The ADD1+1ON had sold nearly 80% that night; A rich spent HKD 470 million to buy 2 villas in Mont Rouge.
(By Li Zhitian, Liang Yueqin)
Hong Kong stocks stabilized at 30,000 points, driving small and medium-sized new residential houses also new luxury properties to continue hot. Starter homes The ADD1+1ON in Cheung Sha Wan which has collected about 648 applications, put on sale the first round of 100 houses last night, source pointed, at least 77 units were sold all night. Mont Rouge in Long Ju road, Beacon Hill firstly recorded transaction of villa. One group buyer spent HKD 470 million to buy No.3 and No.5 villas, with both sq ft prices are HKD 82,572, which are the latest highest sq ft prices in Shek Kip Mei.
At the slightly higher than the market price, the first batch of 100 houses from The ADD1+1ON in Cheung Sha Wan were put on sale last night. Henderson Land arranged A group for large quantities purchasers and B group for individual buyers to select houses. The reporter saw at the ground floor of Miramar Plaza in Tsim Sha Tsui at 5 pm yesterday that, in the evening, there were prospective buyers to register in succession and many buyers waiting for the draw lots in the sales office. Source pointed, there were totally about 110 groups of guests in A and B groups. Among them, a lot of young people and couples came to pick up the houses, and there were many agents promoting it to passers-by.
Two-bedroom houses in the first batch were all selected.
Until 9:20 pm last night, about 77 units of The ADD1+1ON had been chose, all two-bedroom houses among were selected, the proxy sale department (1) general manager of Henderson, Lin Damin expressed.
This batch houses in areas from 220 sq ft to 479 sq ft are at discounted prices from HKD 4.425 million to HKD 9.309 million after deducting the highest 8% discount, and the discounted average sq ft price is HKD 21,055.
All agents of The ADD1+1ON recorded large transactions.
Buyer attendance of the company is 80%, half among from Kowloon while 40% and 10% are from New Territories and Hong Kong Island respectively, the Asia Pacific vice chairman and president of the residential department of Centaline Property, Chen Yongjie expressed. And this company had large customer spent HKD 12 million to buy 2 one-bedroom houses for own use.
He pointed out that the atmosphere of the property market has been well established in recent days. The ADD1+1ON mainly includes small and medium-sized flats, which are lead by users, and developer provide high- percentage of mortgages to attract young first housing people. He also pointed out that investors accounted for about 30% of the total, because there are open-style houses and the rental returns is attractive.
There were three groups of large customers, one among spent nearly HKD 11 million to buy 2 one-bedroom houses, the chief executive officer of residential department of Midland, Bu Shaoming said. Driven by the sentiment of the trading atmosphere, he estimated that the property price increase in this quarter outperformed the previous quarter, and there will be a 3% increase in April and an increase of 8% in the whole season.
In addition to the hot sales of small and medium-sized houses, luxury homes are also popular. Kerry's Mont Rouge in Longju Road No. 9, Beacon Hill firstly launched two villas for bidding on last Tuesday which was closed on last Saturday, and finally confirmed yesterday that one group buyer bought these No.3 and No.5 villas at totally HKD 470 million.
Mont Rouge’s sq ft price of HKD 82,500 is the peak in Shek Kip Mei.
According to the transaction record book, these two villas have the same area of 2,846 sq ft, each joins garden in area of 1,000 sq ft, and the transaction prices all are HKD 235 million with each sq ft price at HKD 82,572, the new high in Shek Kip Mei, but it fails to break the highest sq ft price record of HKD 98,000 from the villa of Ultima in Ho Man Tin, Kowloon made last year.
According to the payment terms, the buyer has paid 5% of the property price, and the remaining 95% will be paid on or before May 21, besides the purchaser enjoys 2% of cash rebate. If the 2% rebate is deducted, the actual transaction price of each villa is about HKD 230 million, with sq ft price at HKD 80,920.
LOHAS Park phase 7 was named MONTARA.
In addition, source pointed out that LOHAS Park phase 7 developed by Wheelock and MTR was named MONTARA. The project was developed in two phases, including 1,120 houses mainly are two-bedroom and three-bedroom layouts. Among them, the phase 7A providing 616 houses has the opportunity to be approved for sale within the month, and will be put on sale in this month at the soonest. The developer recently said that the project will be sold in price list term, with pricing reference to MALIBU of the same series in the same district and other new projects’ prices in the same district.
1% special discount for LP6 will be canceled next week.
Before the sale of the MONTARA, LOHAS Park LP6 developed by Nanfeng and the MTR revised the price list yesterday, setting the special 1% discount period introduced last year to next Monday (15th). In other words, this project will increase its price by 1% in disguise from next Tuesday. This project has sold about 592 houses since this year under the good market trend, and has sold 2,144 units since the sales started in last September, accounting for about 90% of the total number, while there are 248 units pending for sales.
