The Opulence in Kowloon City speeded up the sales,The Green have discount if advance the transactions
Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum) HKMA to tighten th LTV which cause the property tradings plunge, a veteran developer's Jie Wei Hau Wong Road, Kowloon City, The Opulence unsold units with big chop price of about 18-24%. In addition, The Green in Fan Ling which developed by Chinese oversea join advance transaction offers discount.
According to yesterday's announcement of a new price list shows 9 unsold units of The Opulence,of which eight units have reduced the prices,of which the unit located in 29/F with the price of HKD $2.5213 ten million reduced to HKD $1.9213 ten million,with a large split price of nearly 24%. The original single ad valorem stamp duty concessions, the price of an additional 5% discount, discount furniture cancellation of HKD $150,000.Developers at the end of March last year,re-launch the unsold units came to 17% during the ultra-high commission promotions, but the transaction has not yet been recorded.
As the HKMA re-tighten for LTV, and providing a "add spicy" for the second mortgages of two finance companies.Kerry Development executive director Chu Yip Pu said yesterday, the series moves by the HKMA to crack down on the edge of buyers, because they need to contribute more than 10 percent extra, so cash-strapped buyers harder to buy the property,but it is believed that the HKMA main aim Bank the healthy development of the system, fearing excessive borrowing bust.
Dragons Range have no plan to launch out the extra sale
Kerry Porperties Development executive director Chu Yip Pu said the same day, the tightening of mortgage by the HKMA has little effect on Dragons Range in Sha Tin, the new measures aimed at HKD $7 million the following property, according to the government last night and then cut two contributions income ratio, based on past experience The disc buyers are strong, according to the needs of the two is less than 10% believe that the buyer has little effect on the disk, no intention to adjust the current sales deployment and concessions. He said there are about 360 unsold units of Drangons Range (including 100 units which will be on sale this Saturday), worth about HKD $6.0 ten billion.
Kerry Properties agent market planning director Wu Mei Shan pointed out,the extra 100 units of Dragons Range which out up for sale recently, 12 units are special units with garden.She also said Saturday on sale 100 units, market capitalization of about HKD $1.3 ten billion, flat inspection amount of satisfaction and the recent vote, no intention to launch out the extra sale.
AS for the other new proeprties,China's overseas Kwu Tung South Kam Road 338 The Green modified price list yesterday, ahead of the new deal offers, such as the buyer within 90 days after the date of the signing of the provisional sale and purchase agreement in advance can enjoy 2% transaction prices discount, while 91-120 days then 1% share price discounts.
108 units of La Lumiere recorded 7.8 times over-registrations
Another developer, Cheung Kong yesterday announced the first 2 batch 108 units of La Lumiere in Lee Kung Street, Hung Hom,will put up for sale on Saturday by drawing lots, the same buyers can buy a maximum of two units,the news pointed out that, as of last night, the residential project has received approximately 900 votes, over 7.3 times registrations. This grant price of a single listed unit price from HKD $6,824,000 to HKD $8,977,000 ,with the salable area of 15,870 to 20,877 price per square foot; with the selection of "120 days of cash or instant mortgage payment" program, with a total discount of up to one-price selling price listed 15% of the contract price of the lowest unit of the 3rd floor of B units, after deducting all the discounts, price per square foot salable area of HKD $13,488,the contract price of only HKD $5.8 million.
315 units of CityGate in Tung Chung which developed by Nan Fung Group which will also put up for sale this Saturday,each registration only buy one unit,the news pointed out that has accumulated revenue by about 300 votes, close to full.
As for the other transactions,MOUNT PARKER RESIDENCES in Quarry Bay which developed by the Swire Properties sold a unit located in Flat E,16/F with the price of HKD $4.808 ten million.
