In the movie 'Harbor Pavilion', the protagonist Chen Yongjie: The new price list of YOHO Hub II in Yuen Long attracts buyers, expected to be 'one Q clear table'.
New World Development (00016.HK) announced a new price list for YOHO Hub II in Yuen Long today (17th). Henry Yeung, Deputy Chairman of the Asia Pacific Region and Vice President of Residence of China Resources, said that the six locations launched this time are even better. Even if they are the same price as the previous price list, the quality is more attractive. Henry Yeung pointed out that YOHO Hub II has superior geographical location and development brand, combined with the proximity to existing buildings, mainland buyers do not have to worry about unfinished projects, increasing the attractiveness of the project. There is a shortage of rental properties in the Yuen Long area, and it is expected that the rent per square foot can reach 45 yuan after the project is completed, with a return of nearly four percent. In addition, the Fed's interest rate cut in the United States this week.
United States: The first price list of the 6th building of "The YOHO Hub II" in Yuen Long, Hong Kong is considered to be "extremely competitive", and is expected to be sought after by buyers and tenants looking to exchange properties or rent.
New World (00016.HK) The YOHO Hub II Phase 6, located above Yuen Long Station, has announced its first price list on September 17, involving 94 units with diverse layouts. The average discounted price per square foot is approximately HK$14,338. Louis Ho, Executive Director of Residential Department at Midland Realty, said that the pricing of this project is highly competitive, reflecting the developer's active promotion. It is expected to attract potential tenants, homebuyers interested in rent-to-own schemes, and long-term rental tenants. The estimated rental yield after occupancy is expected to exceed 3.5%, with rental rates reaching HK$50 per square foot.
"The YOHO Hub II" Phase 6 of "Hong Mansion" launches 94 units, with a starting discounted price from 6.8343 million.
New World Development (00016.HK) announced today the latest price list for the 6th building of The YOHO Hub II in Yuen Long, offering 94 units with a market cap exceeding 1 billion yuan based on the pricing. Thunder, Deputy Director-General of New World Development, said that the project will showcase the show units tomorrow and will close on this Friday depending on the response. The group will start selling as early as next week depending on the response. Lee Hon-lam, the executive director of New World Development, said that the price list offers three payment methods with a maximum discount of 15.5%. The 94 units include 34 two-bedroom units and 60 three-bedroom units. The discounted average price per square foot is 14,338 yuan, with a discounted price per square foot ranging from 13,000.
Real estate and house rental companies perform well, with Cheung Kong Property (01113.HK) and Wharf REIC (01997.HK) both rising more than 4%.
There is a 62% chance of a 0.5% interest rate cut by the Federal Reserve this week. Real estate and house rental stocks listed in Hong Kong generally rose, with CK Asset (01113.HK) reaching a high of 32.35 yuan. It is now at 32.1 yuan, up 4.22%, with a turnover of 3.7493 million shares and a total investment of 0.119 billion yuan. Sun Hung Kai Properties (00016.HK) hit a high of 81.15 yuan. It is now at 80.9 yuan, up 2.41%, with a turnover of 2.4563 million shares and a total investment of 0.197 billion yuan. Henderson Land (00012.HK) is now at 24.35 yuan, up 2.31%, with a turnover of 1.3696 million shares and a total investment of 3,323.0.
Morgan Stanley lists the sensitivity analysis of core earnings and interest rate cuts for Hong Kong property stocks (Table) in <Big Bank>.
JPMorgan recently released a report that assumes a 100 basis point interest rate cut and predicts the sensitivity analysis (impact) of Hong Kong real estate stocks' core profits in 2025, calculated based on fixed debt ratios: Stocks│A 100 basis point interest rate cut will result in a +548.5% impact on core profits for New World Development (00017.HK)│+10.1% for Henderson Land (00012.HK)│+7.5% for Hang Lung Properties (00101.HK)│+4.2% for Wharf REIC (01997.HK)│and +[translation missing] for SHK ppt (000
Morgan Stanley's ratings and target prices for Hong Kong property stocks and REIT investment (Table) in "Da Hang".
JPMorgan recently released a report listing the ratings and target prices for Hong Kong real estate stocks and REIT investments as follows: Stock | Rating | Target Price (HKD) CK Asset Holdings (01113.HK) | Neutral | HKD 32 Henderson Land Development (00012.HK) | Shareholding | HKD 25 New World Development (00017.HK) | Shareholding | HKD 6.5->5.6 Sino Land (00083.HK) | Shareholding | HKD 10 SHK PPT (00016.HK) | Neutral | HKD 70 House Rental Companies Hang Lung Properties (00101.HK) | Neutral | HKD 5.3 Hongkong Land (HKLD.