（By Zeng Mingyi）
Three new projects take the lead to start sale this week. Tsueng Kwan Corinthia by the Sea among additional launched 168 units at original price yesterday, Sino and K.Wah developer of which will launch three price lists including 388 units on Thursday. Many buyers are interested in large unit, so they firstly put on sale 9 units in layout of four rooms, the Sales Department Associate Director of this group Tian Zhaoyuan expressed.
Tsueng Kwan Corinthia by the Sea will launch three price lists in one week, and will put on sale totally 388 units in market value above HKD 3.8 billion all at once, the sale arrangement of which had been uploaded yesterday, besides registration will close on Wednesday. The latest No.3 price list launched yesterday includes 168 units from one room to four rooms, four rooms among firstly come into the market and just 9 units available, while all one room units will be put on sale. These 168 units are from HKD 5.487 million to HKD 19.904 million with sq ft price from HKD 14,435 to HDK 18,354, and the average usable area sq ft price is HKD 13,790, leading the lowest unit price to HKD 4.69 million, while the most expensive four rooms unit will up to HKD 17 million. Until 9:30 pm last night, Corinthia by the Sea had collected 4,200 registrations, exceeding more than 9 times than the quota.
Daryl Ng Win Kong
Sino Executive Director Daryl Ng Win Kong who rarely attend sales press conference promoted for the project yesterday, he said there will be four government buildings located in Tsueng Kwan in the future, plus with French International School will be built nearby Corinthia by the Sea to found pluralistic development, so the projects in this district will be benefit on renting. It is estimated 30% buyers will be investor and will be more, Tian Zhaoyuan added.
Asked if there is confidence of selling all 388 units, Daryl Ng Win Kong said they always are careful on additional launching and of course expect a good sale, also he said they wish people get lucky from the lucky number 388.
Daryl Ng Win Kong not only supported their own project but also praised the sales idea of Hung Shui Kiu Domus from Paliburg, and he even predicted Ultima which will compete on sale this week success because luxury market is good, for example their new villa project Botanicabay in Lantau Island registered transaction days before, showing sales will be ideal.
Ultima collects registrations above four times of the quota.
As for Ultima first batch 52 units of which were launched at the most expensive price in Ho Man Tin, its developer Sun Hung Kai uploaded sale arrangement last Sunday, firstly putting on sale 38 units at market value above HKD 2 billion on Wednesday. About price cut 12% in Homantin Hillside, the Vice Managing Director of Sun Hung Kai Lei Ting pointed it's not convenient to comment on this sales strategy but he emphasized the four advantages of Ultima which are geography, traffic, landscape and the school network are unable to be copied. Market source pointed, until last night, Ultima had collected 260 registrations, exceeding four times of the quota.
The available 38 units are two rooms to four rooms, which will be put on sale under two groups and terms, and buyer who will purchase two more will have priority rights, added by Hu Zhiyuan, the Assistant General Manager of Sun Hung Kai.
Compound apartment in the Riverpark sold at HKD 58.85 million.
In addition, there was no new project being sold in the past two days, only some small transactions in some projects, and first hand property market occurred 16 transactions. There into New World the Riverpark in Sha Tin sold one compound apartment room A in 45th floor and 46th floor at HKD 58.857 million including two parking lots, with sq ft price at HKD 27,452, making the latest peak sales price and peak sq ft price records in this project, and there are only 10 feature units left.
