New World Development (00016.HK) announced the first price list for The YOHO Hub II Block 6 located above the Yuen Long Station. It involves 94 units with diverse layouts, and the average price per square foot is approximately HKD 14,338. Bryant Bu, Executive Director of Residential Department at Midland Realty, stated that the project's pricing is considered 'highly competitive'. This reflects the developer's active promotion, which is expected to attract renters looking to buy, those looking to upgrade, and long-term rental investors. It is estimated that the rental yield can reach $50 per square foot after occupancy, with a rental return rate of over 3.5%.

Bryant Bu stated that The YOHO Hub ll in Yuen Long is a railroads above-ground project. It can be directly accessed from the West Rail Station exit, with convenient transportation and comprehensive living facilities. It is expected to attract renters looking to buy, those looking to upgrade, and long-term rental investors after its release. The investment proportion of the project is expected to be about 30%, and the rental price per square foot can reach $50 after occupancy, with a rental return rate of over 3.5%.

Bryant Bu stated that as the Federal Reserve's interest rate decision approaches, it is expected that the new property will continue to be launched after the interest rate trend becomes clear. The market's purchasing power will also be gradually released, and it is expected that there will be about 800 first-hand transactions recorded for the whole month. Next month, it is expected to further increase. The second-hand market will benefit from the increase in transactions due to quick entry into the market, and it is expected to record about 3,000 transactions for the whole month, increasing to about 3,600 transactions next month. It is believed that property prices will also stabilize after the decline.