Located above the Ho Man Tin MTR station, Lang Hin Fung's opening day witnessed a surge in homebuying interest, attracting a large number of prospective buyers. The project, developed in collaboration between Eagle Property and MTR Corporation, offered the first batch of 115 residential units at a 20% discount from market price, immediately garnering widespread attention and positive responses from the market. Yesterday, the open day for the demonstration units of Lang Hin Fung attracted many families to visit in person, creating an extraordinary scene.

The sales showroom located at Langham Place in Mong Kok became the focal point of Lang Hin Fung's opening day, with a large number of citizens queuing up to visit. Of particular note was the family demographic, as families visited in full force, demonstrating their keen interest in the project. It was reported that although yesterday was not a public holiday, the evening visitation and ticket collection were still exceptionally active, with over 400 tickets collected throughout the day, equivalent to a subscription rate of approximately 2.5 times for the first batch of 115 residential units.

Since the comprehensive reopening of the property market, an increasing number of mainland Chinese homebuyers have been attracted to invest in Hong Kong. Among the visitors to Lang Hin Fung yesterday, there were many mainland Chinese homebuyers who spoke Mandarin. At the same time, property agents in the surrounding areas actively promoted the residential units of Lang Hin Fung and the surrounding facilities to passersby, boosting the project's publicity.

The newly opened Lang Hin Fung store by Midland Realty in Ho Man Tin has officially begun operation. Bruce Shao-ming, Executive Director of Midland Residential Department, stated that the discount offered in the first price list of Lang Hin Fung is more attractive compared to other new projects in the area. According to him, about 40% of inquiries came from clients interested in investment. He expects that after completion, the rent can reach HK$70 per square foot, with an expected return rate of 4%.

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Lang Hin Fung's first round of offering included 115 residential units, ranging from 1 to 3 bedrooms, with sizes ranging from 388 to 774 square feet. The discounted entry price starts from HK$6.887 million, with an average discounted price per square foot of HK$19,988, representing a 20% discount compared to other new projects in the area, even returning to the price levels of eight years ago. Leung Shuk-yee, General Manager of Eagle Property's Sales and Marketing Department, referred to this as a "heart-stirring price."

In the first price list, the most affordable unit is Unit C on the 2nd floor of Block 6B, with an area of ​​388 square feet, a discounted entry fee of approximately HK$6.887 million, and a discounted price per square foot of approximately HK$17,750. The highest-priced unit is Unit A on the 19th floor of Block 6A, with an area of ​​774 square feet, a discounted sale price of approximately HK$18.4926 million, and a discounted price per square foot of approximately HK$23,892.

In addition, the most affordable 2-bedroom unit is Unit F on the 2nd floor of Block 6A, with an area of ​​528 square feet, a discounted sale price of HK$10.006 million, and a price per square foot of HK$18,951. Among the 3-bedroom units, the one with the highest cost-effectiveness is Unit A on the 2nd floor of Block 6A, with an area of ​​774 square feet, a discounted sale price of HK$15.016 million, and a price per square foot of HK$19,401.

Lang Hin Fung will be developed in two phases, Phase IIA and Phase IIB, providing a total of 990 residential units. Among them, there are 198 standard 1-bedroom units with areas ranging from 377 to 388 square feet; 372 standard 2-bedroom units with areas ranging from 482 to 685 square feet; 281 standard 3-bedroom units with areas ranging from 757 to 994 square feet; and 60 4-bedroom units with areas ranging from 1271 to 1433 square feet. In addition, the project includes 79 special units with areas ranging from 340 to 2572 square feet.