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Admission fee 4.58 million
Nov 3, 2022
 Admission fee 4.58 million Hong Kong
By   Internet
  • City News
  • Bega Place. Welcome Club
  • Bega Place Phase II
  • Hung Hom Mega Redevelopment Project
Abstract: The first price list of 56 units was opened after Hong Kong banks announced an interest rate increase of 4.0%. The first price list offers 56 units at an average price of $21,238 per square foot, starting from as low as $20,263 per square foot. The first batch of admission units are open-plan units on the 6th floor, room A, at a discounted price of $4,588,200.

Information shows that the first phase of the project Bega Place. The first batch of 68 units with saleable area of 202 to 362 square feet at an average price of $23,888 per square foot was announced in June this year, which was described as "post-epidemic price". In other words, the second phase is 11% lower than the first phase.

 

Henderson Property Agency Sales (I) Department General Manager Lam Tat Man said that the opening price is 10% lower than the first phase, in order to attract a high degree of market attention, described as "worry-free price", I believe that the market demand can be absorbed, there is great room for price increases in the future, there is a chance to collect tickets at the weekend, the show flats will be opened tomorrow.

 

As for the interest rate hike in Hong Kong, Lam Tat Man believes that the current low interest rate is still low and it is believed that buyers are already expected to enter the market.

 

Bega Place The first batch of units of 222 to 254 square feet in saleable area, ranging from open-plan to 3-bedroom, will be sold at a discounted price of $4,588,200 to $11,255,400 after a maximum 10% discount, at a discounted price of $20,263 to $22,510 per square foot.

 

The entry unit is Room A on the 6th floor with 222 sq. ft. saleable area, open partition, discounted price of $4,588,200 if you choose 100-day cash payment plan.

 

The most affordable unit is Room F on the 6th floor, with a saleable area of 270 square feet and a one-bedroom partition, at a discounted price of $5,471,100, or $20,263 per square foot.

 

Centaline Property's president of residential department, Mr. Chan Wing Kit, said that the first batch of 56 units of Bega Place. Welcome to the first batch of 56 units put up for sale, the average discounted price per square foot 21,238 yuan, 11% lower than the average price of the first batch of the same system in June, down 11% in five months, reflecting the strong desire of the developer to remove the goods, the opening price is also on par with the decline in second-hand property prices, compared with the second-hand in the same area has a 5% discount.

 

Chen pointed out that this sale price is very attractive, is expected to grab the second-hand car customers, the first units are expected to sell out.

 

Last night the Federal Reserve announced another interest rate increase of 0.75%, the sixth time this year, I believe that developers also consider the factor of interest rate increase, the future of property prices down the chance of high, so the decision to reduce prices by 11% within 5 months, Chan Wing-kit expected to set off a first-hand price reduction war, I believe that the new homes for sale in November will be very attractive prices, the ultimate buyers benefit.

 

In November will have a number of new construction on sale, including the car and exchange market, Chan Wing-kit expected November first-hand transactions can reach the level of 1500 cases.

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Admission fee 4.58 million
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