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Nanfeng Lu Zihao: Property prices are expected to rise by up to 10% this year

2021-02-18T07:28:31.103Z


Entering the Year of the Ox, Lu Zihao, general manager of Nan Fung Development's real estate development department and sales department, said that he is optimistic about the development of the property market this year. The property market is expected to increase by about 5% to 10%, especially for projects along the subway and the luxury housing market. Lu Zihao


Real estate market

Written by: Huang Haolin

2021-02-18 14:10

Last update date: 2021-02-18 15:20

Entering the Year of the Ox, Lu Zihao, general manager of Nan Fung Development's real estate development department and sales department, said that he is optimistic about the development of the property market this year. The property market is expected to increase by about 5% to 10%, especially for projects along the subway and the luxury housing market.

Lu Zihao continued that with the development of vaccines, he believes that the epidemic can be further controlled and the corresponding property market will continue to flourish.

Since the beginning of the year, the group has sold 514 units and cashed in over 5.5 billion yuan.

This year, the group will continue to launch LOHAS Park LP10, LP6, Shau Kei Wan Island and 8 Deep Water Bay Drive.

LP10 will be added in the short term

As for the first three rounds of sales of the group's LP10, 495 units have been sold, accounting for more than 55% of the available units, and more than 5 billion yuan in cash.

He estimated that there will be room for a slight price increase and plans to add a new price list in the short term.

In addition, the same series of LP6 sold 19 units last month and cashed in over 530 million yuan. The project has sold 99% of the units and 16 units are still for sale. As for No. 8 Deep Water Bay Drive, 14 units were sold cumulatively, cashing in over 3.56 billion yuan. .

Lohas Park LP10 first batch of 179 two-bedroom units sold at a discount of 6.99 million yuan

LP10 sells over 98% of units in the first round Nan Fung: the original price adds 128 units to sell next Saturday

Nan Fung Kai Tak AIRSIDE intends to lower rent by 20% to RMB 40 per square foot

Nan Fung Group's new market conditions

Source: hk1

All news articles on 2021-02-18

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