Domus collected registrations 82 times exceed the quota; The Beaumount II freeze HKD 500 million.
(By Yan Lunle)
The first batch 60 units of new project Domus belong to Paliburg and rices in Hung Shui Kiu are mostly less than HKD 3 million, attracting large number of first housing people, and market source spread about 5,000 registrations have been collected, up to 82 times more than the quota. Developer will publish the prices of the remaining 74 floor type units today, and market focus to mark up or not. As for Cheung Kong' s The Beaumount II in Tsueng Kwan which will put on sale 471 units in two rooms layout tomorrow, market source pointed nearly 5,000 registrations were collected, exceeding about 9.6 times than the quota. These two projects totally freeze about HKD 900 million.
Domus mainly supplies mini flat around 200 sq ft, while up to 59 units among the first batch of 60 units are under HKD 3 million after 9% for cash payment, attracting many first housing people visiting the sample apartment these days. Source pointed, more than 1,000 registrations were collected again yesterday, and about 5,000 registrations have been collected in four days, exceeding about 82 times than the quota in first batch, thus HKD 400 million is frozen base on each registration cost HKD 80,000.
Another side, Cheung Kong's The Beaumount II in Tsueng Kwan will put on sale their two rooms units tomorrow, and market source pointed, the project has collected 5,000 registrations in three days, exceeding about 9.6 times than the quota and freezing about HKD 500 million base on each registration cost HKD 100,000.
38 first hand property transactions made in two days.
The sales of two projects suitable to first housing people drag down the first hand property sales to only 38 cases in the past two days, similar to the transactions in weekend before. Synthesizing market information, the Reach in Yuen Long had the most transactions in the past two days, which were 11 cases; Sino's The Avery in Kowloon City sold its last one unit, so its all 78 units were sold.
Registrations for two rooms unit of The Beaumount II are less than for the three rooms unit in earlier, but the Investment Director of Cheung Kong Guo Ziwei wasn't agree with opinion that it was affected by other new project suitable to first housing people being put on sale recently. Potential buyers of The Beaumount II's two rooms unit are mostly first housing people who are carefully and submit only one or two registrations, so the registrations were relatively less, He explained. The project will put on sale two rooms units tomorrow, when the actual sales situation will show, he pointed.
Price of the remaining of The Beaumount II surely will rise.
However, Mr Guo believed the ratio of investors will increase, because Education Bureau recently published one international school will be located nearby The Beaumount II, which will strengthen the investing potential, and the investor ratio for three rooms unit before was about 20%, thus it is estimated the investor ratio for two rooms unit may up to above 30%. Guo Ziwei expressed they temporarily may not adjust the price because of the school location, but he emphasized there will be at least 3% of mark up for the remaining if these two units are not sold out.
Price of 3 Julia Avenue rise.
Besides, Phoenix Property's 3 Julia Avenue in Ho Man Tin updated price list, prices of 4 units among increase by about 1.1% to 4.5%, with room C in 5th floor has the largest mark up, which from HKD 13.039 million to HKD 13.621 million, up by about 4.5%, according to the Sales of First-hand Residential Properties Electronic Platform (“SRPE”).
