NOVO LAND Phase 2A|The first batch of 98 units below 6 million yuan

2023-06-17 05:50:41

The focus of June returns to NOVO LAND in Siu Hong, Tuen Mun, SHKP. Phase 1 has already been acquired and occupied. At the same time, SHKP, adhering to the principle of “sales every month”, will also sell the 188 units of phase 2A for the first time tomorrow. Phase 2A consists of 3 towers with 31 floors, providing a total of 929 units. The key date is mid-May next year, and the off-plan period is less than one year. The 3 properties in this phase are distributed in different locations of the housing estate. Arreso Building 3 and Building 5 are on the left side of the housing estate. Like the property in phase 2B next to it, they are all located on the top of the shopping mall NOVO Walk. As for Tower 1 of Charlot, which is divided into two wings, A and B, it is in the middle of Phase 1B and Phase 3A. However, the developer pointed out that this building will only be launched when it is close to the existing building.

The first price list was released last week. The first batch of 186 units has a discounted average price per square foot of 13,598 yuan, which is about 2.3% higher than the first price list of phase 2B in February of 13,288 yuan.

The two properties provide a total of 519 units, with usable areas ranging from 216 to 1,528 square feet, ranging from open-plan to three-bedroom suites with workshops and toilet partitions, and special units with platforms or rooftops. The main two-bedroom households account for more than 55% of the standard units. The first price list was released last week. The first batch of 186 units has a discounted average price per square foot of 13,598 yuan, which is about 2.3% higher than the first price list of phase 2B in February of 13,288 yuan. The developer pointed out that it mainly reflects the market conditions and the quality of the property itself. If the extension is compared with the first price list for phase 1B announced in August last year, it is about 2.8% lower, which seems to have reduced the price. Two price lists were announced. After deducting the maximum 15% discount, there are 130 units whose discounted prices are less than 6 million yuan, of which 98 units will be put on sale in the first round tomorrow. In the first round of 188 units, there are only 37 open-style and one-bedroom units, all of which are worth less than 4.5 million yuan.

There are 133 two-bedroom units, with a discount of about 5.61 million yuan to about 6.92 million yuan. Among them, 58 units are less than 6 million yuan, which come from Room D on the 3rd to 32nd floors of Block 3, Room E on the 3rd to 5th floors and all of the J rooms, and Room G and Room D on the 3rd to 25th floors of Block 5. As for the three-bedroom units, the price starts from nearly 8 million yuan, and the most expensive one does not need to be 10 million yuan. The entry unit comes from Room F, 3rd Floor, Block 5, an open-plan unit of 245 square feet. After deducting the maximum discount of 15% for the immediate supply, the real discount is 3.3473 million yuan, and the price per square foot is 13,662 yuan. Referring to the 28Hse website, there are currently about 30 rental listings in phases 1A and 1B. The asking rent for open-style houses starts at about 9,000 yuan, and the asking rent is about 36 to 40 yuan per square foot. Assuming that the monthly rent is 9,000 yuan, before the management fee is deducted, the rental return rate of the current admission unit is 3.2%.

入場單位來自第5座3樓F室,245平方呎的開放式單位。扣除即供最高一成半折扣優惠後﹐折實334.73萬元,呎價13662元。

The entry unit comes from Room F, 3rd Floor, Block 5, an open-plan unit of 245 square feet. After deducting the maximum discount of 15% for the immediate supply, the real discount is 3.3473 million yuan, and the price per square foot is 13,662 yuan.

Apart from some differences in the layout of the units, the two properties in this phase have little difference in the interior of the units. Therefore, when choosing a unit, the landscape is one of the very important considerations. There are relatively open units facing the southeast and southwest, separated by the Xinsheng Interactive Farm in front, and there are no buildings close to cover. Units facing southeast include Room A1, Room E, and Room F in Block 3, and Room A1 and Room A3 in Block 5. It is estimated that you can see through the Castle Peak Government Quarters, Kin Sang Village and Tuen Mun Tang Shiu Kin Sports Ground.

However, it should be noted that Tower 3 is located behind Tower 5 in terms of layout, so when the units in Tower 3 look out, they will be blocked by Tower 5 to varying degrees, and the view angle is relatively narrow. As for the units facing the southwest, there are Room C and Room B in Block 3 and Block 5, both of which are two-bedroom units, looking towards Fenglian, Yingfeng Garden and Baotian Village. This time it is Room C and Room B of Block 5, and you will see the unit facing southeast of Block 3. The remaining units in other orientations mainly look at the building views and inner garden views of different phases. Room A2 and Room G in Block 3 and Block 5 face northeast and look towards the Phase 1 building in the middle of the housing estate, but there is some distance, so it will not be too oppressive. On the contrary, the remaining units facing the northwest will be connected with the adjacent Phase 2B “Lou Wang Lou”. However, the price also reflects that. Among the 188 units sold in the first round, most of the two-bedroom units facing the northwest have discounted prices below 6 million yuan.

Further reading:

* NOVO LAND Phase 2A

* More property market videos

* 28Hse App

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