THE HOLBORN, a new development in Quarry Bay under Henderson (012), has been re-launched at a reduced price recently. The project has just updated No.1 and No.2 price list, unit pricing remains unchanged, but individual unit discounts from the initial 6%, increased to a maximum of 24%.
Among them, Unit B6 on the 3rd floor of Block B is a 1-bedroom unit with a usable area of 255 square feet, priced at $7,549,000 and $29,604 per square foot, and is now priced at $5,737,200 and $22,499 per square foot after deducting the new discount offer of up to 24%.
Checking the information, when the project announced the first price list in September 2021, the discount of this unit was only 6%, discounted price of $7.096 million. Less than two years later, it is now selling flat at about $1,350,000 or nearly 20%, and the current price of one price list is even flatter than the open-plan unit at that time.
Henderson property agency director and general manager of sales (second) department Han Jiahui said, THE HOLBORN since the launch of the current building has been a warm response, today uploaded the latest sales arrangements, an additional 20 units on sale this Sunday (23rd), including 3 units of two-bedroom units and 17 units of one-bedroom units, the usable area of 255 square feet to 452 square feet, the price of the list price of $ 7.549 million to $ 15.689 million, the feet of the price of $ 29,604 to $ 1,689 million. 29,604 to $34,710, discounted price from $5,737,200 to $12,394,300, discounted price from $22,499 to $27,421 per square foot.
THE HOLBORN sold 21 units in a few days and realized about 150 million RMB. So far, the project has sold 158 units and realized about $1.21 billion.