（By Liang Yueqin）
First hand property hot sales leads developers competing. Prices of Mayfair By The Sea in Pak Shek Kok Tai Po and GRAND AUSTIN in Austin Station hopefully be stated in short term, and they will be launched within this month. As for the third round of 442 units of City Point in Tsuen Wan West Station which will be put on sale this Saturday, source pointed, about 5,000 applications had been received until last night, exceeding more than 10 times of the quota.
Mayfair By The Sea firstly launched 110 units.
Mayfair By The Sea in Pak Shek Kok Tai Po will firstly launch 110 units which mostly will be standard units, and they not exclude to state price these days and try best to put on sale them within this month, so it may possible be opened at the same time with Park Summit in Tai Kok Tsui of the same series, expressed by Tian Zhaoyuan, the Sales Associate Director of Sino. He also expressed not worry there will be competition with GRAND AUSTIN in Austin Station developed by Wheelock and so on, and believed they are popular with different customers. Developer opened two sample flats in Olympian City to public today.
Mayfair By The Sea phase 1 has 546 units, which developed by Sino and K.Wah, and Mayfair By The Sea phase 2 has 545 units developed by Sino. Above 80% of this project are three to four rooms units, while the others are one room compound apartments, and they predicted to be occupied on September 30th next year.
Yesterday, Sales of First-hand Residential Properties Authority reminded potential buyers that, Mayfair By The Sea phase 1 and 2 are different projects, small owners of which can share the public utilities ( including club, garden and amusement places), parking place, pedestrian area and road area in the future, and they need to afford together the fee of construction, management and maintenance, also can share the income of parking spot. According knowledge from Sales of First-hand Residential Properties Authority, Mayfair By The Sea phase 1 and 2 have different land approval and owned by different owners. However, two owners will sign one contract sharing each other's servitude and other rights after the constriction.
The Authority also reminded, the short term rented land nearby Mayfair By The Sea phase 1 and 2 is used for landscape, but may not be that use in permanent.
Seascape Villa will be put on sale on Sunday.
About the most expensive 4 villas of Seascape Villa in Tsing Lung Tau New Territories at usable area sq ft price up to HKD 55,000, the sale arrangement of them had been uploaded yesterday and they will be put on sale on Sunday, expressed by Lei Ting, the Agent Executive Director of Sun Hung Kai. Twelve Peaks in Mount Kellett Road of the same series will be put on sale next month, while The Wings 3A in Tsueng Kwan will be launched in August.
Kerry will launch 2 projects in Kowloon Tong next quarter.
Ede Road project in Kowloon Tong supplying 40 floor style units and 2 villas will be launched next quarter, usable area of which are in 1,400 sq ft or 1,700 sq ft, with villa's usable area in 4,400 sq ft, while La Salle Road project in same district is applying for occupation approval, which will be launched next quarter, expressed by Zhu Yepei, the Executive Director of Kerry. The Summa which has took in HKD 3 billion still has 23 units, and the yearly sales target of the group is about HKD 6 billion.
Siu Fai Terrace may publish the price list next week.
No. 66D1 in Tsueng Kwan has applied for pre-sale approval, and this project supplies about 380 units in layout from one room to four rooms, which will be occupied in 2016, said by Li Hanqun, the Sales and Marketing General Manager of K.Wah Group Hong Kong Properties. As for 17 unit of Siu Fai Terrace in Mid-level East, its price list will be public next week at the soonest, 3 units among will be rented at monthly rent about HKD 165,000 to HKD 195,000.
There will be 3 projects being launched before the end of this year, Ede Road project among has not approved yet, and hope it can be launched in next quarter, which supplies 44 units and 3 villas, expressed by Wu Chongwu, the Sales Manager of Chinachem. Low density residential project in Tsing Fat Lane supplying 76 units and 15 villas and Nga Tsin Long Road project also will be launched before the end of the year.
As for other first hand property transactions,reserved room C of 26th floor in block 2 of Trinity Towers relaunched by Cheung Kong yesterday was sold, and The Long Beach sold 2 units, while The Visionary and the Reach each sold 1 unit.
