Tuen Mun NOVO LAND Phase 2B developed by SHKP (016) opened its price today, the first batch of 146 units, the discounted admission price is 4.254 million yuan, and the discounted average price per square foot is 13,288 yuan. The price is 13,998 yuan, about 5% flat. Tickets will be collected on Friday and it is expected to go on sale next month.
The first batch of 146 units is located in Room H on the 3rd floor of Block 1B, with a usable area of 305 square feet. It is a one-bedroom and open-plan apartment. The discounted price is 4.254 million yuan, and the usable square foot price is 13,951 yuan.
Referring to the opening price in July last year and the Novo Land Phase 1A of the same series, the discounted average price at that time was 13,188 yuan, while the discounted average price of Phase 1B launched in August last year was 13,998 yuan. Half a year later, after experiencing the property market downturn, it has recently stabilized , this time the discounted average price of Phase 2B is about 5% lower than that of Phase 1B.
New payment method with interest subsidy
Chen Hanlin, General Manager of SHKP Agency, said that the project provides a variety of payment methods and discounts. Among them, the “Zhexin” mortgage interest protection is guaranteed for a period of 3 years. If the actual interest rate rises above 3.375% within 3 years, the group will provide interest subsidies for buyers. The maximum subsidy is 1% of the property price, allowing buyers to contribute for peace of mind.
He continued to point out that in the first phase of the project, there will be a cash rebate of 1,000 to 5,000 yuan for the tenants or close relatives of the project. At the same time, the 1-bedroom unit also has a progressive payment method, and there is also a fixed-rate second mortgage.
Phase 2B of NOVO LAND involves 729 units. The unit area ranges from 277 square feet to 1429 square feet. The unit types range from open to 4-room. The project is located on the upper part of the shopping mall, and the expected key date is June 30, 2024.
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