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Every other half year Tin Shui Wai discs increase 13.5% discounts
Jul 21, 2023
Every other half year Tin Shui Wai discs increase 13.5% discounts Hong Kong
By   Wen Wei Po
  • City News
  • New Property
  • New Property Following Launch
  • Real Estate
Abstract: On the eve of the Federal Reserve's interest rate meeting next week, two new developments in Kowloon continue to actively deploy their plans to launch.

Henderson real estate's Hung Hom BAKER CIRCLE phase 3 officially named BAKER CIRCLE - GREENWICH, the fastest next week uploaded the sales brochure, expected to be sold next month. As for long as the deployment of the Yau Tong sea-friendly station I next week uploaded sales brochures, will be immediately after the sea-friendly station II debut. In addition, Phase 3 of Wetland Seasons Bay in Tin Shui Wai, a subsidiary of SHKP, yesterday added a 13.5% discount to Unit 5 of its price list, which was originally announced in January with no discount, a de facto price reduction.

 

Henderson Property Agency General Manager Lam Tat-Man said, BAKER CIRCLE - GREENWICH as soon as next week to upload the sales brochure, there is a chance that the first price list will be announced within this month, will be at the market price of the opening of the market, the sale of the next month.

 

BAKER CIRCLE will be built in 9 residential towers, providing about 2,800 residential units, as well as commercial streets and public squares. Among them, the current phase of the project provides 278 units, covering open-plan to three-bedroom households, mainly one-bedroom households, the key date is expected to be mid-2025, the flowering period of about 18 months. As for the first phase of the project, 141 units were sold with average price of RMB 24,600, and 195 units were sold with average price of RMB 20,538.

 Every other half year Tin Shui Wai discs increase 13.5% discounts

For the market situation, he believes that China's second-quarter GDP growth rate of 6.2%, is still the engine of global economic growth, and expects the Hong Kong property market has reached a low level, the interest rate will soon peak, the economy is back to growth driven by demand, that now is a good time for users to enter the market, estimated that this year's first-hand plate transactions back to 13,000-14,000, less than 10,000 than last year, an improvement.

 

On the other hand, Cheung Kong's Yau Tong sea-friendly station to speed up the pace of sales. Long real sales department chief manager Guo Ziwei said, due to receive a lot of inquiries, after last week uploaded the pro sea station II sales brochure, deployed next week uploaded the pro sea station I sales brochure, provide 228 units, mainly two to three rooms, but also set up a one to three rooms featured households, will be followed by the pro sea station II debut, and is expected to be pro sea station I even the rooftop featured households foot price is expected to challenge 36,000 yuan.

 

Guo Ziwei pointed out that the sea-friendly station II inquiry is not bad, specialists accounted for about 50%, will set up a team of 10 people to greet customers from outside the inquiries. Earlier the disk announced that it will launch a 5% discount love talent program.

 

In addition, Wetland Seasons Bay Phase 3 in Tin Shui Wai, a subsidiary of SHKP, updated its price list yesterday, adding a 13.5% discount to unit No. 5 of the price list, which was originally announced in January without a discount, to reduce the price in disguise; and amending unit No. 2B of the price list to abolish the Flexible Payment Plan and replace it with a 120-day payment plan. At the same time, the property will be put up for sale next Monday with 8 units, all of which are located in Block 6A, distributed in the revised price list No. 2C and No. 5A, with an area of 418 and 437 square feet, at a discounted price of $6,061,000 to about $6,350,000 in real terms.

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Every other half year Tin Shui Wai discs increase 13.5% discounts
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