The first batch of SEASONS PLACE has a discounted average sq.

Ming Pao reporter Jiang Junyang

SEASONS PLACE, which provides 650 units, is located in LOHAS Park Phase 12. This phase is divided into sites A, B and C, each consisting of a building. The last new project launched for sale in LOHAS Park was Kaibo Peak III developed by Sino Land (0083) and others in August last year. The first batch of 130 units was launched for sale at a discounted average square foot of NT$16,938. In other words, SEASONS PLACE was the first to be launched. The discounted average square foot is about 16% lower than that of Kaibo Peak III; if compared with the first batch of 128 units in Kaibai Peak I in June 2022, the discounted average square foot is 17,888 yuan, it is even about 20% lower.

Wheelock Real Estate Chairman Leung Chi-kin believes that the price of SEASONS PLACE is market price and competitive, and it is not a “price bargain” to attract customers. He also said that although the global economy is in a slump, it is recovering, and Hong Kong is expected to recover the fastest. Only with economic recovery will the real estate market improve. It is expected that property prices will rebound by 5% to 7% throughout the year. He expects most of the market to recover. For users and investors, we don’t want speculators to reappear.

Show flats will be open and tickets will be collected from tomorrow

The first price list of the project involves 130 units, including 38 units with one bedroom, 87 units with two bedrooms, and 5 units with three bedrooms. The practical area ranges from 322 to 665 square feet. Based on the maximum discount rate of 12%, the discounted price is 4.472 million. Yuan to NT$9.793 million, discounted real square feet of NT$13,576 to NT$14,757, discounted average square feet of NT$14,188. It is worth noting that 96% of the units on the price list have discounted prices of less than NT$7 million, among which the units entering the market are Room F on the 9th floor of Tower 3A, with a practical partition of 323 square feet, has a discounted price of NT$4.472 million and an actual square footage of NT$13,845. In terms of discounted price, this time, since LP6, which was developed by Nan Fung in August 2018, launched a 1-bedroom unit with a practical area of ​​307 square feet at a discounted admission price of NT$4.492 million, the admission price has reached a new low in about 5 and a half years. The most affordable unit per square foot is Room C on the 9th floor of Tower 3A, with a usable area of ​​453 square feet, two bedrooms and an open kitchen. The unit is priced at NT$6.988 million, with a discounted price of NT$6.15 million and a discounted SF of NT$13,576.

New development with the lowest 1-bedroom admission fee in the same area in 5 and a half years

The project provides 4 payment methods to buyers, including a 120-day cash discount payment plan with a discount rate of 5%, and a 180-day cash discount payment plan for fans of Wheelock O, East Australia and South, which can enjoy an additional 60 days of completion period. , together with other discounts, a total of 7%, the maximum total discount rate is 12%, and the maximum discount is 7% compared with the construction period payment, the difference between the two is 5 percentage points. Huang Guangyao said that the project will have a group for large buyers, who can purchase 2 to 6 units, which is more than the previous maximum of 4 units.

[香港地產]