Hello everyone I'm Holly As the first new project to be opened after the withdrawal of spicy food Taifeng developed by Wang Xingxing The first batch of units offered is priced at 14,808 per square foot. The cheapest new project in East Kowloon in more than seven years The asking price is conservative In addition to reflecting market conditions What's the reason behind Let’s analyze this episode If you have any opinions, please leave a message to discuss Chance to win coffee gift certificates Also, a reminder to everyone Remember to Subscribe to 28Hse’s YouTube Channel And press the bell icon next to it Tai Feng consists of two properties Provide 807 units Standard units range from open plan to 3-room partitions Key date is June 2025 The pre-construction period is about 15 months Tai Feng is Wang Xingxing’s first residential project in Hong Kong The group was founded in the 1960s Start a family in the textile industry Beginning in the 1990s Invest in the real estate market in multiple provinces and cities in the Mainland Mainly developing shopping malls and office buildings Totaling more than 3 million square feet Started to get involved in Hong Kong’s catering industry more than 10 years ago Introduced nearly 40 catering brands Including Chun Shui Tang and high-end Japanese restaurants Taifeng is the first project of the group This time we hired a well-established local developer for this sale. New World as "Strategic Advisor" Provide sales strategy consulting and property management services Therefore the show flat is set up in New World’s former “Queen” sales office Discovery Park, Tsuen Wan As for the contractor of Tai Feng, Lian Li Construction Private housing projects that we have participated in in the past There are Cheung Kong’s Love of the Sea, Xing Lian Hai, etc. The exact location of Tai Feng is at 55 Kwun Tong Road, Ngau Tau Kok The nearest MTR station is Choi Hung Station An attempt to determine the future entrance location of the property walk there See how long it takes Walk northwest along Kwun Tong Road You can see Pingshi Village and then enter the village. Pass through the housing estate and arrive at Choi Hung Station Exit A. The whole journey takes about 7 minutes The distance is not very far However, most of the road is open-air Needs exposure to the sun and rain Tai Feng is located in an area with few new supplies There is a larger private housing estate nearby. It was completed 14 years ago in fact Taifeng was also acquired and rebuilt. The project was formerly known as Kai Tak Building By Wang Xingxing in 2016 Unify property rights through forced auction The developer has revealed Total investment reaches approximately 10 billion yuan Based on buildable floor area of 526,000 square feet Cost per square foot is approximately 19,000 Even higher than the first batch of pricing The developer is for immediate supply and construction phase buyers Offer discounts of 23% and 1.5% respectively Based on immediate supply price The first batch of units in Tai Feng is priced at 14,808 per square foot. Compared with the Shinkai Station II launched in August last year, Slightly less than 1% If compared with other new developments along Kwun Tong in recent years Such as Haori and Bal Residence About 20,000 yuan level Taifeng is at least 24% lower Second-hand aspects Tai Feng is compared to No. 8 Ching Wan Road, which is about 19 years old. Also slightly lower than 3% However, compared with second-hand housing estates over 40 years old Just like the "Three Treasures of Kowloon Bay" is 21% to 4.5% higher According to our 28Hse website There are currently over 20,000 first-hand units on the market. Facing a lot of competition New developers want to break out Naturally, we want to grab attention at a low price. But buyers need to pay attention The reason behind the low price The first floor of Tai Feng is about 40 stories high The first batch is concentrated on the 26th floor or below Does not cover high-rise units with better views The breakthrough area of the second real estate is smaller The law that the price per square foot becomes more expensive Take the first batch as an example Average price per square foot for a 2-bedroom unit Nearly 7% higher than open-plan apartments The largest standard 3-bedroom unit will be sold by tender The first batch does not cover large units It also helps to lower the average price per square foot. The average price per square foot of price list No. 2 Has risen to 15547 yuan 5% higher than the first batch Find two 2-bedroom units with similar layouts for comparison. The first batch of Room C on the 25th floor of Tower 1B The discounted price per square foot is 15,146 The adjoining room D is launched in price list No. 2 Discounted price per square foot rose to 15,826 The increase is 4.5% 336 guys are selling in the form of first-round price list The discounted price of an open-plan apartment is approximately 3.72 million. Under the condition of borrowing 90% mortgage Monthly payment required is 16,611 yuan The price of a 1-bedroom unit will increase by "1 ball" The monthly payment is 20,951 yuan 2-bedroom units start from 6.67 million Monthly payment 29,827 yuan investment It is estimated based on the rent of a small unit in Haori in the same district of about 50 per square foot. It is estimated that the monthly rent of an open-plan apartment in Taifeng can reach 13,900 yuan. Before deducting management fees Enjoy 4.4% return rate Above market level As for the market, it was once reported that Taifeng may have mortgage risks The developer stated that the project has received Bank of China, Hang Seng East Asia and Bank of Communications Mortgage provided upon construction We have called the relevant bank for confirmation As of 4:30 pm on March 15 They had the following responses I want to inquire about Taifeng's new properties Can your company undertake mortgages for off-the-plan properties? Can be built Are there any problems with the mortgage application? There is no problem with the Mortgage Corporation's mortgage Because they have told us that we can build it Only then can we reply to the customer that we can undertake the construction If the real estate in Taifeng Currently accepting applications for instant mortgages However, please note that it must be completed 90 days before the payment period. Only accept applications If you want to borrow a mortgage any questions Applications are currently accepted Of course, final approval is required As for the routes of East Asia and Bank of Communications Being busy before the deadline Tai Feng launched the first round of sales on Sunday with 336 units Based on immediate supply price Ranging from approximately 3.72 million to 8.98 million All are less than 10 million Together with the mortgage, you can borrow up to 90% If you don’t borrow the mortgage, You can borrow up to 70% Tai Feng’s standard units range from studios to 3 bedrooms Open-plan apartments generally do not exceed 300 square feet One-bedroom units start from 336 square feet More than half of the 2-bedroom units The salable area ranges from 428 to 671 square feet There is not much supply of 3-bedroom units Starting from 560 sq. ft. If you go to visit the building model You will find that there is a sky club in the middle of Tai Feng Units above this level will also begin to "change their rules" Reference cross-section drawing The fifth floor is residential Standard units on the 6th to 26th floors Mainly covers open plan to 2-room partitions after club The 29th floor and above are also residential buildings Reaching floors 30 to 39 Some of the small units downstairs will be merged together Supply more 3-bedroom units In this episode we will focus on the 12th to 26th floors That is, the main sales unit in the first round Let’s take a look at the 2-bedroom units that account for the largest share first. Divided into two categories based on Kaichu and Jianchu There are two main rules for opening a kitchen: One is a butterfly Two bedrooms are located on both sides of the living room Preferable is Room EF in Block 1B Because there is a "light toilet" The other is the more common 2-bedroom plan Enter the bedroom through the corridor But all of them are also "black toilets" Among them, Room G in Tower 1B and Room D in Tower 2B Because it is unilateral There will be more glass curtain walls There is an opportunity to increase the difficulty of placing furniture As for the 2 bedrooms in the kitchen, there are three main layouts: The first type is pure 2 bedrooms There are butterflies There are also traditional 2-bedroom plans Only Room E of Tower 2B has a "light toilet" The second type is a 2-bedroom apartment with a workshop Mainly located in Tower 1 But all of them are also "black toilets" The last 2 bedrooms with powder room There is only this pillar in Room A of Tower 1A so-called dressing room In fact, it is a toilet without a shower. In addition to having two toilets, this model The master bedroom has two doorways You can make your own cloakroom by adding a wall inside Among various intervals The kitchen occupies half of the 2 bedrooms There are 212 rooms The developer has built two 2-bedroom model units Let's go and see The 2-bedroom model unit with kitchen has a usable area of 468 square feet. The discounted property price is approximately 7.81 million Price per square foot is approximately 16,703 After entering the house, go through the entrance hall first But because we need to reserve a place to open and close the door, So if you want to make a shoe cabinet Then it should be approximately at this position Furnished show flat Mainly just removed the bedroom door maintain the principle interval Can reflect after placing furniture How much activity space is left? The lobby is dominated by wood color The characteristic wall corners are decorated with arcs The floor is built in a herringbone style Different from the handover standards Next to the entrance is the open kitchen Equipped with a range of German brand appliances Including induction cooker range hood Steam oven, refrigerator, etc. The original work surface is L-shaped After putting down the stove and zinc basin There is still room for meal preparation There are also kitchen cabinets on both sides However, there is a renovated show flat Convert the upper kitchen cabinets into shelves and enlarging the work surface. Ruoguo has seen the entire living room It's a little hard to imagine where to put the dining table Therefore, buyers may also consider Just like this decorated show flat Extend the work surface to create a dining table But it can only accommodate two people here So if it is a small family of 3 to 4 people I think buying a retractable dining table may be more appropriate However, if the buyer wants to make the same changes here Then you need to change the direction of the original washing machine Change to the living room side Do not integrate the dining table into the work surface The best chance is to place it next to the sofa But this layout It is impossible to clearly distinguish between the living room and the dining room. I think this is the place to put a storage coffee table may be more suitable Compared with ordinary butterflies, The bathroom is recessed in layout So in disguise, there is no doorway into the bathroom. This wall looks longer After placing the sofa If necessary, you can place an additional small locker here. With open kitchen and entrance The whole hall is about 171 square feet TV viewing distance is 2.6 meters Because the patio door opens to here So I don’t want to block the entry and exit locations. Here is the TV cabinet Here is the sofa would be more ideal The terrace is a three-in-one design The air conditioner platform is also incorporated here A total of 38 square feet Sufficient for drying clothes The master bedroom is approximately 72 square feet Equipped with floor-to-ceiling glass curtain wall Come to the master room It can be seen that the double bed and wardrobe are placed behind There's still a lot of room to move around But really live Switch to a wardrobe with doors It will reduce the sense of space Come to the small house There is a single bed and desk here But if you want to put a wardrobe Then there is a chance to reduce the area of this desk The small room is about 49 square feet One of the walls is decorated with wooden strips Implement the design style of the hall Last visit to the bathroom Rules for opening a kitchen and two rooms with windows for ventilation Bathtub design Use light gray stone Create a stylish and simple feel Next, let’s take a look at a 2-bedroom model unit with kitchenette Useable area: 550 square feet The discounted property price is approximately 8.45 million Price per square foot 15,379 yuan This unit is smaller than the previous one 82 square feet larger But because of the construction of the Terrier Kitchen and the addition of a workshop, The living room is smaller Together with the entrance plan Approximately 151 square feet The whole hall opens with four positive principles After setting down the dining table for 4 people here The remaining area can also be used to place sofas and TV cabinets Please note that some units face Kwun Tong Road There will be measures to mitigate noise Just like this terrace Equipped with baffle sound insulation device There are no windows in the living room Ventilation mainly depends on opening the patio door I usually feel a little noisy after opening it. You can turn off the sound reduction screen Ventilation also blocks noise Come over to the small room and have a look Approximately 54 square feet There are also similar devices Reflect that the unit will be affected by noise Many new developments have sound reduction measures I have seen before that some are built to the ground But this one is placed above the glass curtain wall stone It won’t take up carpet area once it’s changed. Make the most of the space when placing furniture The opening rules of "big two-bedroom apartment" Compared to the two-bedroom unit just now It is a more traditional and common two-bedroom apartment. A corridor connects two bedrooms At the end is the master room Visible spaciousness Moreover, the four principles are correct I believe it is also necessary to place furniture The master bedroom is approximately 94 square feet Enough for a wardrobe and double bed Come around and visit the kitchen L-shaped work surface Similar to an open kitchen Just install more burners Can cook over open fire Other electrical capacity For example, refrigerator steamer, oven, etc. Same as the open kitchen at the end of the kitchen After opening the sliding door Visible storage room The space here is not small Can store a lot of cleaning supplies Or debris This is close to 30 square feet No windows However, there is an air conditioner Last visit to the bathroom Compare one with a kitchen and 2 rooms Use marble tiles Use lighter colors But there are no windows for ventilation The most popular apartment type is 1 bedroom Accounted for more than 20% The salable area ranges from 336 to 379 square feet Mainly concentrated in Tower 2 Kai is also similar When you enter the door, there is an open kitchen and bathroom on both sides. They are all black toilets Among them, Room G in Tower 2A and Room C in Tower 1A are larger in area. Mainly because there are more entrances Can build a shoe cabinet However, it is always included in the property price Buyers need to weigh themselves 1-bedroom model unit built by the developer A model without entrance Useable area: 336 square feet The discounted property price is approximately 5.11 million Price per square foot 15,228 yuan Entering the house, you can see the lobby Open in long shape Approximately 139 square feet A 38-square-foot terrace at the end The bathroom is on the right side as you enter the door. Different from 2 bedrooms Cylinder design But the space is reasonable Mirror cabinet above toilet and wash basin Provides a lot of storage capacity Come out and visit the open kitchen Obviously smaller than 2 bedrooms And you have to divide it into two places to place all the home appliances The steam oven and refrigerator are next to the door. Refrigerators can only be built with a single door design In addition, induction cooker range hood and the washer and dryer are placed on the other side. This open kitchen After placing the zinc basin and stove head Not much work surface left So if it were me A bar will be installed here Can be used for two purposes On the one hand, it can be used as a work surface On the one hand it can be used as a dining table Bedroom approximately 71 square feet Large enough for a double bed I also reserved a place for the wardrobe. Come to the bedroom The rules here are pretty good. And this location behind the door It can be used as a wardrobe installation Can also be installed to the top The landscape of Taifeng is mainly divided into 4 categories The best quality is offered to the School of Visual Arts, Hong Kong Baptist University and the area around Ping Shek Recreation Ground Caiyun Village can be seen in the distance from behind But the playground in the middle covers an area of more than 360,000 square feet. The view is quite open Some units in Block 1A1B facing the northeast And the units in Block 2A2B facing the southeast There is also this view Most of them are 1-bedroom or 2-bedroom apartments with kitchen The second best option is facing the Kwun Tong Road Children's Playground to Sanshan King Temple Although this playground is not as big as Ping Shek But there is an opportunity for the high-rise units here to look forward to Lion Rock. Including units in Tower 2A facing north and Tower 2B facing west Mainly open-plan apartments However, the two housing estates behind the playground There will be an opportunity to rebuild in the future Among them, Rainbow Village already has relevant details. After redevelopment, approximately 9,200 units will be provided Some surveyors have calculated that if the plot ratio is exhausted Can build buildings up to 40 floors Therefore, there are variables in the landscape on Taifeng side. Another type of landscape is St. Joseph’s English Primary School to the former school building of St. Joseph's English Secondary School at the rear However, the school building has been vacant for many years. Temporarily unknown use Make the view of the unit facing this direction variable The only affected unit is Room G, Tower 1B The last category is facing Kwun Tong Road Facing more than 10 traffic lanes There must be a noise problem with the cars coming and going Most units here have noise mitigation measures Especially mid- to low-rise units However, developers have deployed many large units in this direction. The reason reaches a certain height You can see Kai Tak cityscape and cruise terminal in the distance Including units facing south in Tower 1A1B2B Mainly the 2 bedrooms in the kitchen Go to the 29th floor or above will "change the rules" to focus on 3 bedrooms The current floor plan only uses the 26th floor as a demonstration In fact, there are also variables in this landscape. All because of the site opposite the building Subsidized housing will be built Some buildings are as high as 40 floors There is an opportunity to block the view of this unit The biggest advantage of urban housing Mature transportation facilities In addition to the Rainbow Station mentioned at the beginning There are also many bus routes on Kwun Tong Road just outside Tai Fung. Traveling to different regions Never go to Rainbow Station again There is a public transport interchange There are also bus and minibus routes Travel to various districts in Hong Kong, Kowloon and the New Territories There are 95 parking spaces in the basement of the building. For motorists Take 807 Guys About every nine households compete for one Tai Feng Base also houses a shopping mall of over 50,000 square feet. There are 3 floors in total But half of the floor Already leased to Harrow Hong Kong International School Kindergarten Therefore it is conceivable Residents’ future shopping and dining needs Depend on nearby housing estates There is also a supermarket in the nearest Pingshi Village. Stores selling daily necessities and some chain fast food restaurants There are also flyovers in the housing estates Connected to Ngau Chi Wan Market There are 3 floors in total Exclude cooked food center This market is quite big Full range of fresh meat, fish, vegetables and fruits, etc. But if you want to go shopping You have to go to Kowloon Bay Telford Plaza If you don't want to walk Bus stop downstairs at Tai Feng There are also routes to go nearby Telford Plaza reaches 930,000 square feet One of the large shopping malls in East Kowloon There are various catering shops More dining and shopping options available Recreational facilities Tai Feng’s clubs are located on the 27th and 28th floors of the 3rd floor. There are indoor and outdoor swimming pools and children's playground. fitness room yoga room Reading room, etc. No longer adjacent to Ping Shek Recreation Ground There are also many recreational and sports facilities Including basketball court, football field, etc. What do you think of this episode? Why don't you leave a message and talk? Chance to win coffee gift certificates Finally, if you also like this video Remember to support us by giving Like
