（By Liang Yueqin）
First hand property market is hot and developers are aggressive on pricing. Easyknit Group's Paxton in 313 Prince Edward Road West Ho Man Tin announced the first price list at market level yesterday, including 30 units, at sale prices from HKD 25.404 million to HKD 56.234 million, with average sq ft price at HKD 28,000. Developer provides 11% privileges at the most to first housing people and 12.5% at the most for house changing customers, while first three company name buyers or foreign purchasers will earn 14% discount at the most, with the lowest average sq ft price after discount at about HKD 24,000, similar to price of DUNBAR PLACE in nearby (its sq ft price is between about HKD 22,000 and HKD 25,000).
The first 30 units of Paxton take 60% of the total, in usable areas from 935 sq ft to 1,813 sq ft and layouts from two rooms (one suite) to four rooms (three suites), which are located in 2nd to 18th floor, and their prices are from HKD 25.404 million to HKD 56.234 million, with average sq ft price at about HKD 28,000, Guan Kexin who is the Executive Director of Easyknit Group expressed.
House changing customers enjoy extra discount.
Guan Kexin pointed, Paxton buyers will enjoy many housing privileges, such as 5% discount for 60 days cash payment , 2% for buyers purchasing before July 13th, extra 4.25% for customers not use new stamp duty allowance, 5.95% of new stamp duty allowance, and 7.5% for first three buyers who need to pay BSD, and the lowest average sq ft price after discount is about HKD 24,000.
There are 21 floors supplying 49 units in Paxton, in usable areas from 935 sq ft to 3,694 sq ft, and they are units from two rooms to four rooms.
AUSTIN collected more than one thousand applications for its new supply.
As for GRAND AUSTIN in Austin Station which will close the application today and be put on sale tomorrow morning, more than 1,000 applications had received for its third round of 149 units until last night.
Sky unit of Mayfair By The Sea is in sq ft price of HKD 44,746.
The first 200 units of Mayfair By The Sea II which were additional launched at night before yesterday and the 56 units of Mayfair By The Sea I will be put on sale on next Monday, application of which will close tomorrow, and there is mark up by 1%-2%, while the sale prices are still reasonable after mark up, there into, sky unit in Mayfair By The Sea I is firstly launched, which is room A in 17th floor of block 1, in usable area of 2,714 sq ft joining terrace in 3,044 sq ft and at price of HKD 121.44 million, with sq ft price at HKD 44,746, being the peak among floor style units in New Territories if sold at that price, and the discounted sale price is HKD 98.062 million base on the highest discount of 19.25%, with sq ft price at HKD 36.132, expressed by Tian Zhaoyuan, the Associate Director of Sino.
He said, Mayfair By The Sea I has sold 332 units taking in more than HKD 3.5 billion, and the highest transaction sq ft price until now is HKD 18,089, which happened in room A of 12th floor in block 2, while room C and room D which are three rooms units in 900 sq ft of Mayfair By The Sea I had been sold out.
Source also pointed, yesterday, company name buyer bought room B in block 5 of The Graces Providence Bay in Tai Po developed by Sino and so on at discounted price of HKD 21.937 million, usable area of which is 1,568 sq ft, with discounted sq ft price at HKD 13,990. Besides, City Point sold 4 units, while The Avenue, The Summa, Winfield Building, Billionnaire Avant, the Reach and Harmony Place each sold 1 unit. Yesterday, Sun Hung Kai's Riva in Yuen Long put on sale parking spots by two batch to their property owners, and totally 38 parking spots were sold.
