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Deauville May Be The Latest Property King In New Territories.

Squarefoot Editor  2014-07-03  234 #Tips For Transaction
(By Liang Yueqin) Developers grasp the opportunity to launch projects under hot market. Sun Hung Kai's low density residential project in Ting Kau Castle Peak Road Tsuen Wan was named Deauville, which is planed to be put on sale by ready flat after sales approval coming back in August to September. Source pointed, villa's price in this project will refer to price of The Seafront in same series which just broke the new highest sq ft price record in New Territories by HKD 46,000 to HKD 55,000, so it may be the latest property king in New Territories at any time, while the price of floor style units in it refer to The Westminster Terrace in same district. Villa sq ft price may up to more than HKD 46,000. Deauville has 26 floor style units and 7 villas, floor style units among are in usable areas from about 1,300 sq ft to 2,400 sq ft, while villas are in usable areas from about 2,900 sq ft to 4,100 sq ft. The brochure preparation has went to the last stage and there is one villa ready as sample flat, expressed by Tan Xizhan, the Agent Special Development Department Senior Sales and Marketing Manager of Sun Hung Kai. He said, there will be 30 units at least in first batch according to the Residential Properties (First-hand Sales) Ordinance. As for the large residential and commercial project in Shau Kei Wan church, it is free from pre-sale terms and will be put on sale within this year, brochure of which is under preparation, Tan Xizhan said. Besides, Wheelock and New World will put on sale the latest 78 units of GRAND AUSTIN in Austin Station this afternoon, application of which closed yesterday afternoon, and source pointed about 1,400 cases had been received. Buyer bought 2 units in Mayfair By The Sea by HKD 44 million. Source pointed, Mayfair By The Sea I and II in Tai Po developed by Sino and so on sold 6 units more yesterday, there into one local buyer spent more than HKD 44 million to buy 2 units, which are respectively located in high floor room A and room B of block 15. The Long Beach in Tai Kok Tsui sold 2 units, while The Avenue in Wan Chai sold 1 unit. In addition, New World's The Woodsville in Hung Shui Kiu sold 3 units on the day before yesterday, at sale prices from HKD 8.629 million to HKD 9.321 million, all of which include one parking spot, and all available floor style units of this project had been sold out, so The Woodsville will arrange the next round of sales according to market demand of low density projects, including garden villas in it.
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