Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum,So Hung Chung)Christmas is approaching,the atmosphere of the public to buy the property have slowed down,175 units of Heya Star in Cheung Sha Wan which developed by Hs have stopped receiving votes last night.HS spokesman said yesterday, as of 7:00 last night, have received 2,800 votes,recorded 15 times over registrations,reduced 30% when compared to Heya Delight in the same area have received 4,100 votes previously,but still appeared 15 people competing for a unit situation. It is reported that the buyers who have entered the votes come from Heya Delight.As for Century Link in Tung Chung which mainly sell small and medium units,developer SHKP Deputy Managing Director Lui Ting said yesterday that the sale brochure of this residential project have uploaded last night.
The sale brochure of Century Link uploaded last night
SHKP Deputy Managing Director Lui Ting said yesterday Century Link in Tung Chung almost put up for sale,the sale brochure uploaded last night, the demonstration units or price lists details to be announced soon.SHKP Acting Assistant General Manager Wu Chi Yuen pointed out,Century Link including the units located in Flat A and B of Tower 3,Flat A and B of Tower 5 and Flat A and B of Tower 6 respectively,every units with open View,with the salable area of about 480 feet to 650 ft, the unit interval in seven categories, including a room and a room even store room; 2 bedrooms, 2 bedrooms 1 set and 2 bedrooms with a store room,3 bedrooms and 3 bedrooms 1 set.As the project mall area of about 25,000 sq ft,having negotiation with different merchants.
K HILL intends to put up special units for sale
On the other hand, while the West Island Line subway at the opening on the eve of this month, WPL is considering to launch out the last batch 15 units of KENSINGTON HILL in Sai Ying Pun for sale,including the 6 units located in the top floor and it is expected that it have price increase space.The residential project have sold 46 units so far,accounting 77% of the 60 units which put up for sale,cashed in HKD $7.0 billion.
The first batch of sale of Upton in Sai Ying Pun was ideal,developer Emperor Group have invited Nicholas Tse as spokesman to awards the estate agency industry yesterday, involving prizes worth more than HKD $1.0 million. Emperor International executive director Donald Cheung said the residential project has sold 42 units so far,cashed in of more than HKD $8.5 billion,there are about five buyers aren't Hong Kong permanent residents. As the residential project will put up the second batch 28 units for sale on Sunday, he described the votes received was,but it would not release figures.
The recent rise in land prices, Donald Cheung believes that reflect the current developer enthusiasm than the beginning of the year when a lot of promotion, it also reflects a higher bid have reflected felt optimistic on the outlook of the property market,therefore the Group's will adjust the future bids.Sophisticated investors Lu Hua the 63 units of AVA128 n Sai Ying Pun have stopped receiving votes last night, sources,it have received 200 votes so far,recorded 2.2 times over registrations. This batch of units will put up for sale tonight.
Shih Wing Ching expected the rents to rise
Shih Wing-Ching, founder of the Centaline said yesterday Hong Kong housing supply shortage,it is expected future prices will continue to have the support; at the same time will be less and less for rent,rent will rise steadily,due to the owners felt optimistic of the rent can rise,so hence would tend to shorten the lease period.
Shih Wing Ching refers continued this year, both prices and rents still in a high level,mainly due to the housing market caused a serious shortage. Although society still face other adverse factors, political disputes, the Council Raab and other phenomena, so that the government's policy to meet resistance, as the Chinese economy is still plagued the investors, but two factors are not worth the short supply.
