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The first batch of flats are priced at $17,938, which is similar to the price of new flats in the same district 2 years ago
Dec 6, 2022
The first batch of flats are priced at $17,938, which is similar to the price of new flats in the same district 2 years ago Hong Kong
By   Internet
  • City News
  • property prices
  • property market
  • real estate
Abstract: The property market decline has not stopped, by Poly Real Estate and Shangjia Holdings cooperation in the development of Yau Tong Long Yu, the first batch of square footage price of $ 17938, with the same district 2 years ago, similar to the new development, the admission of open units from 4.13 million.

On the surface, it is like a "backward price", but the actual market has retreated by more than 10% during the same period, and the first batch of the project is also about 10% higher than some of the second-hand housing estates in the area, without much discount.

 

Located in Yau Tong, Long Yu is about 7 minutes walk from Yau Tong MTR station.

 

In addition to a small shopping mall at the base, there is also the largest shopping mall of the Housing Authority in East Kowloon, which can meet the needs of daily life.

 

However, there are many areas of the project that need attention, such as some units will be affected by noise, there are noise mitigation measures, i.e. maintenance windows and sound reduction windows, etc.

 

In addition, there are slopes inside and outside the boundaries of Longview, which require long-term maintenance to avoid landslides.

 

Some of the units adjacent to the emergency generator room are also affected by the hot air emitted when they are turned on.

 

In terms of landscape, there are many units with mountain views, with the two units facing south being the best.

 

However, the view of these units is subject to change due to the future construction of residential units above the ventilation floor to the south of the project.

 

Longview mainly offers 1 and 2 bedroom units, accounting for 85% of the total number of units. In terms of construction prices, open-plan units range from $4.28 to $4.83 million; 1-bedroom units range from $5.75 to $6.68 million; and 2-bedroom units range from $7.87 to $11.1 million.

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The first batch of flats are priced at $17,938, which is similar to the price of new flats in the same district 2 years ago
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