Big winner of the dragon bed – Gao Tianyou – Xinbao website hkej.com



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After writing the article "Cross Jianglong vs. Land Snake" last week, a friend asked the domestic merchants who were in the middle of Hong Kong in recent years. Other than China Urban Construction and Country Garden (02007), are there any other cases? Of course there is some. "Dragon Bed" of the city and Tuen Mun Jing (T Plus) officially opened the price yesterday, with an average price of nearly 17,000 yuan (no reduction), even in the area, even the agent Zhongyuan has also admitted that "believe I want to sell it slowly." Many people fear that Deng Chengbo, the developer of the "king of shopping", this time burn old cats. However, Bo Shu had already sold the owners the 70.1% stake as early as May of this year. Jiayuan International (02768), of course, Jiang is old and pungent. As for the big winner, it is another "earth snake", Junhe (00711).

June peace and price to win the resale of land

The reason for Jingjing's popularity is that most of its 356 units are "nanorestes" and some measure only 128 square meters, which creates the smallest housing record in Hong Kong after the first instance (excluding rental housing , 91%) The Happy Valley House Service Unit, with up to 29 people on each floor, is called the "King of Nano-Discs". When the project was first exhibited in November 2016, it was called into question because it was too "nano". At that time, Pan Zhicai, director of the company's developer, responded ingenuously to "the Forbidden City is great, but when the emperor feels clumsy, he has a bed". The property has been crowned with the nickname "Dragon Bed", which is even more expected.

Just like the "un-sold first price" of Ma On Shan, the Altisimo country has changed several times (first by China City Construction and Junhe, then sold to Hongan and finally taken over by Country Garden). Junhe and Yizhao Xingye acquired for the first time 230 million yuan in 2014. The area can reach 152,000 square meters and its floor price is 1530 yuan, the average price of land in Tuen Mun District for more than 12 years. years. New low.

The site is so cheap, in part because the land sale clause states that the developer is responsible for building a seniors' home and senior care centers (which are included in the floor area); but according to the director of the United Surveyor Lin Zibin At that time, it was estimated that after taking into account the cost of construction of these public facilities and deducted from the area concerned, the price of land per floor ground was still only about 2,000 to 2,500 yuan, or 15% less than the lower limit of the market. From this point of view, Jun He was then considered a "consumer of flat goods", not to mention the fact that the Hong Kong real estate market had further increased after 2014.

Until last July, Junhe and Yizhao Xingye had sold the land project to the Deng Chengbo family for 1.2 billion yuan and each party's price was about 8,000 yuan, even though the initial cost of inputs had been taken into account, but several times the Yizhao Industrial of Junhe. .

In May this year, Jiayuan International, a national developer in Jiangsu, announced it had invested RMB 2.68 billion to acquire 70.1 percent of Boss's three properties, Jingjing, Kwai Chung Success Center, and Tuen Mun. Sun Hing Industrial. Xiamen. In other words, Jiayuan International has become one of the main shareholders of the "Dragon Bed", while Bo Shu represents only less than 30% of the shares.

The Jiayuan insider receives the goods.

It can be seen that the Jinglan project started at between 2,000 and 2,500 yuan per floor and is now selling at an average price of 17,000 yuan. In just 4 years, the water level is very impressive, but the most important benefit is Junhe and Yizhao Xingye who did their best last year. As for uncles and Jiayuan International, who were subsequently received, they must always rely on new sales to know that they are winning eclipses, which currently hold 70.1%. Jiayuan International faces the greatest risks.

In fact, while the property market is booming, the "Nano Building" is considered the most affected area. As a "king of the nano-disk", and with a relatively remote and expensive stock of Tuen Mun, sales prospects are not optimistic. On the other hand, after taking into account the price of the land, the cost of construction and the capital cost, the current cost per square meter of the project would reach 12,000 yuan, so that it's safe. This is the new district of the same district, the source developed by Vanke (02202) is The Bridge. As a rule, the average price of the discount is 11,000 yuan, which is hard to avoid.

Jingjing sells at a high price

Jingjing opened this time at a high price, and it is estimated that there are two main calculations. "The thief will try the sand shovel" and hope that the unit of embarkation to "lump sum" will be 2.85 million yuan to cover the "very limited funds, but promised to ride in the train". Last power down purchase of the building, the second day, once the price cleared, it can also cause more shocks.

In any case, the new real estate market in Hong Kong has become more and more beautiful, from the year 2003 to 2018. The arrival of the "Dragon Bed" has become the pinnacle. In the future, I hope to have a decisive significance. Like the deep wave of the real estate market of 1997, it deserves a long-term follow-up.

In other words, Country Garden and Jiayuan International have received a high-price delivery of the Maanshan Yibi and Tuen Mun Jinglu projects, and there is a "henchman" behind them. in both projects, which is a "direct owner." The most significant appreciation of the land price reflects the fact that the "snake head" still has the advantage of the first opportunity.

(Editor's note: Gao Tianyou's latest book, "The minimum must die" is now available)

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