2015.10.31

The Central Bank recently announced the fifth round of interest cut in this year. The benchmark interest rate of one-year loan is cut by 0.25 percentage point, while the mortgage rate for loans above five years has been reduced to 4.9%. Thus, the commercial mortgage rate is the lowest for the past ten years, and the interest rate of the housing provident fund loan also reached the lowest level. This means that the era of super-low interest rate has arrived for homebuyers.

·The Fifth Interest Cut by the Central Bank

Homebuyers might ask: How much money indeed can I save at the newly implemented interest rate? Take the 20-year fixed-payment commercial mortgage as an example. If the mortgage were one million yuan, the monthly repayment would be 6,682.70 yuan based on the previous 5.15% interest rate, while it would be 6,544.44 yuan based on the new rate. Therefore, the gap is 138.26 yuan per month, which could save homebuyers 33,000 yuan worthy of the interest expense in total for the 20-year mortgage period.

·Poster of Times Riverbank (Foshan)

The one million m² Times Riverbank (Foshan), located in Jinshazhou, the Gateway linking Guangzhou and Foshan, opened the door of its Sales Center on 1^st October and has gained huge popularity among the homebuyers in the two cities. Currently, the project is open for subscription. A deposit of 20,000 yuan ensures you a 50,000-yuan discount on the total price of the apartment, helping you to save even more money based on the reduced interest rate.

Full-fledged Supporting Facilities for A Quality Life at Times Riverbank (Foshan)

Sitting at the core area of Jinshazhou on the bank of the upper section of the Pearl River, Times Riverbank (Foshan) commands the most beautiful river view comparable to that in the Zhujiang New Town, the CBD of Guangzhou, and provides the most wanted apartments facing south to the river. Well-connected transportation and full-fledged supporting facilities make the project even more attractive to the local homebuyers. The project is not only directly connect to the downtown Guangzhou through the Jinshazhou Bridge, but also linked to Foshan, Qingyuan and other PRD cities through the Shabei Expressway, Guangzhou-Foshan Expressway, Guangzhou Circular Expressway and the Guangzhou Metro Line 6 within the reach of the local dwellers. 

·The River View from Times Riverbank (Foshan)

Additionally, the first-grade Shamian New Town (residential complex) bilingual kindergarten, the provincial first-grade Haibei Middle School, and the Shimen Middle School provide your children the best education resources. The shops, swimming pool, half-size basketball course, badminton court, Children’s Activity Center, the exercise area, the modern Chinese-style landscape garden, and the fountain inside the complex offer you the best life enjoyment in the community.

·The Sample Apartment of Times Riverbank (Foshan)

Times Riverbank (Foshan) plans to launch the western-style three-bedroom and four-bedroom apartments of 88m², 98m² and 113 m² in Building No.9 (30 floors) and Building No.10 to No.13 (34 floors) with fine interior decoration in the end of November. The price is to be decided. Now a deposit of 20,000 yuan ensures homebuyers a discount of 50,000 yuan on the total price of the apartment and also a gift bag of home appliances.

For more information, please call: 020-89391888