Affected by the epidemic, Blue East Coast may delay occupancy

28Hse Editor  2022-12-15  1.2K #New Properties

There is another new property due to the impact of the epidemic on the occupancy period. Huang Shaohong, director of marketing and marketing of Minmetals Real Estate, said that due to factors such as the epidemic and project delays, the key date for the Blue East Bank of Yau Tong is expected to be changed from the original schedule next year. On March 31, it may be delayed for several months, and notices have been issued to buyers one after another, and more details will be announced in the short term.

60% of the units that have been sold will be available for sale next year

Huang Shaohong pointed out that a total of 412 units have been sold in the Blue East Coast, and the cash is about 3.6 billion yuan, accounting for about 60% of the total 688 units. The average transaction price is about 20,100 yuan per square foot.

At present, there are 276 remaining units for sale in this project, covering open-plan, two-bedroom to four-bedroom units and 8 characteristic units with an area of about 2,000 square feet. It is planned to launch sales in the form of existing buildings next year, of which 8 units are characteristic units with an area of more than 2,000 square feet. It is planned to sell by tender. Looking ahead to the trend of the property market next year, he expects the property market to develop steadily.

In response to the fact that Hong Kong is entering a cycle of interest rate hikes, Meridian Mortgage, a partner of Blue East Bank, launched a "low interest rate and high ratio mortgage discount" for buyers. The full term of the mortgage is as low as H+1.3%, and the upper limit is as low as P-2.5%, that is, the capped interest rate As low as 3.125%, the cash rebate is as high as 2%, the term can be up to 30 years, and you can also enjoy high deposit interest accounts.

Wheelock's property sales this year exceeded 9.5 billion

In addition, Wheelock Properties executive director Huang Guangyao said yesterday that the group's total sales amount so far this year has exceeded 9.5 billion yuan, including 585 residential units. As the government once again relaxes local and entry quarantine measures, it will benefit Hong Kong's economic activities, especially the tourism and related consumption markets, accelerate economic recovery, and boost the property market atmosphere. It is expected to have a positive effect on the property market next year.

Yang Congyong, marketing planning director of Zhongzhou Real Estate, said that Fotan Xingkai Embankment recorded two consecutive transactions yesterday, including Room A on the 38th floor of Block 2 and Room H on the 38th floor of Block 2. The transaction prices were 8.25 million and 6.89 million yuan, and the transaction price was 25,384 square feet and 26,602 yuan.

It is understood that the two units were purchased by the same buyer. The favorite project is close to the Fo Tan MTR station, and the off-plan period is very short, so the two units were purchased for long-term investment. The project has sold 869 units so far, accounting for about 70% of the units available for sale, and cashed out about 8.8 billion yuan.

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