Author:Cai Weinan
Last update date:2021-02-17 12:11
At the beginning of the New Year of the Ox, the new market has recorded eye-catching transactions at sky-high prices. The first phase of 21 Borrett Road, a luxury mansion under Cheung Kong Group (1113), No. 21 Borrood Road, recorded the first transaction of the project yesterday (15th), the fourth day of the Lunar New Year.
A thousand-foot rooftop swimming pool sold for 459 million yuan
According to the first-hand sales information website, the 23rd floor, 1 room, with 3 parking spaces, was sold through bidding. The transaction price exceeded 459 million yuan and the transaction price was 136,000 yuan per square foot. The price per square foot set a new record for strata households in Asia.
The unit has a saleable area of 3,378 square feet, with a five-bedroom layout, with 2,131 square feet of roof, 717 square feet of forecourt and 88 square feet of terraced house. It also has a private swimming pool. It is the largest “building king” in the project.
↓Asian layered floor plan ↓
Nine years ago, the land price was 26,000 per square foot
21 BORRETT ROAD Phase I consists of 3 buildings, providing 115 units, with a saleable area ranging from 2,075 to 3,378 square feet, with a four-bedroom and five-bedroom layout. The above-mentioned luxury homes on Borough Road were acquired by Cheung Kong in 2011 for approximately RMB 11.65 billion, with a land price of RMB 26,763 per square foot.
With reference to the current median personal income in Hong Kong of $17,000, it can be estimated that wage earners earn about $204,000 a year, which is only enough to buy a one-foot floor of 21 Borrett Road Tianchi House.
The previous record is MOUNT NICHOLSON 132,000 per square foot
Looking through the data, the last record for the most expensive price per square foot of a stratified house in Asia is from Wharf (0004) and Nan Fung Co-developed Mountain Peak MOUNT NICHOLSON Phase III 12th Floor Unit C and D. The saleable area is 4,242 and 4,579 square feet respectively. , Purchased by the same group of buyers at the end of 2017, with transaction prices of 560 million and 600 million respectively.
The transaction price per square foot of the two units were both about 132,000 yuan, setting a record for the Asian unit price per square foot at that time. However, this time 21 BORRETT ROAD pushed the record up by another 3%.
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