Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum,intern reporter Edward Chen)Under the situation of lack of property with good prices,Cheung Kong launch out 'open-Unit with the smallest area' Mont-Vest Phase I in Tai Po coming up for sale,the first batch of sale will provide 196 units,with salable area of only 177 feet to 195 feet,which was units with the smallest area in the area and even in Hong Kong. Regional agency pointed out that the current regional Jade Plaza,a 262-foot feet a real tenant meter,foot price of about HKD $8,000 to HKD $10,000,as projected, Mont-Vest 'open unit with the smallest area',it is expected that the price of about HKD $2.0 million or below.
Mont Vest Phase I with the total six blocks,providing 1,071 units,in accordance with its published yesterday in the sales brochure shows a total of 196 'open unit with the smallest area',with salable area of only 177 feet to 195 feet,located at Flat A and H, of Tower 3 to 9 respectively,the sill area of 13 feet to 19 feet. Regional agency said Tai Po whether a second-hand property have no offers open units,nor salable area of less than 200 feet of flat supply,Mont Vest Phase I of the region for the first time to provide such a fine area of open units, at present the region to provide the finest private housing units Jade Plaza,a 262-foot feet a real tenant meter foot price of about HKD $8,000 to HKD $10,000, while the new property Mayfair by the sea on sale in the same area with the average sq.ft price of HKD $12,000,but the smallest unit of salable area of about 600 feet,so it is hardly comparable.
Each unit attached a 13-19 feet windowsill
In fact, the high property prices in Hong Kong,in order to increase the opportunities for young people to buy their own property,the government has launched size restrictions in recent years,many developers in the early years have cut the units into parts for sale,so the interval is smaller,so the price is also relatively cheaper,attract the first-time buyer.Park Ivy in Mong Kok which was developed by the URA in cooperation with Sino Land will be on sale tomorrow,a 256 feet of open-ended unit with the discounted entrance fee of about HKD $3.42 million,is the property which with good quality and prices in the urban area.However,open unit of Mont Vest Phase I with only 177 feet, it is incredible.
Cheung Kong Real Estate Investment Director Lau Kai Man yesterday said that Mont Vest Phase I will offer next week as the fastest way,the group has been uploaded to the group's website and the sale broche of the project,will also be uploaded to the sale of the EAA website early next week,the demonstration unit will be on Monday,Tuesday gradually open to the media and real estate agents to visit. He had said earlier that the first supply will be more than 215 units, in order to push the sale of the units with three-bedrooms interval.
Mont Vest Phase I with 196 open-ended units,there are a total of 48 units with 2-bedrooms interval,with an area 492 feet to 501 feet and another 299 units with three-room suite,two closets,with an area 736 feet to 755 feet,467 units of three-bedroom suites three closets,with an area 795 feet to 949 square feet,44 units with 4 bedrooms interval with suite,with an area 932 feet to 935 square feet and another 17 specialty units.
Large-scale project Dragon Hill in Kau To Shan applied for presale
On the other hand, Kerry, Sino Land and Sha Tin Kau cooperation project named Dragon Hill. Kerry executive director Chu Yip Pu said,this property offers 973 units,height 18-19 layers,the main two or three bedroom households, accounting for 80% of the units,the other for small units and penthouses and garden mansion households and 30,000 sq.ft clubhouse.Project is applying for pre-sale consents to expect before the end of this year to push the sale of uncompleted form,it is expected occupation in the late of next year.Distribution of equity in this project and Sino Land Kerry 40% each, Manhattan accounted for 20%.
Market sources said,Park Ivy in Mong Kok will put 100 units up for sale tomorrow,have received almost 2,000 votes as of last night.
