Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum) As the developers wanted to speed up the sale,SHKP announced the first price list of the 203 units which located in Century Gateway Phase 2 yesterday,with an average price of HKD $10,738 per sq.ft,after the 2% discount of installment payment and reduced the 7.5% discount of signing the Provisional Sale and Purchase Agreement before the end of January,with an average price of HKD $9,718 per sq.ft,as a one-bedroom unit with salable area of 379 sq.ft. for example,after discounted,priced at HKD $3.92 million,the price was recorded 11% to 20% lower than the second-hand price of Century Gateway Phase 1 of about HKD $11,000 to $12,000 per sq.ft.
Century Gateway Phase 2 receive the votes yesterday afternoon,and each person can enter up to three votes,the news refer to they have received a total of 300 votes in the first day,47% over-registrations.This batch of units will be launched as soon as the early of next week.Green code in Fan Ling and Park-Metropolitan in Kwun Tong will launch out the extra units on sale this week in order to attract buyers.
Do not need second mortgage and provided discounts up to 11.5%
In fact,if the installment payment without second mortgage can get an extra 2% discount,and this property can receive up to 11.5% discounts,and the one-bedroom unit with 379 feet priced at HKD $3.834 million.As for the buyers who have chosen the payment of construction period,if they completed the transaction within 100 days,can receive 4% discount,coupled with the 7.5% of the home buyers concessions,buyers can received the maximum of 11.5% discount at the same time.
Deputy Managing Director of SHKP Lui Ting said,the price of first batch 203 units of Century Gateway Phase 2 which recorded HKD $9,718 per sq.ft is a 'joy rice',because the buyers can buy a property which just up on the Railway Station in feet price of lower than HKD $10,000,He said,this price without accounted the discount is similar to the price of Century Gateway Phase 1,and there are a number of buyers can't buy 3-bedroom and 4-bedroom unit in the sale of Century Gateway Phase 1,so the price list of this batch units in Century Gateway Phase 2 will provide a lot of 3-bedroom and 4-bedroom unit,accounted for about half of the sale.
Lui Ting pointed out that there are a few of new properties on sale in the second and third season this year,and there are more new properties on sale in the forth season and the market still have a lot of purchasing power,so it is believed that there area number of developers will keep on launching the new property sale,and the sale will still ideal.
Open the demonstration units today and will be launched on sale next week
SHKP Acting Assistant General Manager Wu Chi Yuen said,the group will open the demonstration units for the public to visit today,and hoping to launch out the sale next week,if this batch of units are all sold out,can cashed in about HKD $1.3 ten billion to $1.4 ten billion.According to the price list shown,this batch of units with a salable area from 379 to 813 feet,as calculated by installment payment without discount the second mortgage discount(which means 9.5% discounted price),priced from HKD $3.92 million to HKD $8.3755 million,if calculated by the maximum discount of 11.5%,priced from HKD $3.834 million to HKD $8.19 million.As forth Flat J,Tower 8,with a salable area of 813 feet can get subscription of the parking space right,and each parking space priced at HKD $1.6 million.
According to Land Registry data,Century Gateway Phase 1 have recorded second-hand registrations in November and December,in fact,with Area price of HKD $11,823 and HKD $12,742 per sq.ft respectively.
Park-Metropolitan will launch out the extra sale and The Avenue Phase 1 will be on sale next year
As for The Avenue which is hot sale recently,the news refer to the property sold 3 units yesterday.Sino Land Sales Associate Director Tin Siu Yuen said yesterday,the group is preparing the sale broche of The Avenue Phase 1 and it is expected to launch out the sale next year.Park-Metropolitan launched out the extra 30 units last night,with an average price of HKD $16,760 per sq.ft,and will be on sale this Sunday.He said The Avenue have tired sold 836 units,cashed in about HKD $8.0 ten billion,coupled with Park-Metropolitan and The Graces •Providence Bay,the group have cashed in HKD $1.10 hundred billion.
Morrison in Fan Ling will launch out the extra 26 uniuts this Saturday
In addition,the primary residential sales network show,the price list of SHOUSON PEAK of Sino Land which located in Hong Kong Island added that the house of No.9 and No.11D can receive all the existing furniture yesterday.Morrison of Hong Kong Ferry which located in in Fan Ling launched the extra 34 units on sale,with an average price of HKD $12,600 per sq.ft,the price list show out that the salable area of the units from 446 feet to 1,306 feet,pricing ranging from HKD $4.564 million to HKD $1.7522 ten million,and will launch out the 26 units of the third price list on sale in form of first-come this Saturday,and this property also recorded a transaction which located in Flat C,33/F,Tower 3,priced at HKD $4.73854 million.Shatin Regal launched out the price list of one unit which located in 2/F of Tower 10 with rooftop,priced at HKD $5.98 million,790 feet of salable area,with HKD $7,569 per sq.feet,the developers will sell the two units in form of first-come next week.
As for Riverpark of the New World which located in Sha Tin resale the unit of Flat A,45/F,Tower 3,priced at HKD $1.784 ten million(with a parking space),the project leaving only 14 special units for sale.Fellow EIGHT SOUTH LANE in the Western sold a unit.
