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North Point Royal Residences second round of sales is hot, 88 units attracted 7,900 tickets, oversubscribed more than 88 times
The second round of sales for North Point Royal City received a warm response, with oversubscription of more than 88 times, demonstrating the market's high recognition of the project. The project not only has a superior geographical location, complete transportation network and living facilities, but is also adjacent to the future seaside promenade, providing residents with a unique seaside living experience. As the property market steadily rises, North Point Royal Plaza has undoubtedly become the focus of the market, attracting the attention of local and overseas investors
New World Development (00017)'s North Point Royal Plaza project launched a second round of sales on Wednesday (17th) after the first round of sales was sold out, offering 88 units. The developer revealed that the project has currently received 7,900 subscription tickets, which is oversubscribed by more than 88 times, and the market response is enthusiastic. To meet the needs of buyers, the developer today opened a new 2-bedroom unmodified show unit for prospective buyers to visit.
The second round of sales was enthusiastic and more units may be launched
New World DevelopmentDirector of Sales and Marketing (Special Projects) Department, Ms Ho Ka-yan, said that the second round of sales of 88 units has attracted 7,900 subscription tickets, which is oversubscribed by more than 88 times. She pointed out that if the sales situation is ideal, she would not rule out launching more units, and revealed that the project will be launched gradually in the future and there is room for price increases. In the first round of sales, the project recorded 20 groups of large buyers, among which at least one group of large buyers was interested in purchasing the unit again, showing the market's confidence in the project. In addition, more than 70% of buyers choose the instant payment method, reflecting that there is ample capital in the market.
Ho Ka-yan went on to say that the first round of sales at North Point Royal Plaza was “sold out in one quarter”, attracting many local and overseas investors who sublet to buy. She described the project as the “light of hope” in the property market, indicating that market demand is strong and the property market is rising steadily.
The new show unit has two bedrooms and is both practical and functional
The new show unit opened by New World today is modeled after Room B3 on the 18th floor. It has a saleable area of 509 square feet and is divided into two bedrooms with a storage room. The unit is practically designed with an open kitchen equipped with high-end appliances such as a steam oven and a built-in dishwasher. The living room is squarely divided and has a 22-square-foot terrace. The terrace is also equipped with the popular foldable Magic Hanger, which allows residents to make good use of space and improve their living convenience.
First price list
Based on the highest discount 22%, the discounted price range is HK$6.055 million to HK$19.593 million, and the discounted price per square foot ranges from HK$16,888 to HK$26,988. Among them, the unit with the lowest selling price is Room B9 on the 7th floor, with a usable area of 343 square feet and a one-bedroom design. The discounted price is HK$6.055 million, and the discounted price per square foot is approximately HK$17,653.
As for the unit with the lowest price per square foot, it is Room A9 on the 7th floor, with a usable area of 446 square feet and a two-bedroom design. The discounted price is HK$7.532 million, or only HK$16,888 per square foot. In addition, in the first price list, there are 25 units with discounted prices below 7 million yuan, providing buyers with more options to enter the market.
Project advantages: convenient transportation and complete living facilities
STATE PAVILIA is located at 283 King's Road, North Point. It is built by New World Development and provides a total of 388 units. The project enjoys a superior geographical location and has an extensive transportation network. The area is home to the MTR, trams, ferries and two undersea tunnels connecting the Kowloon Peninsula, providing residents with convenient travel options.
In terms of living facilities, there are many restaurants, coffee shops and hotels around the project to meet the daily dining and leisure needs of residents. There are also many specialty restaurants, retail shops and hotels along Gordon Road, Jupiter Street, Electric Road, Tsing Fung Street, Liuli Street and Wing Hing Street, further enriching the community's living functions.
Seaside promenade planning enhances community value
The North Point Royal City project is adjacent to the seaside development plan of North Point East Coast Park. In the future, it will be connected to the seaside promenade to provide residents with a high-quality seaside living experience. The seaside promenade will be built into a public space integrating sports, leisure and sightseeing, which will not only provide a resting place for residents in the area, but also bring a new urban experience to tourists. This advantage of being close to water and the sea further enhances the community environmental value of the "Huangdu" project.
Rich educational resources and superior school network
The 14 school network where North Point Royal Residence is located covers many well-known primary schools, while the secondary schools belong to the East District school network. It has rich educational resources and is suitable for families and long-term investors.
