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Changshi sea-friendliness station most flat $2.9 million!
Aug 4, 2023
Changshi sea-friendliness station most flat $2.9 million! Hong Kong
By   Centaline Property
  • City News
  • Hong Kong Property
  • Property Transaction
  • Property
Abstract: CKI Yau Tong Sea Friendly Station opens its doors with foot price starting from as low as $13,443, and the entrance fee is only $2.9 million. CKSFL's Chiu Kwok Hung (pictured centre) describes it as a "flat price".

Cheung Kong (1113) has dropped another "deep water bomb" on the property market, its Yau Tong new property Oceanside Station II announced the first batch of price lists today, involving 132 units, with an average price of $14,997, which is not only over 16% lower than the first batch of price of Longyue, a new property in the same district, which was launched in November last year at $17,938, but also the lowest first batch of price in 7 years after the first batch of price of Kai Tak No. 1 in 2016, which is at $14,471, and the lowest entry fee in 7 years. It is also the lowest urban new property in 7 years after the first batch price of $14,471 for Kai Tak 1 in 2016, and the entrance fee is even lower than $2.9 million, which is more than that of the New Territories property.

 

Changshi executive director Chiu Kwok Hung said, describing the pro-sea station to "flat burst price" launched, and revealed that the project's "station" word has to help the public to get on the train and transfer meaning, the developer has the responsibility to "do not have to earn all, do not have to earn more" attitude to solve the public's housing problems, and also expected that this year's property market narrowly upward and downward.

 

The chief manager of the sales department of Cheung Kong, Kwok Tze-wai, said that the project will collect tickets on Saturday at the earliest, and open the demonstration units simultaneously, and plan to open for sale within a month.

 

It is worth noting is that the long real on the sale of two New Territories discs, including Tuen Mun Flyer 1 phase, launched in June last year, the first batch of units discounted real average foot price of $ 15,050: Hung Shui Kiu # LYOS more expensive, October 2021 when the sale of the first batch of foot price also amounted to $ 15,503, the open-ended the most flat 3,458,000 yuan (area of 205 sq ft), means that the urban new discs have been levelled out over the New Territories Northwest District.

 Changshi sea-friendliness station most flat $2.9 million!

The first batch of 132 units of Oceanside II, with usable area ranging from 210 to 718 sq.ft. including open-plan to 3-bedroom units, among which, 22 units of open-plan, 43 units of 1-bedroom, 52 units of 2-bedroom and 15 units of 3-bedroom, with price list pricing ranging from $3,536,000 to $13,757,000, and price list price ranging from $16,394 to $20,008 per square metre. The market value of the whole batch is $925 million based on the pricing.

 

The maximum discount for open-plan to 2-bedroom flats is 18 per cent, while 3-bedroom flats can get up to 19 per cent. Therefore, the discounted price of the whole lot ranges from $2.9 million to $11.143 million, and the discounted price of feet ranges from $13,443 to $16,407.

 

The cheapest unit in this price list is Flat K, 1/F, Block 2A, an open-plan unit with a saleable area of 210 sq.ft. After deducting 18% discount, the discounted price is $2.9 million, discounted price is $13,810. The cheapest 1-bedroom unit is Flat J, 1/F, Block 2A, with a saleable area of 272 sq.ft. The discounted price is $3.772 million, discounted price is $13,868.

 

The flattest 2-bedroom flat is Flat B, 1/F, Block 2A, with a saleable area of 449 sq ft at a discounted price of $6,036,000 and a discounted price of $13,443 per sq ft, while the flattest 3-bedroom flat is Flat A, 9/F, Block 2A, with a saleable area of 718 sq ft at a discounted price of $10,370,000 and a discounted price of $14,443 per sq ft.

 

According to the information of Centaline Property, the second-hand housing estates in the same district include Hoi Ao Wan, Carpark Bay World, Hei Terrace and OCEAN ONE, and the current second-hand square feet price ranges from $16,516 to $17,51, and Oceanaire Station is 14% lower than it. As for Peninsula East, which is adjacent to OCEAN ONE and is nearly 7 years old, the current second-hand price is $14,587.


Oceanside Station is developed in two phases with 886 units, the first launched Oceanside Station II accounted for 658 units, units from open-plan to 3-bedroom, among which open-plan to 2-bedroom accounted for about 80% of the current phase.

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Changshi sea-friendliness station most flat $2.9 million!
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