot season is over｜The first brand new product to be sold! The first batch of 138 units at Belgravia Place sold out immediately | A new development in Cheung Sha Wan
Ms. Zhao’s buyer: Throw “4 balls” to buy a house, buy a car, and withdraw money She has increased confidence in the market outlook.
The buyer, Ms Zhao, said she spent about NT$4 million to buy a one-bedroom unit this time. She thought the price was “affordable” and wanted to live close to her family. market. She revealed that she had planned to enter the market for about 5 to 6 years, but since property prices remained high, she had been waiting and watching. Seeing that property prices have fallen back to a reasonable level, confidence in the prospects of the property market has increased after the stimulus was withdrawn. It is expected that more people will enter the market and the number of transactions will is increasing.
Mr. Zhang’s buyer: Spend 7.34 million to buy a three-bedroom apartment and switch from renting to buying to see Zhongxiao.com enter the market
Mr Zhang, a buyer who lives in Kwai Chung District and works in education, said he spent about NT$7.34 million to buy a three-bedroom unit to live in. This is his first time buying a home. reasonable and said bluntly, “I think this is the right time to enter the market.” He revealed that he is currently renting an apartment and bought the unit mainly because of the attraction of the school network. He had decided to enter the market before withdrawing from the property, but in reality “it doesn’t help much.” Regarding the future trend of the property market, he said with a smile, “If you don’t know the market outlook, you won’t be able to anticipate it.”
The first round of “Belgravia Place” Phase 1 sales units includes 5 studio units, 35 one bedroom units, 74 two bedroom units and 24 three bedroom units. Usable area ranges from 199 to 457 sq ft . maximum discount of 10%, the unit discount The actual selling price ranges from 3.168 million to 7.523 million yuan, the discounted price per square foot ranges from 14,838 yuan to 17,359 yuan, and the average discounted price per square foot square about 15,888 yuan. The first round of sales is divided into Group A and Group B periods. Group A is the period for big buyers. Buyers must purchase at least 1 unit with a salable area of 400 square feet or more, or at least 2 but no more than 4 units; Group B buyers are required to purchase at least 1 but no more than 2 units. Finally, the first round of project sales received more than 4,330 votes, and was oversubscribed more than 30 times.
Chen Yongjie, Vice Chairman of Centaline Real Estate Asia Pacific and President of the Residential Department, said that “Belgraiva Place” is located in the heart of Kowloon. Not only is it popular with users, but it also attracts investors and long-term tenants to move in. the market. This morning, the company’s buyer attendance rate reached 70% 80%, the two-bedroom apartment type is the most popular, mainly for consumers, accounting for about 80%, and investors also account for around 20%, which has increased significantly compared to before withdrawal.
He said that the market is turning for the better, with projects being priced before withdrawal, and that the prices are being suppressed, attracting a large number of buyers to enter the market; while the market has a lot of direct stock, and it is believed that developers will sell the last stock first, and new projects will come to the market one after the other. “Belgraiva Place” will be promoted with a conditional price increase. The increase is expected to be around 2% to 3%, and it is expected to have sufficient capacity to undertake it.
Chen Yongjie predicts that the direct transaction volume this month will reach 1,500Zong
Chen Yongjie pointed out that since the new “Financial Budget” announced the withdrawal of spicy food, the transactions of the property market have been significantly revived, especially the primary market. About 220 transactions were recorded in the last four days, which equates to 80%. of the primary proceedings last month. , which includes new projects of various types, ranging from low-priced projects to luxury homes, reflecting that the property exchange chain is starting and that the market has returned to normal trading volume in an orderly manner. If the number of direct transactions reaches 300 this Saturday and Sunday, it will be a three-month high in December last year. Based on this extrapolation, it is estimated that the number of direct transactions this month could reach 1,500, which is a new high in the year since March last year.
Information shows that the first phase of “Belgravia Place” has launched two price lists so far, with a total of 220 units, of which 138 units have been sold today. “Belgravia Place” is being developed in two phases. The first phase provides 714 units. It comprises attached residential buildings 1A and 1B. Unit types range from studio to three bedroom, and the salable area ranges from 177 to 756 square feet The project is expected to have a key date of July 31, 2025.
Check out the latest information on Belgravia Place Phase 1 in Cheung Sha Wan (House730)
The original article was published on AM730
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