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Strong demand for Lohas Park flats


Villa Garda II, phase 11C at Lohas Park in Tseung Kwan O, sold 124 out of 168 flats as of 2 pm yesterday afternoon.

The project together with the first phase, which are both co-developed by Sino Land (0083), K Wah International (0173) and China Merchants Land (0978), sold 592 flats, or 92 percent of the total, raking in over HK$5 billion.

This came as the increased supply of flats pushed landlords to cut rents to attract tenants, with some seeing rental returns falling to 1.6 percent at Ocean Marini at Lohas Park.

The rent of an 813-square-foot three-bedroom unit at Ocean Marini 1A was cut to HK$23,500 a month, a reduction of HK$2,500 or 9.6 percent, equivalent to 28.9 yuan per sq ft, according to a property agency.

The landlord bought the flat in April 2021 for HK$14.1 million, the agent said. The return was about 2 percent based on the current rent but if the landlord pays the management fees, the returns come down to about 1.6 percent, the agent added.

In the secondary market, seven deals were recorded in 10 blue-chip housing estates, according to another property agency, a 12 percent decline compared to a week earlier.

Even though the market is worried about the US interest rate hike at the end of this month, the demand for housing is still large, agent said, adding that price reductions in the secondary market attracted buyers to enter the market.

The other agency chalked up eight transactions at 10 major housing estates it tracks in the secondary market over the weekend, an 11 percent decrease compared to the previous weekend.

(The Standard)

 

宏安拆售旺角彌敦道商廈

近期發展商頻拆售旗下非核心物業,宏安旗下旺角彌敦道銀座式商廈Ladder Dundas,亦正推出拆售,根據市場流傳價單顯示,入場費2285.5萬,平均呎價逾1.84萬。

呎價逾1.84 入場2285

旺角彌敦道575號銀座式商廈Ladder Dundas,物業屬鋪契,租客以食肆主導,市場消息指,業主宏安推出拆售,根據價單顯示,率先推出5層,分別為5樓至8樓,以及17樓,每層建築面積為1237方呎,除了17樓為售樓處外,其餘4層均為食肆及酒吧等行業,呎價由1.84萬至2.16萬。

有代理透露,該廈頂層4層連天台,加上大廈命名權,建築面積約4948方呎,意向約1.5億,平均呎價3.03萬;至於地下、1及2樓及地下入口,建築面積分別為2083方呎,1538方呎及2038方呎,合共約5639方呎,意向約2.1億,平均呎價3.72萬。

Ladder Dundas由宏安發展,為新式銀座式商廈,宏安曾於年前推出全幢放售,樓高19樓,總建築面積約25431方呎,當時意向價10億。

(星島日報)