{"id":10297,"date":"2020-09-17T02:50:08","date_gmt":"2020-09-17T02:50:08","guid":{"rendered":"http:\/\/vigers.com\/website\/?p=10297"},"modified":"2020-09-17T02:50:08","modified_gmt":"2020-09-17T02:50:08","slug":"news-headlines-17-9-2020","status":"publish","type":"post","link":"https:\/\/vigers.com\/website\/2020\/09\/17\/news-headlines-17-9-2020\/","title":{"rendered":"News Headlines 17.9.2020"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text][\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]19 building plans approved in July <\/strong>
\nThe Buildings Department approved 19 building plans in July, including seven apartment and apartment\/commercial developments. Among which, site at Yau King Lane, Pak Shek Kok in Tai Po was approved to build fourteen 11-14 storey residential buildings and a 1-storey clubhouse. A total GFA of 949,000 sq ft are expected to be provided.<\/p>\n

Private residential construction up 150% m-o-m in July <\/strong>
\nThe Buildings Department announced four private residential projects started construction in July, involving 600 units. It increased 150% on a monthly basis. An accumulated total of 6,022 units commenced construction in the first seven months in 2020, dropped 7% y-o-y, hit a 6-year low.<\/p>\n

Seacoast Royale reached new highs<\/strong>
\nUnit 10, 19\/F, Tower 3, Seacoast Royale, Tuen Mun, with a saleable area of 1,267 sq ft, together with a 434-sq-ft-terrace and a 1,197-sq-ft-rooftop, has been transacted at HKD 30 million or HKD 23,678 per sq ft. The transaction price and unit price reached the highest of the estate.<\/p>\n

Entire floor of Enterprise Square sold at HKD 72 m <\/strong>
\n35\/F, Enterprise Square Two, Kowloon Bay, with an area of 9,420 sq ft, has been sold at HKD 72 million or HKD 7,643 per sq ft on 1 September. The new buyer is Hybribio Limited. The original owner made a book profit of HKD 58.1 million and a 4.2 times appreciation in 18 years.<\/p>\n

(Sources: Vigers Research and market news)<\/em><\/p>\n

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