Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum) Began in September,four new residential projects in the west of Hong Island have broke out the battle over buyers.Wheelock Properties KENSINGTON HILL in Sai Ying Pun and Chinese Estates Kennedy Lane Heights south will offer at the same time tomorrow. Wheelock Properties managing director Wong Kong Yiu said yesterday, KENSINGTON HILL first units of not less than 30 units,the price will make reference to neighboring The Summa,the recent price range of standard uniuts of The Summa of over HKD $25,000 per sq.ft,the price per square foot for individual units which located in higher floor of more than HKD $30,000 per sq.ft.The Hudson in Kennedy Town which privately held by major shareholder Lee Shau-kee of Henderson Land announced last night and launched out the extra 36 units for sale,most of the units with slight increase of 1-3%,as for EIGHT SOUTH LANE in Kennedy Town which developed by the New World yesterday also announced to launch extra 30 units with one-bedroom and an open-room of sale,two residential project will be on sale on this Friday.
KH in Sai Ying Pun will open the demonstration units tomorrow
Wong Kong Yiu said yesterday,the demonstration units of KENSINGTON HILL in Sai Ying Pun located in Admiralty Gallery will be open to the public to visit from tomorrow, the opportunity to offer announced, the first launch no less than 30 units, this estate offers 75 units,the main two room and three room units,with the salable area of 532 feet to 2,277 feet, including nine characteristics units, such as the three platforms households, two senior households, and two top floor penthouse with roof households, expected in December 2016 occupation, management fees for the salable area of more than HKD $5 per sq.foot. This residential project is also included 18 parking spaces, plans will be sold.
For the recent first-hand properties performance, he pointed out, just last weekend, four located in various districts of the new residential projects rushed sold out,reflecting market conditions quite buoyant. He believes that more new properties on sale in the same period, due to the different units, it would not constitute competition.
One South Lane will have offer tomorrow as the fastest time
Sources said Chinese Estates One South Lane in WEstern District will open the demonstration units which located in Windsor to the public to visit,have offer tomorrow as the the fastest time,a flat selection next week,this residential project with a total of 92 units,the units with 1-bedroom and open interval mainly,the standard unit of salable area of 210 feet to 268 feet,characteristics and connected units with the area of 468 feet to 480 feet.
The Hudson in Western District which privately held by the major shareholder Lee Shau-kee of Henderson Land privately have announced a second price list with a total of 32 units last night,along with debut single in four gang price totaling 36 units,will be up for sale this Friday,most of the units with the price slight increase of 1-3 percent. Meanwhile, the New World in Kennedy Town EIGHT SOUTH LANE yesterday also announced to be launched extra 30 units which with 1-bedroom and open interval for sale , priced from HKD $6.773 million to HKD $8.196 million,the price per square foot from HKD $22,134 to HKD $26,01 ,including first introduced Flat E units with open interval,with the salable area of 306 feet, priced from HKD $6.773 million to HKD $7.26 million,the price per square foot of HKD $22,134 to HKD $23,748, the developer offers up to 13% discount and 70% ad valorem stamp duty rebate.
Mont Vert Phase 1 in Tai Po have increased the tax allowance
As for the other new residential projects,Cheung Kong investment director Lau Kai Man said yesterday,Mont Vert Phase 2 in Tai Po are in the pipeline,will announce the details of the September. Cheung Kong senior sales manager Ho Ka Yan yesterday said that as a major buyer of Mont Vert Phase 1 are mainly buyers who wanted to change their flat,yesterday revised price lists preferential terms,from stamp duty allowance price rose from 3.75% to 7.5%, together with that for 5% discount and Property upgrade Offer 2%, up to 14.5% discount. Statistics show that the earlier the highest offer 15% discount compared to the biggest discounts this discount decreased by 0.5%. Cheung Kong sales manager Yeung Kao Ling pointed out yesterday,Mont Vert Phase 1 in Tai Po sold 700 units so far,cashed in of about HKD $4.16 ten billion.
Hang Lung Properties also announced to put the remaining 52 units of The Harbourside in Kowloon Station up for sale last night,all the units with Hong Kong harbor views,with the salable area of 815 feet to 1,135 feet,with an average price of about HKD $25,740 to HKD $31,690,the buyers will receive 15% to 19% discount from the price of stamp duty and stamp duty of 50% buyer cash rebate, this batch of units will have balloting priority in flat on Friday and will put up for sale this Saturday.
Market sources,Park Metropolitan in Kwun Tong which was the residential project which developed by Sino Land in coooperation with the URA sold a unit yesterday,the unit was located in Flat C,33/F,with the salable area of 843 feet, the discounted price of HKD $1.39615 ten million,the price per square foot of HKD $ 16,562.
