Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum)Under the situation of the sentiment of the buyers who wanted to change their flat continued to pick up, the second batch of 85 units of GRAND AUSTIN in Austin Station stopped receiving votes yesterday,the news referred to it have received a total of about 2,000 votes, 22.5 times over-registrations,there is a a buyer have entered 10 votes at the same time,the second batch of 170 units of MAYFAIR by the sea in Pak Shek Kok,Tai Po stopped receiving votes today and tired received over 1,400 votes,over 8.2 times the registrations,as for POSITANO in Discovery Bay and Park Signature in Yuen Long launched out the extra units on sale respectively. In addition,the developer Cheung Kong partnership with mReferral Mortgage Brokerage Services,City Point in Tsuen Wan West Station provides property valuation up to 85% (or up to 800 million) of mortgage plans for promotional of 4-bedrooms units.
Cheung Kong Real Estate Investment Director Lau Kai Man said yesterday, City Point tired sold over 1,500 units,cashed in HKD $1.0 hundred billion,of which 55 special units sold 40 units,has sold the most expensive unit price and price feet of Flat A,53/F,Tower 1,with rooftop households,sold with the price of HKD $2.597 ten million,with a salable area of 1,609 feet,with an average sq.ft price of HKD $15,900.
City Point may cut the discounts of units with 2-bedrooms interval
He said that there are more than 200 unsold units of the project, two or three bedrooms units with less than 20,will be adjusted the 15.75 2% discount of 2-bedrooms units,will sell the units with 4-bedrooms interval mainly in the future, so the partnership with mReferral Mortgage Brokerage Services provides property valuation up to 85% (or up to 800 million) mortgage for units with 4-bedrooms interval ,fixed rate for the first three years of 2.3% in the fourth year and 5-year fixed rate of 2.75%, followed by P-1.5%, to project a Unit B, 18th Floor for example, that for the price of HKD $8.492 million,the buyer uses the mortgage,the first phase only HKD $1.2738 million,representing a decrease of the general plan of about HKD $2,218,200 down payment mortgage expenses.
mReferral Mortgage Brokerage Services Senior Executive Vice President Cheung King Hei said that the Government proposes to double the stamp duty relaxed after the first exchange traded floor deadline for flat since last month,second season of this year,the market of changing property improved significantly, according to mReferral Research figures show that the second season as of June 23,the ratio of property prices in terms of division, of which the price ranged from HKD $5.0 million to HKD $1.0 ten million,accounting for the overall mortgage market from 33.4% in the first season,quarterly surged 7.6 percentage points to 41 percent in the second quarter for the first time since records began in 2005, more than 40%, the market demand for flat reflect on the price of the property in earnest.
Another developer, HKR announced price increase and launched out the 14 uints of POSITANO in Discovery Bay last night,all of the units are with 3 bedrooms and 4 bedroom interval and sale in the form of a first-come on this Saturday,the sq.ft price of the salable area of HKD $5,476 to HKD $23,349,the price of HKD $2.2038 ten million to HKD $4.1048 ten million,compared with the earlier launch of the units,with a slight price increase.The buyers who bought theses additional units can still enjoy eligible buyers stamp duty discounts or special discount of 15% ad valorem subsidy and stamp duty of 3.75% or 4.25%.POSITANO in Discovery Bay has so far launched out 76 units on sale.
POSITANO in Discovery Bay have cashed in over HKD $1.0 ten billion in two weeks
General Manager of HKR International Sales and Marketing Shi Mo Lan said that, POSITANO in Discovery Bay on sale since June 8,has sold 43 units in just two weeks,with the total cash if HKD $1.05 ten billion.
In addition,Park Signature which developed by the New World in Yuen Long have announced to launch out 6 units of flat 9K on sale last night,involving 11/F to 15/F, 23/F to 26/F,with a salable area of 772 feet,all of the units are with a three-bedroom suites intervals,priced from HKD $7.004 million to HKD $7.262 million, the sq.ft price of HKD $9,073 to HKD $9,407,will be on sale in form of first-come on this Saturday.This property project sold 58 units since it was on sale on June,cashed in of more than HKD $3.4 billion.
Market sources,MAYFAIR by the sea Phase 1 which developed by Sino Land in Pak Shek Kok,Tai Po sold 3 units yesterday,including a unit located in Flat B,9/F,Tower 2,with 1,692 feet of usable area,discounted price of HKD $2.82713 ten million,with an average sq.ft price of HKD $16,709.
