2024-04-29 Squarefoot Editor
(Leung Yuet-kam, Choi King-man) At least four new developments involving 203 units will hit the market this Saturday. Developed by Sino Land, K. Wah, China Merchants Land and the MTR, Villa Garda III in Lohas Park, Tseung Kwan O has received more than 1,550 cheques. Sino Land executive director Victor Tin Sio-un said that the development’s first round of sales of 138 units will be launched on Saturday, at a discounted average price per square foot of HK$16,308, and discounted prices of HK$5.77 million to HK$12.28 million.
138 Villa Garda III units sold on Saturday
With its first sales round to close this Friday, more than 80% of the Villa Garda III units sold were two-bedroom flats. The lowest-priced unit was that of a one-bedroom unit on the 10th floor of Block 3A, measuring 340 square feet in size, which sold at a discounted price of HK$5.77 million and a discounted price of HK$16,962. According to the developer China Merchants Land, 70% of cheques selected two-bedroom units.
The Coast Line II two-bedroom duplex unit to start at HK$7.98 million
In other news, CK Asset’s The Coast Line II development in Yau Tong launched its remaining 32 units for sale yesterday. The units comprised 28 duplexes and 4 upper-floor special units. The developer will launch 35 units – including three forfeited units – will be launched this Saturday. Cheque collection started at 4pm yesterday and will be closed this Friday.
The 28 duplexes are two-bedroom units ranging from 501 to 523 square feet in size. Deducting the maximum 18% discount, discounted prices range from HK$7.98 million to HK$8.98 million respectively, between HK$15,616 and HK$17,573 per square foot.
Like 14
| Property Type | Price | Ads Period |
|---|---|---|
| For Sale Property | ||
Normal Listing Typical One | HKD:1000 (or Hsemoney:1000) | Valid:90 Days |
Golden Top Listing Higher position than Normal listing 2-3times better performance | HKD: 3000 (or Hsemoney:3000) | Valid: 60 Days |
| Rental Property | ||
Normal Listing Typical One | HKD:1000 (or Hsemoney:1000) | Valid:80 Days |
Golden Top Listing Higher position than Normal listing 2-3times better performance | HKD: 3000 (or Hsemoney:3000) | Valid: 60 Days |