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Century Gateway Phase 2 sold 120 units in the first day of sale,Lui Ting of SHKP said the response is enthusiastic and increased 1.55% of the price

Squarefoot Editor  2013-12-18  3 #Tips For Transaction
Hong Kong 's Wen Wei Po News ( Reporter Leung Yuk Cum)Under the situation of hot sale of the new properties free of taxes which means discounted the price,Century Gateway Phase 2 which have received about 4,950 votes have launched out the 120 units on sale at 12:00pm yesterday,Deputy Managing Director of the developer SHKP Lui Ting said,as of 7:00pm last night,all the units have sold out,due to the enthusiastic response,the developer announced increase the price and launch out the extra units,and the price list of the 83 units which launched out last night have shown that the developer have increased 1.55% of the price.The news refer to there are local investors spent about HKD $1.5 ten million bought 3 units,also there are mainland buyers bought the units. Although Century Gateway Phase 2 of SHKP announced the price list of the first batch of 203 units,after discounted,with an average price of HKD $9,718, among the 120 units which are available for sale yesterday,including 8 units of Flat J of tower 6 ( salable area 661feet ) and 112 units of Flat D, G, H and J units pf Tower 8 ( salable area of 379 feet to 813 feet ).The developers provided 2 % discounts for the installment payment,signed the provisional agreement before the end of January next year can also receive a 7.5% discount,and buyers who are not using second mortgage can receive an additional 2% discount,this property can receive a maximum of up to 11.5% discount,the price list show out that the most cheapest unit located in Flat G,8/F,Tower 8, salable area of ​​379 feet and is priced at HKD $4.207800 million,with an average price of HKD $11,102 per sq.feet. The developer have close receiving votes at 12:00pm yesterday,first ballot out four groups of buyers,and there are 300 prospective buyers in the first-round groups,gathered at Kowloon Station World Trade Plaza yesterday morning 10:00am for registration,but the actual time of the ballot was starting at 12:00pm.500 registrations of the second-round group in the 14:30 to 3:30 arrived at the scene for registration and balloting ,as the third round of the three groups of 200 registrations and a total of 3,495 registrations of the fourth rounds,in 19:00 and 8:30 arrived at the scene for registration and balloting respectively.It is reported that there are a buyer who hold the Hong Kong permanent identity card voted with 50 company names,and as a single company is set up fee has reached HKD $350,000. Investors bought 3 units in HKD $1.5 ten million The news refer to the first batch 120 units of Century Gateway Phase 2,the unit of 3-bedroom units sold out the fastest,it have reflected the market still have purchasing power.Midland Realty director and chief operating officer Bu Siu Ming said that there,is a group of local investors have spent about HKD $1.5 ten million to acquire one-bedroom,two-bedroom and three-bedroom units respectively yesterday ,ready for long-term investment,it displayed that the property with quality have no shortage of investors. He believes that relying on the advantages of railway superstructure of the project,together with the developers provided affordable prices,including the sq.ft price of three-bedroom recorded a lower price when compared with the smaller units,which have attracted a lot of buyers to buy the units, Midland Realty 's customers accounted for approximately 70% for home-use,of which there have many buyers of Century Gateway Phase 1 coming back and buy the units,so the the sales have fast -paced,but also reflects the accumulation of large units began to release the purchasing power of the market. Bu Siu Ming said,the units of 3-bedrooms accounted most of the units of the Century Gateway Phase 2,there are a lot of buyers of Century Gateway Phase 1 come to the sale of Century Gateway Phase 2,have entered the votes again.According to the Midland statistics,there are 70% of the buyers belong to home-user,and buyers with company name and mainland buyers accounted less than 10%. EIGHT SOUTH LANE in The Western launched out the extra 30 units In addition, EIGHT SOUTH LANE of the New World which located in the Western of Hong Kong Island launched out a total of 30 units yesterday,mainly located in Flat C and D,of which 20 units on sale this Saturday,after discounted,with and average price of HKD $20,328,the unit which with the cheapest price located in Flat c,Tower 8,after discounted,admission fee of HKD $6.02 million. As for other new properties,The Avenue in WanChai sold three units yesterday.the first-hand residential property sales information network showed Chantilly of Ka Wah development have announced the View Record,involving five amendments,including location map, description and other decoration materials.
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