Chinachem sold 912 new revenue challenge this year
The housing boom in the dog year continued to rise, developers non-stop for the push plate for deployment. Last year, Chinachem sold record breaking sales records. It plans to push four new deals this year, involving 754 traders and the tail-ending units. The Group’s sales revenue this year poses a challenge to record highs over the years. In addition, New World (00017) plans to launch 1650 sets of four-disc deals during the year. Ka Wah (00173) made its first debut this year at Tai Po Pak Shek Kok, Tai Po.
Wu Chongwu, director of sales department of Chinachem Group, said the group plans to launch four new properties this year, involving 754 people. The lead is Long Ping South project (720), will apply for pre-sale documents after the Lunar New Year, the fastest sale in the third quarter. The remaining three are low-density mansions including 18 at Bisha Road in Sai Kung (10), 21 in Pokfulam at Bisney Road (2) and 2 On Ning Road at Sai Kung (3).
The Group currently has 158 consignments of trailers, including Kunlun Castle Peak Road, Winton Courtesy of Kowloon Tong, Cloud Gate of Kowloon Tong and Pond Pond of Tseung Kwan O, most of which are distinctive flats with a market capitalization of more than 9 billion yuan. Among them, 5% fare increase Wu Chongwu said the new disk, together with the goods tail, will be put on sale by the existing group of about 912 units. If all the sales were cleared within this year, it will have the opportunity to break the Group’s record of exceeding $ 14 billion in sales last year and reach a new high.
Looking forward to the Year of the Dog property market, Wu Chongwu said that despite the rise in Hong Kong’s interest rates this year, the opening of the Hong Kong-Zhuhai-Macau Bridge, the opening of the High-speed Railway, and the good stock market will promote Hong Kong’s economic prosperity and development and believe that the Year of the Dog is a rich year for the property market , Property prices will still slightly upward.
Ka Wah introduced three new disk this year
Wen Wei-ming, Managing Director of K. Wah International Business and Market Planning (Hong Kong Property), said that the Group plans to launch three new venues this year. The first one is the Pak Shek Kok Project in Tai Po. It provides 1122 people, including an open-to-four- Pre-sale documents, the fastest debut season, pricing reference Po and Pak Shek Kok area of second-hand deal. Following Pak Shek Kok, its project No. 2 at Kai Tak 1K will be available at the earliest end of the year with a supply of about 1,000 units. Another project at Grampian Road in Kowloon Tong will also be launched during the year, subject to the progress of the batch. Looking forward to the Year of the Dog property market, Wen Weiming believes that there is little pressure to raise interest rates in Hong Kong. With low interest rates, property prices are up 5% during the year.
Lunar New Year hand deals dropped 50%
In addition, the New World Dog Year will push four new albums to cover about 1,650 parties, including FLEUR PAVILIA in North Point (about 611 partners), Ho Man Tin Waterloo Project (about 240 partners) in cooperation with Henderson (00012) The Yuen Long Tai Tong Project (about 500) co-operated with the URA and the Shangdao Road project in Ma Tau Kok (about 300 partners) with the URA. During the Lunar New Year period, the group’s real estate salesroom opened year-round. According to the transaction records, in the first two months of this year, the sales volume of the Group was about 2 billion yuan, mainly attributable to the low-density mansion of Ao Shui in Clearwater Bay.
Concluding Remarks On the fourth day of the Lunar New Year holiday, due to the lack of a large-scale focus plate for sale, comprehensive market information only sold about 10 units, down 20% from the 20-day holiday on the fourth day of the Spring Festival, a 50% fall.