Century Gateway offered 84 flats ranging from HKD 4.58-6.09 million
Article from For the coming Mid-Autumn festival and national long holiday, there are 8 housing estates release more than 582 flats and offer more discounts to attract the general public. It includes Tuen Mun Century Gateway, Causeway Bay Park Haven and Shatin The Riverpark. In particular for Park Haven and Le Chateau, it offers a gift of great dinner prepared by famous chef. Midland Realty provides buses daily between Shenzhen and HongKong to receive more people from mainland China to consider 1st hand new flats. It is expected 30 to 40 groups will come. Buyers will have a chance to win 4 tickets in 2 big theme parks in Hong Kong.
Lui Ting, the deputy director and general manager of Sun Hung Kai Properties revealed yesterday that Century Gateway has released an extra 84 flats with an average price of HKD 8,148 per square feet. Flats are distributed in B, D and E flats in tower 2 and 3. The areas are ranging from 626 to 635 square feet with the price ranging from HKD 4.582 to 6.096 million. There is one flat which is flat H in tower 3 with an area of 1,128 square feet and price from HKD 8.482 per square feet. The flats will be available on Sunday and is estimated to cash in HKD 450 million. This batch of flats and and the last batch of 90 3-room flats will be available for sale in “golden week”. There is an accumulated 350 flats sold out and cash in HKD 3 billion. Wu ZiYuan, the agent manager or Sun Hung Kai Properties reveals that the flats selling from now on will have a raise of price around 2 to 3%.
26 flats in Le Chateau have been reserved and cash in HKD 1 billion
Operation manager of Cheung Kong Properties Feng HaiLun reveals that there is a reservation of 26 flats in Le Chateau with average price of HKD 18,000 per square feet and cash in HKD 1 billion. The highest transaction price of the flat is flat A on ground floor with an average price of HKD 21,000 per square feet. 80% are home users and 20% are investors. There is a release of last batch of 5 flats, 2 with roofs and 3 is complex house. The average price is around HKD 18,000 to 20,000 per square feet with market price around HKD 200 million. Information source indicates that there is another reservation of flat which is H flat on the 7th floor with the price HKD 40 million and an average price of HKD 19,000 per square feet. She also indicates that the kitchen of this project uses the brand Bauknecht from Germany, which worths HKD 500,000 per flat. The first 8 buyers will have a great dinner prepared by German Chef which worth HKD 20,000.
Park Haven releases 8 more flats with price raised 3 to 5%
On the other hand, Kennedy Park at Central by Cheung Kong Properties has sold out flat A on 18th floor in HKD 84 million. The area is 2,478 square feet and with an average price 33,900 per square feet.
Executive director of Soundwill Chan WeiLing reveals that Park Haven in Causeway Bay has raised up the price around 3 to 5% and released an extra 8 flats with area ranging from 526 to 838 square feet. The average price is HKD 19,500 per square feet and the price is from HKD 10.042 to 16.693 million and has the earliest available date of Sunday. The first 5 buyers will be offered a Michelin French dinner worth HKD 28,000. She claims that there were 37 flats sold from last Sunday and the average price is HKD 21,000 per square feet and cash in HKD 480 million. 30% of buyers are from mainland China. The plan estimates to offer 8 garden flats with the biggest garden of 1,000 square feet.
The Riverpark release 5 flats and Gardenia has a 90% selling rate
New World Development released 5 flats yesterday with an average price HKD 9,367 per square feet. All of the flats are flat C in tower 3 from 16th to 20th floor and has an area 1,847 square feet.
And for One Wanchai developed by Chinese Estate group there are 5 more transactions. It includes a very high floor-level open flat with an area of 416 square feet and it is sold at an average price of HKD 19,500 per square feet. For this week there is 4 consecutive transactions of flats which have an area of 1,193 square feet ranging with the average price of HKD 17,500 to 19,800 per square feet.
Yeung ChongWing, the general manager of marketing and sales department of Kowloon Development Company Ltd reveals that Gardenia in Shum Shui Po has sold out 190 flats, with a 90% selling rate. The average price is HKD 9,700 per square feet and is estimated to get the occupation permit in the next quarter to sell the remaining flats. However, the price my increase 5 to 10%. On the other hand, Gardenia will offer Tax discounts and decorations with AV system to the first 5 buyers (stated flats) which worth more than HKD 2million.
