(By Liang Yueqin)
Citic Pacifi Properties earned the residential site in Lok Wo Sha Lane Ma On Shan by district latest peak sq ft price of HKD 6,502, and total 68 units from Double Cove 1 and 3 in same district were closed immediately yesterday, leading market prediction of mark up, while garden compound apartment room A in building 3 of Double Cove 1 which invited tenders in earlier just sold at HKD 43.13 million with sq ft price at HKD 16,393, both up to the latest peak of the project. Cheung kong's The Beaumount II in Tsueng Kwan and Sun Hung Kai's Ultima I in Ho Man Tin possibly will be launched together within this month, and the former will open sample flat and publish price next week at the soonest, first batch of which will at least be 180 units and only provide three rooms units.
The latter will hopefully finish and upload brochure in 10 days, first batch of which will include some flats in layout of 4 rooms with double suites above 2,000 sq ft.
According to Sales of First-hand Residential Properties Electronic Platform, garden compound apartment room A including two parking lots in building 3 of Double Cove 1 which invited tenders in earlier just sold at HKD 43.13 million, usable area of which is 2,631 sq ft and the garden is 1,042 sq ft, with sq ft price at HKD 16,393, both prices up to the latest peak of the project. While the flats of this project which closed yesterday are 5 from Double Cove 1 and 63 from Double Cove 3.
In fact, besides phase 1 to 3 which are on sale and phase 4 to 5 in pending, Double Cove series developed by Henderson, New World and Peterson is in huge scale, and it supplies totally about 3,500 units, thus latest peak land price may directly affect the pricing of new project in same district.
The Beaumount II will publish price next week; First batch only provides three rooms units.
The Beaumount II in Tsueng Kwan will delay the sample flat open from this weekend until next week, also the pricing will be published next week, since large houses of Hemera in same district which was put on sale in April are hot, plus with The Beaumount II provides pre-emptive and purchase right to customers who registered to Hemera in early time, so the first batch of The Beaumount II will at least be 180 units in layout of three rooms. Some units in The Beaumount II are pointed having super large windowsill, Guo Ziwei responded, windowsill area has not calculated into usable area after the Residential Properties(First-hand) Sales Ordinance implemented, so buyer will snap up bargains, and he described this is candy from developer.
Promotion invents in Shenzhen on weekend increases which will attract customers up to 1,500 groups.
He said, The Beaumount II will increase 10 promotion invents to 15 ones in Shenzhen on this weekend because of the hot respond, and potential buyers will increase from 1,000 groups to 1,500 groups.
