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Stanford Residences Will Announce Prices Soon With The First Batch Has More Than 80 Units.

Squarefoot Editor  2019-03-09  3.2K #Tips For Transaction
(By Li Zhitian, Liang Yueqin) After the Spring Festival, developers compete to launch properties suitable for the first housing people. Ma Tau Kok Stanford Residences developed by New World and Urban Renewal Authority (URA) planed to offer prices in these couple days, with the first batch at least 80 units, which will be put on sale next week at the soonest. On the other hand, the application for the first batch of 246 units from Henderson's Hung Hom The Vantage closed yesterday. Source pointed, 2,198 applications had been collected exceeding about 8 times, and these units will be put on sale since today. The prices of Ma Tau Kok Stanford Residences will refer to URA projects in the same district, which is attractive surprise price that will be announced in couple days at the soonest, and the first batch estimated not less than 80 units (20% of the total) including one room and two rooms units, also the No. 2 price list may be additional launched in short term according to the market reaction, the sales and marketing department director of New World, Huang Haoxian expressed. The project will immediately collects applications after pricing, and put on sale the units next week at the soonest, also will additional launched more as soon as possible, Huang Haoxian added. Huang Haoxian believed each project has its own customer source in each district, so it is predicted there will not be competition, when was asked if there will be competition with the latest project The Vantage in nearby district. The management fee for each sq ft of this project is about HKD 5. Stanford Residences opened the unmodified demonstration unit to media for the first time yesterday. This unit was built according to Room A2 on the 18th floor, which is one room unit in usable area of 299 sq ft set with open style kitchen, and the hall connected with 23 sq ft terrace, with the sleeping room in design of sliding door, also it has a work platform of 18 sq ft. The whole house is dominated by wood grain, and its open style kitchen offers a range of branded appliances, while the hall's featured TV cabinets are also included in the hand over standard houses. Smart door lock using mobile App switch. One of the features of the unit is that the door is equipped with a smart door lock called Artislock. The residents can use the key, fingerprint scanning and exclusive mobile App to open the door. They can also send the smart key to other friends and relatives through the mobile phone in a configurable period, and this technology has been patented and is still subject to approval by the relevant authorities. Ma Tau Kok Stanford Residences is located at Kowloon City Road #68. It is a single building having a total of 294 units, including 252 units in one room and 42 units in two rooms, with usable areas from 283 to 386 sq ft. The residents club Club Garden is located on the 6th floor and the sky garden Social Square is located on the 7th floor. The total area of club and sky garden is about 7,000 sq ft, including banquet hall, meeting room, reading room and fitness room, and the base has more than 20,000 sq ft of commercial floors. The key date of the project is March 31, 2021. Repulse Bay Road No. 108 uploaded brochure yesterday. In addition, TAI CHEUNG HOLD’s luxury project Repulse Bay Road No. 108 uploaded the sales brochure yesterday, which provides 8 villas, with the smallest one No. H villa in 4,963 sq ft and the largest one No. A villa in 8,694 sq ft. Villa A to E have private gardens in areas from 523 sq ft to 870 sq ft. Wheelock’s MONTEREY in Tseung Kwan O sold 2 villas again yesterday, taking in HKD 117 million; No.3 villa among in usable area of 2,001 sq ft joining with garden in 745 sq ft was at HKD 66.033 million with the sq ft price high up to HKD 33,000.
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