(By Liang Yueqin)
Yesterday, to clear stock, ALTRO in Sai Ying Pun relaunched the last 19 units by adding stamp duty privilege and other discounts, high floor large unit among is cut by 18.5% in disguised form, and the lowest price for unit in 773 sq ft is HKD 22.24 million. In additional, Harbour Pinnacle in Tsim Sha Tsui started purchasing talk from potential buyers yesterday, and some referential prices were disclosed, which are usable area sq ft price from HKD 26,000 for middle floor unit viewing buildings and from about HKD 35,000 for unit viewing sea, with the lowest price at about HKD 12 million.
The lowest price for small unit is HKD 7.61 million.
Real Estate Capital Asia Partners' ALTRO in Second Street Sai Ying Pun relaunched the last 19 units, buyer of 14 units in 5th-25th floor among will gain about 7.5% discount for stamp duty, of which the usable areas are from 385 sq ft to 450 sq ft and the discounted sale prices are from HKD 7.61 million to HKD 10.17 million; Purchaser of the 5 other units above 26th floor will earn 8.5% discount for stamp duty and extra 10% discount, which include 4 room A in usable area of 773 sq ft and 1 compound apartment with terrace in usable area of 1,201 sq ft, and the discounted prices of them are from HKD 22.24 million to HKD 45.61 million.
Market source disclosed, ALTRO rented out two low floor units, room A in usable area of 450 sq ft among was rented at HKD 24,000, with sq ft rent at HKD 53, while room B in usable area of 400 sq ft in same floor also rented at HKD 24,000, with sq ft rent at HKD 60.
Source told sea view unit of Harbour Pinnacle is at sq ft price of HKD 35,000.
Another new project Harbour Pinnacle which is service style residential project in 8 Minden Avenue of Tsim Sha Tsui owned by Lee Shau-kee starts to accept potential buyers' offer. Harbour Pinnacle is renovated at more than HKD 300 million, including its glasses, corridor, floor, air conditioning and so on, and it will be put on sale within this month at the soonest, the sample flat of which will be opened to Henderson club member today while for public tomorrow, expressed by Deng Fengxian, the Sales One Department Vice General Manager of its sale agent Henderson.
Market source pointed, developer starts to accept purchasing talk from potential buyers, and some referential prices were disclosed, which are usable area sq ft price from HKD 26,000 for middle floor unit viewing buildings and from about HKD 35,000 for unit viewing sea, with the lowest price at about HKD 12 million. This service style residence supplies 262 units, including one room to three rooms units in usable areas from 359 sq ft to 689 sq ft, top three layers among are 6 feature units in usable areas from 1,990 sq ft to 1,993 sq ft, some of which are with terrace and platform.
She predicted, the project will announce price and being put on sale within this week, while unit quantity and layout of them in first batch are pending, and it is not exclude that first batch will include multi-styles units, plus with the project is free from the Residential Properties (First-hand Sales) Ordinance, so sale quantity will be elastic. According to the brochure, the management fee is about monthly HKD 2,200 at least, and up to HKD 13,000 at the most.
Application for Mount One exceed 11 times of the quota.
As for the new batch of 22 units of Sun Hung Kai's Mount One in Fanling, source pointed, there were about 270 applications, exceeding 11 times, and this batch include 20 units of room 2D and 2 units of room 1B, which have been grouped by draw lots yesterday afternoon, while the house selection order will be decided by draw lots today. 2 units of room 1A will be put on sale by first arrive first served this 12 am.
Source also pointed, Mount One, the Reach, and The Woodside each sold 1 unit yesterday.