Hong Kong's Wen Wei Po (Reporter Ngan Lun Lok)The long Easter holidays has always been for the war of grabbing buyers between the new property sales,there are a several of new properties have new sale arrangement in this holiday,offer 20% discount of the prices as an attraction,which becoming the focus of the property market successfully.4-days Easter holidays altogether recorded approximately 147 first-hand new property transactions,which have recorded an increase of nearly 30% since 2011 after three years.Side of the car , the second-hand property trading also occurred 'resurrection' of the phenomenon,as the owners are willing to discount the prices,also booming the sales of second-hand property market,where the two leading agents of the Centaline and the Midland Realty in the 4-days holiday have recorded 36 and 42 transactions respectively,compared to last year were increased nearly 90 % and 75% respectively.Industry analysts refer to,although Hong kong people travel more during the Easter holiday,but the property tradings are still quite well,as long as the property prices fall reflect the market had to undertake,market could continue in the future also depends on the momentum of first and second-hand property owners discounted pricing disc attitude.
The developers after quiet for almost half of the year,the pace of launching the property sales was significantly accelerated this year,although there are no new real estate has recently started selling on the market,but there are still a large number of unsold units of the new properties launched out on sale over the Easter Holiday together,also continue to free of taxes and with '20% off discount' in order to attract the buyers,'propped up' the tradings during the Easter holiday.Newspaper comprehensive market information,during the four -days holiday period,the market have recorded a total of 147 transactions, compared to 114 transactions which last year,rose 28.95%. during the Easter holiday.(See the new property sale offers another version).
Of which Mount One on FanLing of SHKP,The Woodside in Yuen Long of The New World,Chatham Gate in Hung Hom which is the project in cooperation of the New World and ShunTak were the most active,the three property sales have sold a total of 116 units during the holidays successfully,accounting for 78.9 % of the first-hand property tradings of the entire holiday.
In view of the new property sales were active,SHKP will 'strike while the iron while it is hot' deputy managing director of SHKP Lui Ting said that,Mount One have launched out 24 units the day before.According to the price list,including 20 2D units with three-bedrooms interval,with an area of 594 feet,also with 4 41 A units with 4 bedrooms interval,an area 1,226 feet,in total selling price from price from HKD $5,967,000 to HKD $13,346,000,the sq.ft price from the HKD $4 10,047 to HKD $11,152.Of which 2D units were up for sale for the first time,the prices of 1A units have increased by 2% of the prices.
The tradings were driven by home-use buyers,which have increased by only 2% of the prices
The developers have announced the sale of these units arrangements yesterday,of which two units of 1A,20 units of 2D,2 units of 1B will be arranged to be on sale on this Friday,then the remaining two units of 1A will find another time to sell.It is understood that the developer will arrange the day before at 12:00 on a first -come open to sell the two units of 1A,14:00 and then by drawing lots,sale of the remaining 20 units of 2D and two units of 1B.
Lui Ting yesterday said that Mount One have put up for sale less than a week,has sold a total of 87 units so far,representing over 90% of units put up for sale.Acting Assistant General Manager of SHKP Wu Chi Yuen said that the units which sold out are mainly included three bedrooms and four-bedroom units , the project has cashed in of more than HKD $7.0 billion,the buyers are mainly for home-use,Wu Chi Yuen also said that the 24 units which have launched out the sale the day before were mostly sell with the original prices,there are only a few number of four-bedroom units (1A room) have a slight increase of about 2% of prices.
As for some of the units have the adjustment of the amount of free of taxes,Wu Chi Yuen explained than mainly due to the prices of the unit should make a distinction,in fact,there is no difference with the tax rebate of 30% off.Lui Ting stressed that the group will continue to 'launch out the property sales for every month',Tsing Lung Tau,Tsuen Wan Hai Takimoto Perot will be launched next month, Mount Kellett project 'Twelve Peaks' on sale on June 12 and in the third season of this year launched out the sale of TKO 'The Wings III'.
The Woodside and Mount One sold over 40 units respectively
In addition,The Woodside in Yuen Long have put all the residential units of the project on sale last Friday,involving 60 units,has now sold more than 40 units so far and the cumulative four days holiday,sold a total of 46 units,which is the largest new vacation deal property,it is understood that the property sold 76 units so far,accounting for 84% of the salable units.Mount One is ranked second, also sold 43 units.As for the Chatham Gate which is the project in cooperation with the New World and Shek Dak,also put up 34 units for sale during the holidays and sold 27 units.The Long Beach of Hang Long in Ti Kok Tsui have started selling a new batch of 19 units with three-bedrooms interval,which have recorded 4 transactions during the holiday.
