One West Kowloon put on sale this month at the soonest Sky house call for HKD 31 million
Seeing the market in good trend, developers competing to launch projects. The Reach in Yuen Long and Amalfi in Discovery Bay are plan to publish the price this week. The former consider to supply first and secondary mortgage for 85% of the price. Altro in Sai Ying Pun also plan to be on sale in the short term. In addition, One West Kowloon in Cheung Sha Wan expect to get the sale approval next week. The intention price of the sky house in top floor of building 2 "Yue Long Mansion" with cover area in 1,300 sq ft is HKD 31 million and the sq ft price is HKD24,000.( See another news release about Amalfi and Altro)
Henderson sales department general manager Lin Da-min express, The Reach in Yuen Long cooperation developed with New World has distributed the brochures yesterday. They will publish the price list this Friday and put on sale the project next Tuesday at the soonest. The first launch will not less than 100 units mainly are 3 rooms units above 1,000 sq ft. Among of them, there are 220 units of 3 rooms splendor houses in building 7 in cover area 1,014 sq ft. To help young people to afford them, developer consider to supply the following payment methods: 85% of the price for first and secondary mortgage, payment during construction period, and cash payment (reduce 5% of the price). This project expect to be flat in took in season 4 next year.
Double Cove in Ma On Shan addition launch 33 units
Double Cove in Lok Wo Sha, Ma On Shan cooperation developed by Henderson and New World etc. addition launch 33 units yesterday which located in building 1, 2, 3 and 5 with cover area from 677 sq ft to 1,295 sq ft. The sale price are HKD 6,521,000 to HKD 13,152,000 and sq ft price from HKD 8,206 to HKD 12,514. It will be on sale this Friday at the soonest.
One West Kowloon will hold road shows in Guangzhou and Shenzhen
Cheung kong (holdings) investment director Huang Si-cong pointed out, One West Kowloon in Lai Chi Kok Road, Cheung Sha Wan hopefully get the sale approval next week and make it be launch the end of this month. The first units be launched are from building 2 " Yue Long Mansion" including sky houses.
The project supply 4 top floor sky houses in cover area between 1,100 sq ft to 1,300 sq ft and connected with balcony. They are in 3 to 4 rooms layout and each sale at HKD 31 million with sq ft price at HKD24,000. It has about 10 groups buyers for purchasing talks until now and some of them intend to buy 2 units at once. There no exclusion that the intention sale price increased if the feedback is good and this project will hold road shows in Guangzhou and Shenzhen the end of October.
OCEAN ONE in Yau Tong which just open at average sq ft price above HKD10,000 last Saturday accumulative received more than 100 inquiries in the past few days, vice-president of developer Lai Sun Development Pan Rui-min expressed, but there no confirm that is on this Friday or this weekend to put on sale the first batch including 52 units.
Mainland buyers make new highest price record in 4 rooms units of The Riverpark
New World's The Riverpark in Sha Tin sold 1 river view mansion which in 4 rooms layout double suites yesterday. The sq ft price is HKD12,546 making the new highest sq ft price record in floor units of the project. The unit located in room A, 45th floor of building 2 with cover area 1,812 sq ft at sale price HKD22,734,000 and took by a Shenzhen buyer.
This project make price markup and addition launch 2 more units yesterday. They are room A in building 2 with cover area of 1,812 sq ft and will make new highest sq ft price record of the floor units if successfully sold. Room A, 40th floor of building 2 which among these 2 units at sale price HKD23,389,000 and sq ft price HKD12,907. The other one which is room A, 43th floor of building 2 sale at HKD 23,919,000 and sq ft price at HKD 13,200.
