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Hong Kong Property Market Continues to Heat Up: Henderson's Leo Court Phase 5 First Round of Sales Set to Begin
Mar 19, 2024
Hong Kong Property Market Continues to Heat Up: Henderson's Leo Court Phase 5 First Round of Sales Set to Begin Hong Kong
By   Internet
  • City News
  • Hong Kong property market
  • first round of sales
  • Hong Kong real estate
Abstract: The Hong Kong property market has shown signs of warming up recently, with Henderson (00012) actively promoting sales of Leo Court Phase 5 in Tai Kok Tsui. The latest news reveals that the project released Price List No. 2 yesterday, offering 25 units for sale at an average selling price of $19,047 per square foot, emphasizing that these units are sold at original prices.

It is reported that the first round of sales will commence this Friday (22nd), with a total of 68 units available for buyers to choose from, and each group of buyers will have the opportunity to purchase up to four units. Specifically, the 25 units covered by Price List No. 2 have discounted prices ranging from $4.7288 million to $6.6672 million, with a selling price per square foot ranging from $17,385 to $20,486, and an average selling price per square foot of $19,047. Han Jiahui, a property agent for Henderson, stated that considering factors such as the view and floor level, the pricing this time is at the original price without any markup.


Taking one unit from Price List No. 2 as an example, Unit E on the 20th floor has an area of 252 square feet, with a discounted price of $5.083 million. In comparison, Unit E on the 21st floor from Price List No. 1, with the same area, has a discounted price of $5.0931 million, with only a 0.2% difference in price between the two.


Hong Kong Property Market Continues to Heat Up: Henderson's Leo Court Phase 5 First Round of Sales Set to Begin

Internet


The 68 units available for sale in the first round this Friday have discounted prices ranging from $4.3736 million to $7.3333 million, with a selling price per square foot ranging from $17,029 to $21,586. The sales event also specifically sets up a priority arrangement for large hands, allowing each group of buyers to purchase up to four units, with the deadline for purchase set on Thursday this week (21st).


Meanwhile, New World Development (00016) is also launching a new round of sales for NOVO LAND Phase 2A in Tuen Mun, offering a total of 168 units from Price List No. 6, with discounted prices ranging from $3.4093 million to $9.1842 million, a selling price per square foot ranging from $12,706 to $15,254, and an average selling price per square foot of $13,923. Compared with Price List No. 5 in November last year, the average selling price has only increased by about 0.2%. The project is also scheduled to start selling 186 units this Friday (22nd), providing more opportunities for buyers to choose from.

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Hong Kong Property Market Continues to Heat Up: Henderson's Leo Court Phase 5 First Round of Sales Set to Begin
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