Arthur Poon

[Arthur Poon @CapitanoArturo]

6/6
首岸659萬入場、33清水灣361伙候推、擎海I周六200伙、銅鑼灣舖月租40萬對元朗老人院舖回報7.7厘。你更關注下周一市區盤會否再清、花旗2027年樓價租金齊升6%，還是內地時裝品牌續租核心舖？歡迎留言！ 👇

One Victoria Cove from HK$6.59 million, 361 homes at 33 Clear Water Bay waiting, 200 The Atlas I homes on Saturday, and a Causeway Bay shop at HK$400,000 a month against a Yuen Long care-home floor yielding 7.7%. Are you watching whether Monday’s urban launch clears, whether Citi’s 6% price-and-rent call for 2027 holds, or whether mainland fashion keeps taking core shops? Drop a comment! 👇

#HongKongProperty #HKRealEstate #首岸 #33清水灣 #擎海 #銅鑼灣 #北都 #樓市2026

[Arthur Poon @CapitanoArturo]

3/6
🎟️ 收票、洋房與花旗預測
越秀擎海I昨午截票，接近3萬票，以周六價單200伙計超額149倍。首輪114伙1房、86伙2房，折實375.9萬至780萬、折實呎價13,008至15,538元。西貢豐迎山開放現樓及會所，10號洋房實用2,207平方呎連784呎花園，家具裝修至少1,400萬，暫約80組參觀、一半本地，已售1伙、短期再���推。同區WHITESAND COVE 4房1,039平方呎連406呎海景平台以1,920萬沽出、呎價18,479元，累售14伙、逾4億。花旗指《2026年長策》私人房屋未來10年目標按年減5%至12.6萬伙，且集中北都，核心區更緊；人才及學生需求支持下，料2027年樓價及租金齊升6%。過去12年供應累計減34%、需求只減8%。學生簽證2015至2025年增5.1萬，料2030年達10萬。該行第四季偏好收租股，推薦太古地產、九倉置業、領展及新地。

Tickets, houses, and Citi
Yuexiu’s The Atlas I closed tickets yesterday afternoon on nearly 30,000 registrations, 149 times the 200 Saturday list units. The first round is 114 one-beds and 86 two-beds, net HK$3.759–7.8 million, or HK$13,008–15,538 psf. Sai Kung Mount Hebe opened a completed house and clubhouse. House 10 is 2,207 sq ft plus a 784 sq ft garden, with at least HK$14 million spent on furniture and fit-out. About 80 groups have visited, half local. One house is sold, and more could be added soon. Nearby WHITESAND COVE sold a 1,039 sq ft four-bed with a 406 sq ft sea terrace for HK$19.2 million, or HK$18,479 psf. Cumulative: 14 homes and more than HK$400 million. Citi says the 2026 Long Term Housing Strategy cuts the private target 5% to 126,000 homes over 10 years, concentrated in the Northern Metropolis, so the core gets tighter. On talent and student demand, it sees prices and rents both up 6% in 2027. Over 12 years supply fell 34% while demand fell only 8%. Student visas rose 51,000 from 2015 to 2025 and could reach 100,000 by 2030. For the fourth quarter it prefers landlords, naming Swire Properties, Wharf REIC, Link and SHKP.

[Arthur Poon @CapitanoArturo]

5/6
🏪 核心舖與收租盤
銅鑼灣名店坊地下連舖約2,500平方呎，由內地輕奢手袋「山下有松」承租作港首店，圍板已上，市場料月租約40萬，原租客Y-3已遷出。品牌內地近20間店，主攻北京、上海、深圳。今年時裝品牌加快來港：https://t.co/ITA1mw3Fof租銅鑼灣恒隆中心1及2樓約3萬平方呎、月租約200萬；海瀾之家租中環中旅大廈兩層約3,202平方呎、月租約40萬。長沙灣長發街28號地舖約833平方呎連租約放售，意向價1,440萬，業主1992年購入持貨逾34年。永倫以1.05億沽元朗泰衡街大興大廈2樓老人院舖連平台，面積約2.4萬平方呎連1.8萬呎平台、呎價約4,375元，護老院月租約68萬、回報達7.7厘，租約至明年。集團1997年以9,100萬買入地下至2樓，1樓仍自持、月租約120萬。嘉里何文田地價後，測量師上調表內地皮估值最多六成，石門安心街由每呎5,000至5,500元上調至7,500至8,800元；曾流標的赤柱環角徑由43.2億至45.6億上調至60億至64.8億。另8月私樓落成887伙，按月增3.7倍，首8月累計8,987伙、按年跌27%，僅達全年預測53%。

Core shops and income stock
A Causeway Bay Fashion Walk ground-floor run of about 2,500 sq ft has been taken by mainland light-luxury bag brand Songmont for its first Hong Kong store. Hoardings are up. The market puts rent at about HK$400,000 a month. Former tenant Y-3 has left. The brand has nearly 20 mainland stores, mainly Beijing, Shanghai and Shenzhen. Fashion labels are moving faster this year: https://t.co/ITA1mw3Fof took about 30,000 sq ft on the 1st and 2nd floors of Hang Lung Centre, Causeway Bay, at about HK$2 million a month, and HLA took about 3,202 sq ft on two floors of China Travel Building, Central, at about HK$400,000. A Cheung Sha Wan shop at 28 Cheung Fat Street, about 833 sq ft, is offered with the tenancy at HK$14.4 million. The owner bought it in 1992 and has held it for more than 34 years. Winland sold the 2nd floor elderly-home space at Tai Hang Building, Tai Hang Street, Yuen Long, plus terrace, for HK$105 million: about 24,000 sq ft plus an 18,000 sq ft terrace, or about HK$4,375 psf. The care home pays about HK$680,000 a month, a 7.7% yield, lease to next year. The group bought G/F to 2/F in 1997 for HK$91 million and still holds the 1st floor at about HK$1.2 million a month. After Kerry’s Ho Man Tin land price, surveyors lifted valuations on listed sites by as much as 60%. Sha Tin On Sum Street moved from HK$5,000–5,500 psf to HK$7,500–8,800. The Stanley Chung Hom Kok site that failed in tender went from HK$4.32–4.56 billion to HK$6–6.48 billion. Separately, 887 private homes were completed in August, 3.7 times July. The first eight months total 8,987, down 27% year on year, only 53% of the full-year forecast.

[Arthur Poon @CapitanoArturo]

2/6
🏠 市區盤搶客
恒地、華懋、英皇及市建局的首岸2期首批80伙，實用339至660平方呎，58伙2房、9伙2房連儲物室、13伙3房。價單724.1萬至1,713.3萬，最高九折後折實658.9萬至1,559.1萬、折實呎價18,974至24,298元，12伙2房低於700萬。入場為3樓L室339平方呎2房；最低呎價為5樓D室395平方呎、18,974元。較6月第4期最低折實呎價20,331元低約6.7%，貼近第4期最新成交約2.2萬，較鄰近壹沐2期近期約2.33萬平約8%，高過一街之隔啟岸二手約18,700元約15%。下周一先到先得。系列累售735伙、佔可售94%，套現62.2億。財團2021年9月以逾81億奪發展權，樓面地價約11,414元。九建33清水灣1期昨晚出樓書，361伙、實用470至2,361平方呎，2房及3房各約43%、4房約14%，最細470呎2房連72呎平台，最大為2,361呎複式3房連天台。2027年12月11日落成，樓花期約14個月，今日開放示範單位、短期推售。全盤約2,000伙，基座商場連地庫約65萬平方呎，2021年補地價約96.6億。

Urban launches compete
Henderson, Chinese Estates, Emperor and the URA priced One Victoria Cove Phase 2: 80 homes, 339–660 sq ft, 58 two-beds, nine two-beds with a store and 13 three-beds. List prices are HK$7.241–17.133 million. After a maximum 9% discount, net prices are HK$6.589–15.591 million, or HK$18,974–24,298 psf. Twelve two-beds are under HK$7 million. Entry is 3/F L, a 339 sq ft two-bed. The lowest psf is 5/F D, 395 sq ft, at HK$18,974. That is about 6.7% below Phase 4’s June floor of HK$20,331, close to Phase 4’s latest deals around HK$22,000, about 8% below nearby Highwood Phase 2 at about HK$23,300, and about 15% above neighboring The Vantage secondary at about HK$18,700. Sale is first-come-first-served next Monday. The series has sold 735 homes, 94% of stock, for HK$6.22 billion. The consortium won the site in September 2021 for more than HK$8.1 billion, about HK$11,414 psf. Kowloon Development’s 33 Clear Water Bay Phase 1 brochure came out last night: 361 homes, 470–2,361 sq ft, two-beds and three-beds each about 43%, four-beds about 14%. The smallest is a 470 sq ft two-bed with a 72 sq ft terrace; the largest is a 2,361 sq ft duplex three-bed with a roof. Completion is 11 December 2027, about 14 months of presale. Show flats open today, sale soon. The whole project is about 2,000 homes, with a podium mall plus basement of about 650,000 sq ft. The 2021 premium was about HK$9.66 billion.

[Arthur Poon @CapitanoArturo]

1/6
☀️ 周四樓市速遞：紅磡首岸2期（One Victoria Cove）突擊開價，首批80伙折實658.9萬起、折實呎價18,974元起，下周一先到先得。牛池灣33清水灣1期獲批預售，361伙今日開放示範單位。油塘擎海I截收近3萬票、超額149倍，周六售200伙。零售方��，內地輕奢「山下有松」租銅鑼灣名店坊2,500呎地舖，月租料40萬。住宅與商業一次過更新 👇

Thursday property update: Hung Hom One Victoria Cove Phase 2 priced overnight. The first 80 homes start at a net HK$6.589 million, or HK$18,974 psf, first-come-first-served next Monday. Ngau Chi Wan 33 Clear Water Bay Phase 1 has presale consent, 361 homes, with show flats opening today. Yau Tong The Atlas I closed on nearly 30,000 tickets, 149 times covered, and sells 200 homes on Saturday. On retail, mainland light-luxury bag brand Songmont took a 2,500 sq ft Causeway Bay Fashion Walk shop at an estimated HK$400,000 a month. Residential + commercial roundup 👇

[Arthur Poon @CapitanoArturo]

6/6
何文田地價2萬、SIERRA SEA 538萬入場、擎海I周六200伙、四洲中心呎價6,600對長沙灣舖八年五八折。你更關注豪宅地價會否再破、周六低開會否再清，還是舖位蝕讓先見底？歡迎留言！ 👇

Ho Man Tin land at HK$20,000 psf, SIERRA SEA from HK$5.38 million, 200 The Atlas I homes on Saturday, and Four Seas at HK$6,600 psf against a Cheung Sha Wan shop down 58% in eight years. Are you watching whether luxury land goes higher, whether Saturday’s cheap open clears again, or whether shop losses bottom first? Drop a comment! 👇

#HongKongProperty #HKRealEstate #何文田 #SIERRASEA #擎海 #舖位 #按揭 #樓市2026

[Arthur Poon @CapitanoArturo]

1/6
☀️ 周三樓市速遞：嘉里以約43.08億投得何文田佛光街地皮，樓面地價20,738元，高出估值上限近四成，屬九龍近5年最高。西沙SIERRA SEA 2C(2)期首批105伙折實538.2萬起、折實呎價12,517元起，較同系二手折讓約一成至一成半。油塘擎海I暫收近3萬票，周六首輪售200伙。舖位方面，觀塘四洲集團中心全層1.06億、呎價6,600元；長沙灣舖8年貶值58%。住宅與商業一次過更新 👇

Wednesday property update: Kerry won the Ho Man Tin Fat Kwong Street site for about HK$4.308 billion, an accommodation value of HK$20,738 psf, nearly 40% above the top estimate and the highest in Kowloon in almost five years. Sai Sha SIERRA SEA Phase 2C(2) priced a first batch of 105 homes from a net HK$5.382 million, or HK$12,517 psf, about 10–15% below the secondary price of earlier phases. Yau Tong The Atlas I has nearly 30,000 tickets and sells 200 homes on Saturday. On shops, a whole floor at Kwun Tong’s Four Seas Group Centre went for HK$106 million, or HK$6,600 psf, while a Cheung Sha Wan shop is down 58% in eight years. Residential + commercial roundup 👇

[Arthur Poon @CapitanoArturo]

5/6
🏪 商廈、舖位與按揭戰
觀塘敬業街四洲集團中心18樓全層約16,042平方呎，以1.06億沽出、呎價約6,600元。今年中低層曾降至每呎約4,000元速銷，如今中層價錢回升。長沙灣青山道250號地下約1,596平方呎以2,280萬易手、呎價約1.4萬，燒鵝茶餐廳月租約8.4萬、回報4.4厘。原業主2018年以5,400萬買入，8年蝕3,120萬、貶值58%。九龍塘金巴倫道37號屋地（前名八酒店）去年以1.3億易手，新業主申請放寬高度，擬建4層洋房（含地庫），總樓面約3,171平方呎，地盤9,684平方呎，地價約每呎4.1萬；原業主1996年以3,800萬買入，29年獲利約9,200萬。按揭方面，有港資銀行將現金回贈由1.4%加至2%，專才再加0.5%至2.5%，創近3年新高，貸款額逾300萬或按保逾200萬適用。以500萬貸款、2.5%計，回贈12.5萬。西九文化區上年度營運赤字擴至9.98億、按年升29.7%，不計利息收入7.68億仍升19%��2008年216億一筆過撥款料本年度用盡，已簽30億、10年銀行融資。藝術廣場大樓料明年完工帶來保證租金，2B區住宅明年上半年招標。

Offices, shops and the mortgage war
The 18th floor of Four Seas Group Centre, How Ming Street, Kwun Tong, about 16,042 sq ft, sold for HK$106 million, or about HK$6,600 psf. Low floors were cut to about HK$4,000 psf mid-year to clear; mid-floor pricing has since firmed. Cheung Sha Wan’s 250 Castle Peak Road ground floor, about 1,596 sq ft, sold for HK$22.8 million, or about HK$14,000 psf. A roast-goose restaurant pays about HK$84,000 a month, a 4.4% yield. The 2018 cost was HK$54 million; the eight-year loss is HK$31.2 million, or 58%. Kowloon Tong’s 37 Cumberland Road, formerly a guesthouse, sold last year for HK$130 million. The new owner is applying to relax the height limit for a four-storey house including a basement, about 3,171 sq ft on a 9,684 sq ft site, land at about HK$41,000 psf. The 1996 buyer paid HK$38 million and made about HK$92 million in 29 years. On mortgages, a local bank lifted its cash rebate from 1.4% to 2%, and talent-scheme clients get another 0.5% to 2.5%, a near three-year high, for loans above HK$3 million or insured loans above HK$2 million. On a HK$5 million loan, 2.5% is HK$125,000 back. West Kowloon Cultural District’s operating deficit widened to HK$998 million, up 29.7%. Income excluding interest still rose 19% to HK$768 million. The 2008 HK$21.6 billion endowment is expected to run out this year. A HK$3 billion, 10-year bank facility is in place. Artist Square Towers are due next year and should bring guaranteed rent. The Zone 2B residential site is due for tender in the first half of next year.

[Arthur Poon @CapitanoArturo]

6/6
逸里1號3個月樓花、擎海I百倍超額、尖沙咀舖63年62倍對金魚街14年五七折。你更關注周六低開會否再清、中環甲廈租金全年升逾一成，還是核心舖兩極裡邊邊先見底？歡迎留言！ 👇

One Upper Lane has a three-month presale, The Atlas I is over 100 times covered, and a Tsim Sha Tsui shop is up 62 times in 63 years against a Goldfish Street shop down 57% in 14. Are you watching whether Saturday’s cheap open clears again, whether Central office rents really rise more than 10% this year, or which side of the core-shop split bottoms first? Drop a comment! 👇

#HongKongProperty #HKRealEstate #逸里1號 #SIERRASEA #擎海 #舖位 #中環甲廈 #樓市2026

[Arthur Poon @CapitanoArturo]

1/6
☀️ 周二樓市速遞：旺角利奧坊第6期命名逸里1號（One Upper Lane），126伙、樓花期僅約3個月，短期推售。西沙SIERRA SEA 2C(2)期最快今日開價，首批不少於104伙。油塘擎海I暫收逾2.3萬票、超額逾100倍，最快周六開售。舖位方面，前立法局主席黃宏發2,500萬沽尖沙咀舖，63年升62倍；旺角金魚街舖2,700萬，14年貶57%。住宅與商業一次過更新 👇

Tuesday property update: Mong Kok Square Mile Phase 6 is named One Upper Lane — 126 homes, only about three months of presale, on sale soon. Sai Sha SIERRA SEA Phase 2C(2) may price today, first batch at least 104 homes. Yau Tong The Atlas I has drawn more than 23,000 tickets, over 100 times covered, with a first sale as early as Saturday. On shops, former LegCo president Wong Hong-fat sold a Tsim Sha Tsui unit for HK$25 million, up 62 times in 63 years; a Mong Kok Goldfish Street shop went for HK$27 million, down 57% in 14 years. Residential + commercial roundup 👇

[Arthur Poon @CapitanoArturo]

5/6
🏪 舖位兩極與銀主盤
尖沙咀金馬倫道金鑾大廈地下H及I號舖約500平方呎，以近2,500萬易手，便利店月租約8萬、回報3.8厘。前立法局主席黃宏發家族1963年以39.5萬買入，持貨63年升值62倍；去年底曾叫價3,500萬。旺角通菜街207A號金魚街舖約900平方呎以約2,700萬沽出、呎價約3萬，水族店月租約11萬、回報4.9厘。原業主蔡伯能2012年以6,300萬買入，14年蝕3,600萬、貶值57%。中環卑利街70號地下約1,100平方呎以1,050萬成交。銀主盤存量連續3個月突破400伙。屯門琨崙3房單號屋實用2,439平方呎連花園及平台，以2,880萬沽出、呎價約11,808元，2020年以約4,738萬買入，6年貶值39%；買家為同屋苑業主。沙田富豪花園3房銀主盤583萬易手。寫字樓方面，戴德梁行指第三季新租賃140萬平方呎，2019年以來季度新高，正吸納41.24萬平方呎；中區租金首三季累升15%，料全年升12%至14%，帶動全港甲廈租金升5%至7%。

Shops split, and receivership stock
H and I on the ground floor of Majestic House, Cameron Road, Tsim Sha Tsui, about 500 sq ft, sold for close to HK$25 million. A convenience store pays about HK$80,000 a month, a 3.8% yield. Former LegCo president Wong Hong-fat’s family bought it in 1963 for HK$395,000; 63 years on it is up 62 times. The asking price late last year was HK$35 million. At 207A Tung Choi Street, Mong Kok’s Goldfish Street, about 900 sq ft sold for about HK$27 million, or HK$30,000 psf. An aquarium pays about HK$110,000 a month, a 4.9% yield. Investor Choi Pak Nang paid HK$63 million in 2012; the 14-year loss is HK$36 million, or 57%. Central’s 70 Peel Street ground floor, about 1,100 sq ft, sold for HK$10.5 million. Receivership stock has stayed above 400 homes for three straight months. A Tuen Mun Jade Grove single-number house, 2,439 sq ft plus garden and terrace, sold for HK$28.8 million, or about HK$11,808 psf. Bought in 2020 for about HK$47.38 million, it is down 39% in six years. The buyer already owns in the estate. A Sha Tin Belair Gardens three-bed receivership flat sold for HK$5.83 million. On offices, Cushman says third-quarter new leasing hit 1.4 million sq ft, the highest quarter since 2019, with net absorption of 412,400 sq ft. Central rents are up 15% in the first three quarters, and the firm sees 12–14% for the full year, pulling citywide Grade-A rents up 5–7%.

[Arthur Poon @CapitanoArturo]

6/6
叡璟II五輪即清、套現80億，擎海I 1.5萬票候開，中環空置跌破一成。你更關注黄金周低開會否再清、超甲廈租金升15%能否持續，還是星資3億抄春坎角豪宅收租的回報？歡迎留言！ 👇

Five Sterling II lists have cleared and raised HK$8 billion, The Atlas I is sitting on 15,000 tickets, and Central vacancy is back under 10%. Are you watching whether the Golden Week cheap open clears again, whether a 15% super Grade-A rent rise can last, or what yield SC Capital gets on a HK$300 million Chung Hom Kok rental bet? Drop a comment! 👇

#HongKongProperty #HKRealEstate #叡璟 #擎海 #中環甲廈 #IPO #學宿 #樓市2026

[Arthur Poon @CapitanoArturo]

1/6
☀️ 周一樓市速遞：黃金周周末一手近180宗。西南九龍叡璟II周六次輪129伙即日沽清，累收32,265票、超額逾249倍，系列五輪累售815伙、套現約80.4億。油塘擎海I原價加推98伙、折實384萬起，暫收逾1.5萬票。嘉��九龍半山緹外4房2.6億成交，創今年九龍一手新高。工商方面，IPO帶動中環甲廈正吸納，長江中心2期接近全數租出。住宅與商業一次過更新 👇

Monday property update: The Golden Week weekend logged nearly 180 primary deals. West Kowloon The Sterling II sold all 129 Saturday list units on the day after 32,265 tickets, more than 249 times covered; five rounds have now moved 815 homes and about HK$8.04 billion. Yau Tong Atlas Harbour I added 98 homes at the original price, from a net HK$3.84 million, with more than 15,000 tickets. Kerry’s Kowloon mid-levels Mont Verra sold a four-bed for HK$260 million, a Kowloon primary record this year. On the commercial side, the IPO boom is pulling positive Central Grade-A absorption, and Cheung Kong Center II is close to fully let. Residential + commercial roundup 👇

[Arthur Poon @CapitanoArturo]

5/6
🎓 星資抄底與租務
新加坡SC Capital（管理資產97億美元）主席謝崇洲看好本港住宅及學生宿舍，指樓市波動正給長綫資金抄底窗口。集團今年中以約3億購��春坎角浩瀚台，佔地約2.1萬平方呎、5幢洋房及12個車位，計劃再投近1.5億翻新、每幢加私人電梯，明年下半年招租。鴨脷洲平瀾街項目約82伙、250至500平方呎，第四季啟動預售，2027年上半年現樓交付；樂風只曾任專案管理，不持股權。集團未來數月將宣布與管理公司合作，專注九龍及新界近大學的學宿。租務方面，天水圍YOHO WEST PARKSIDE 2房468平方呎放盤1日以1.7萬租出、回報3.8厘；油塘親海駅1房呎租57元、回報4.7厘，租客為內地優才；西灣河The Holborn開放式呎租71元、回報4.2厘。赤柱ONE STANLEY一間獨立屋被揭部分鋼筋未按圖則配置，屋宇署指整體結構無明顯危險，正嚴肅調查，發展商表示配合。

Singapore capital and the rental market
SC Capital of Singapore, with US$9.7 billion under management, is bullish on Hong Kong homes and student housing. Chairman Suchad Chiaranussati says the cycle is an entry window for long-term capital. The firm bought Chung Hom Kok’s Belvedere mid-year for about HK$300 million — a site of about 21,000 sq ft, five houses and 12 parking spaces — and plans to spend nearly HK$150 million on a renovation, including a private lift in each house, for leasing in the second half of next year. Its Ap Lei Chau Ping Lan Street project, about 82 homes of 250–500 sq ft, starts presale in the fourth quarter and is due for completion in the first half of 2027. Lofter Group was only the project manager and holds no equity. Within months the group expects to announce a manager tie-up focused on student housing near universities in Kowloon and the New Territories. On rents, a Tin Shui Wai YOHO WEST PARKSIDE two-bed of 468 sq ft let at HK$17,000 after one day on the market, a 3.8% yield. A Yau Tong The Coast Line one-bed let at HK$57 psf, a 4.7% yield, to a mainland talent tenant. A Sai Wan Ho The Holborn studio let at HK$71 psf, a 4.2% yield. At Stanley, one ONE STANLEY house was found with some steel not installed to plan. The Buildings Department says there is no obvious structural danger and is investigating; the developer says it is cooperating.