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Li Ka-shing sold the house at a discount, and Cheung Kong Group sold some residences in Hong Kong's New Territories at a price cut by one-third

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Li Ka-shing sold the house at a discount, and Cheung Kong Group sold some residences in Hong Kong's New Territories at a price cut by one-third

Text|Netizens commented on Lele

Editor|Netizens commented on Lele

Preface

Cheung Kong Group, founded by Li Ka-shing, recently announced that it will build a residential project in Hung Shui Kiu, Northwest New Territories, Hong Kong

"#LYOS" is sold at a one-third price reduction. The price reduction is up to 32%, which has aroused widespread attention and discussion.

The video can be viewed here

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Video source: @The Paper

Cheung Kong Group announced that the "#LYOS" project will be offered to the public on May 19.

Li Ka-shing sold the house at a discount, and Cheung Kong Group sold some residences in Hong Kong's New Territories at a price cut by one-third

Image source network

The sale price of the units in the strata is discounted by up to 25% compared to the initial public offer.

Discounts of up to 32% for garden duplexes.

Li Ka-shing sold the house at a discount, and Cheung Kong Group sold some residences in Hong Kong's New Territories at a price cut by one-third

Image source network

The cheapest unit has a usable area of 202 square feet (about 18.77 square meters) and the contract price is HK$2,999,000 after deducting the maximum discount.

Li Ka-shing sold the house at a discount, and Cheung Kong Group sold some residences in Hong Kong's New Territories at a price cut by one-third

Image source network

The magnitude of the price reduction made the news quickly become the focus of market and media attention.

As soon as the topic was posted on the Internet, the comment area instantly exploded! Tens of thousands of comments poured in

Some of these netizens' comments are even more interesting and interesting, let's take a look

Netizen: 1.Transfer assets after discounting 2.Property tax is faster 3.We can say that he is bad But he is by no means stupider than us

Li Ka-shing sold the house at a discount, and Cheung Kong Group sold some residences in Hong Kong's New Territories at a price cut by one-third

Brother didn't learn the language well, don't learn from others to comment randomly

Netizen: The sale has begun

Li Ka-shing sold the house at a discount, and Cheung Kong Group sold some residences in Hong Kong's New Territories at a price cut by one-third

Brother Jiacheng walked out of the steps of the six relatives who did not recognize him

Netizen: It seems that real estate has entered a real historical era

Li Ka-shing sold the house at a discount, and Cheung Kong Group sold some residences in Hong Kong's New Territories at a price cut by one-third

He hoarded land and sold it very late, and many of his land were sold at very low reserve prices at the time

Netizen: Li Ka-shing's vision looks like the future of real estate

Li Ka-shing sold the house at a discount, and Cheung Kong Group sold some residences in Hong Kong's New Territories at a price cut by one-third

Is it a matter of policy that we don't buy houses? There's just no money

Cheung Kong Group is a real estate giant founded by Li Ka-shing and has long occupied an important position in the Hong Kong real estate market. In recent years, Hong Kong's real estate market has been volatile, and market demand has declined, leading many real estate companies to adjust their sales strategies. In order to cope with the market challenges, Cheung Kong Group decided to attract home buyers and stimulate sales by cutting prices significantly.

Social repercussions

Many buyers welcomed the price reduction, believing that it was a rare opportunity to buy a home, and expressed their interest in buying. This price reduction measure is seen as a way to ease the pressure on high housing prices in Hong Kong.

Analysts believe that the price cut is one of Cheung Kong's strategies to deal with the market downturn, aiming to attract more buyers by lowering prices and driving sales performance.

Some members of the public believe that selling at a lower price is a reasonable strategy for companies to cope with market changes, while others question whether this means that the market outlook is not good, and they are worried that the market will continue to decline.

Personal opinion

Li Ka-shing's sales strategy of selling at a lower price is undoubtedly a wise move to deal with the current market situation. In a volatile real estate market, attracting buyers by slashing prices will not only help improve sales performance, but also provide buyers with more affordable options. However, this move also reflects the uncertainty of the market, and buyers need to carefully assess market risks while rushing to buy. As an enterprise, Cheung Kong Group should continue to pay attention to market trends and adjust its strategy in a timely manner to maintain steady development.

end

In general, Cheung Kong Group's substantial price reduction in the sale of residential projects in the New Territories in Hong Kong has not only attracted the attention of a large number of home buyers, but also sparked widespread discussions in the society. In the coming days, market reaction and sales will further reveal the effectiveness of this strategy. It is hoped that both enterprises and home buyers can find the best balance in this wave of price reductions and achieve a win-win situation.

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