squarefoot 5平方 Logo

Century Link whole block was sold at HKD 55.1 million.

Squarefoot Editor  2015-08-14  1.3K #Tips For Transaction
Kong Wen Wei Po News (By Leong Yuet Kam) As the sales beginning of Sun Hung Kai Century Link II in Tung Chung, Century Link's whole residential block 2 including 5 units was sold at HKD 55.1 million yesterday, being the latest peak single transaction price in Tung Chung. Henderson High Park in Cheung Sha Wan increased prices of some units yesterday, among 35th top floor feature unit join with terrace is HKD 35.55 million after mark up of 4%, leading usable area sq ft price up to HKD 27,515 which challenges the latest highest record in same district, and same series Double Cove Grandview in Ma On Shan plans to additional launch houses in these couple days. One buyer spent HKD 55.1 million to buy Century Link residential block 2 including room A and B in 1st floor and ground room A, B and C, which is in total usable area of 3,223 sq ft with sq ft price at HKD 17 thousand, and it is the highest single transaction price in Tung Chung, according to Century Link transaction register book. Market source spreads it was sold under negotiation, while under the Residential Properties(First-hand) Sales Ordinance if it needs to publish sales arrangement in advance? According to the Residential Properties (First-hand Sales) Ordinance, seller sell all residences belonged to some whole building of the project by one single temporary buy and sale contract or one single buy and sale contract to same one or same one company, then the terms related to property sale brochure, price list, sale arrangement and temporary buy and sale contract or one single buy and sale contract are not apply, Sales of First-hand Residential Properties Authority spokesman responded. But what need to be pay attention to is, the buyer has to follow the regulations of selling first hand residential property when he partially put on sale this building in future. Double Cove Grandview will additional launch houses in couple days at the soonest. Double Cove Grandview started registration since the day before yesterday, reaction of which is ideal, and they will additional launch more these couple days at the soonest, then at next Friday night when will the project open all launched units will be put on sale, besides price of additional launched units may be increased. Same series Shau Kei Wan Parker has collected over quota registration, and may additional launch more tomorrow, also there may be mark up, he disclosed. Source pointed, Parker had collected about 484 registrations until last night exceeding 5.5 times than quota. Price of High Park terrace feature unit is increased by 4%. In addition, High Park just updates price list to increase prices of some units, top 35th floor terrace feature unit room A in usable area of 1,292 sq ft is increased from HKD 34.183 million to HKD 35.55 million, mark up of about 4%, and the usable area sq ft price is increased from HKD 26,457 to HKD 27,515, challenging the latest peak record in same district, according to data from Sales of First-hand Residential Properties Electronic Platform (“SRPE”). 12 additional launched units will be put on sale next week together. Tai Tam Redhill Peninsula developed by Chinachem and so on will put on sale room A in 1st floor block 3 and room A 1st floor in block 6 next week. The Woodside villa will be put on sale next week after draw lots. New World low density residential project The Woodside in Yuen Long has sold out its floor style units, and they put on sale two garden villas H8 and H9 yesterday, usable areas of which are 1,621sq ft and 2,030 sq ft joining with garden, terrace and double parking spots, then in next Monday morning the sale will start by draw lots, besides more than 40 groups potential buyers have visited in two days since the villa opened. Swire Properties Arezzo in Midlevels West put on sale room A and B in 49th floor by bidding during 17th-24th August, and guide prices of these two feature units are respectively HKD 82 million and HKD 65 million, sq ft prices of which are respectively HKD 46,223 and HKD 45,742 base on usable areas of 1,774 sq ft and 1,421 sq ft. Arezzo has sold 108 units until now, which are 85% of the whole, and the sale amount is more than HKD 3.2 billion. Yesterday, Sino's The Avenue II in Wan Chai firstly opened ready flat administration floor room A in 47th floor block 2 to real estate agents, which in usable area of 1,147 sq ft and in layout of three rooms with store house, besides the hall and master suite both can view Victoria Harbour seascape.
Disclaimer: All wordings and pictures which indicated Squarefoot editor are the copyright of 7 Advertising LIMITED. Acknowledgement is required if other parts of this publication are used. The content is for reference only, does not constitute investment advice and it does not mean that Squarefoot agreed the points. The area which show in the article is salable area if there is no special circumstances. The pictures is for reference also.

Share by Facebook

Share by Whatsapp

Share by email