Casa Regalia canceled 80% mortgage

Fan System: demand is not sugar-coated poison

news (reporter Liang Yueqin) has been criticized for a high number of mortgage is sugar-coated poison PHL Executive Director and Chief Operating Officer Fan Tung said yesterday that the group would cancel Shui Kiu, Yuen Long house for its rich project • Bel Air offers up to 80% in press 14th (Zhouri) entered into force. At the same time, the sale will be paid after the first live auction period of six months to 550 days.

Earlier, the HKMA show a high degree of attention to the development to provide a high number of mortgage positive inquiry local and foreign banks active in real estate loans through a special questionnaire, each involving real estate companies the size of the amount of outstanding loans. Fan Tung pointed out that development has always been to provide a high number of mortgage is sugar-coated poison, earlier due to the market need for such high prospective buyers into a number of press was launched, and now feels that the market demand for high mortgages into several small canceled, but will retain the net prices up to 40% in the second press. Instead, after the first live pay turnover period of six months to 550 days for the convenience of buyers have sufficient time to raise money or find on the banks.

After the first payment period extended to 550 days to live

Fan collectively, Regal. Bel newly added 550 days after the first live pay method is temporary prepaid check prices about 5%, 30 days and then pay 5%, to 90 days and then pay 5%, and after every three months to pay 1% of the first 550 transactions a day. The Property has sold seven houses tired, cash $ 168 million, $10,600, the average transaction price per square foot, at present there are three units on the price list, can be on the 14th (Zhouri) from the new payment method.

He also notice that the sale fare to push early next month, the rate of increase under consideration, and it will be considered part of the rental unit; homologues Cheung Sha Wan still tired Sale 146 property, nearly $ 700 million cash, the remaining 11 property on Saturday i.e. field drawing lots selling properties, including five partners for municipalBoard affected residents to purchase units have increase 2-3 percent.

The fastest increase next month to push

He believes that now the mansion and Penny Property prices are being increased, but not V-shaped rebound, but slowly rising, while the floor price rally due to mortgage issues will be blocked.

Since June 21 this year, showed a high degree of attention to the development of the HKMA to provide a high number of mortgage, there have been few new projects by developers canceled a press. Among them, the Hong Kong Cheung Sha Wan Bayshore Ferry sinks in June 21 evening immediately announced the cancellation of 85% and 90% provided by a long solid day on June 21, Yuen Long, has announced the launch of the World universe according to a 123%, and expires on July 3, Cheung on the expiry date is canceled, there is no plan to extend.

In addition, as early as March this year, Sai Wan Kowloon Development Cadogan Hill and Aberdeen Tin Wan Dengfeng. South Bank has canceled plans to provide a first mortgage finance company owned by the developer to the buyer.

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