The new “Policy Address” will be released tomorrow and SHKP (0016) has chosen to offer the price the day before. Yuen Long Kam Tin North PARK YOHO Bologna today announced its first price list (18th). The first lot includes 50 units. The average price per square meter is 13,088 yuan, and the discounted price starts at 3,908,900 yuan. This is an open space apartment. Lei Ting, deputy general manager of SHKP, described the first list as “the new strongest list price”.
All units discounted under 9 million
The first batch of 50 units, comprises three bedroom open plan units, of which 5 units are open plan units, 7 units are one and a half bedroom units, 16 units are one bedroom duplex units, 5 units are two-bedroom units and 17 units are three-bedroom units, with a usable area of 279 units. At 674 square feet, the list price is between 4.626 million and 10.473 million yuan, the price for square foot is 14,661 to 17,086 yuan, with a maximum discount of 15.5%, the discounted price is from 3.9089 million to 8.8496 million yuan, and the discounted price per square meter is from $ 12,388 to $ 14,438. The market value of the whole lot is around 380 million yuan.
Chen Hanlin, the interim general manager of SHKP, said that the listing has always been open at the market price and that the price of the first list is attractive, hoping to help the long-awaited homebuyers in the market. It is also said that the Group has its own timetable for launching the market, which has nothing to do with when the “Policy Address” was released. The project will open the existing building this afternoon for buyers to visit and tickets will be collected on Sunday.
At the same time, the developer also provides a progressive payment method for one-bedroom duplex units. Chen Hanlin stressed that if the market responds well, it cannot be ruled out that the progressive contribution will be pushed to other types of apartments.
5.36 million can live in the existing one-bedroom duplex
Among them, the flatter unit is an open-plan apartment, located in Room D, 2 / F, Block 8A, with a usable floor area of 279 square feet, and the discounted price is 3,9089 million yuan, or 14,010 yuan per square foot. As for the newly launched one-bedroom duplex and suite, the flattest unit is priced at RMB 5.364 million and is located in room F on the 2nd and 3rd floors of block 8B, with an area profit of 433 square feet and a discounted price of RMB 12,388 per square foot.
PARK YOHO, a development project in SHKP, has a total of seven phases and has been phased in since 2015. Referring to Central Plains data, the average discounted price of the first batch of units in the previous six phases ranged from 10,200 to 15,200 yuan (see chart below). Instead, the average price per square foot of PARK YOHO Bologna is 13,088 RMB.
As for other new projects nearby, such as MTR Kam Sheung Road Station Park Long II, the first batch of 168 units was launched in May this year, with an average discounted price of 17,898 yuan, and admission price. for a room it starts at 6,249,600 yuan; furthermore, The YOHO at Yuen Long Station The Hub was launched in December last year. The first batch of 206 units has an average discounted price of 19,899 yuan. The entrance price for a room starts at 6,851,600 yuan. However, the locations of these two projects are very close to the MTR station.
As for Shanshuiying, which is similar to PARK YOHO Bologna, it was launched in November 2019. The average price per square meter of the first batch of 67 units is 10,973 yuan, and the entry price of the three-bedroom units starts from from 9.629 million yuan. .
↓ Demonstration Unit PARK YOHO Bologna ↓
The first one bedroom duplex
PARK YOHO, a new development project in SHKP, is located in Kam Tin North, Yuen Long, involves 31 blocks and supplies more than 3,000 units. The last phase of the PARK YOHO Bologna, Phase 1B, foresees 164 units, divided into two wings, 8A and 8B, is the lowest number of units and the lowest density among the seven phases.
PARK YOHO The units in Bologna have a usable area ranging from 257 to 1,155 square meters, including characteristic units with terraced gardens and roofs, as well as new arrangements, namely one-bedroom duplex suites and two-bedroom duplex suites . For standard units, sizes range from 270 to 674 square feet, including study, one-bedroom, two-bedroom, and three-bedroom partitions. The project has been completed.
