Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum) On the occasion of the World Cup kicked off,there are a number of new properties have more than confrontation.GRAND AUSTIN in Austin Station launched out the first price list of 139 units in a sudden last night,of which the units with two or three bedrooms interval can receive free of taxes and with the highest discount of 18.5% and 19.5%, respectively,discounted admission fee of HKD $1.0257 ten million and HKD $1.602 ten million.Of which the units with 3 and 4 bedrooms interval and sea-view with a discounted sq.ft price of about HKD $24,000 and the price was similar to the same type of unit of THE AUSTIN which put up for sale in the end of last year,but compared to the second-hand units with sea view of properties in Kowloon Station and Harbour Pinnacle in Tsim Sha Tsui which is on sale now with the price of HKD $2,9000 to HKD $3,0000,lower by about 20%.
According to the price list is displayed,the first batch of units of GRAND AUSTIN which was developed by Wheelock Properties and New World was located in Tower 3 and 5,with a salable area of 581 feet to 1,771 feet,with an average price of HKD $26,244 per sq.feet,priced from HKD $1.2586 ten million to HKD $4.0284 ten million,the developers to provide 120 days (according to the price reduction of 8%), 180 days (according to the price minus 7%), 270 days (according to the price minus 5%) and construction of payment (according to the price) four kinds payment method, while New World Club and Club Weelock members receive 3% discount,bought the 2 bedrooms unit before July 31 can free of 7.5% of the ad valorem stamp duty,8.5% for 3 bedrooms unit and free of taxes ,other concessions,two or three bedrooms unit with a maximum of 18.5% and 19.5% discount.
2 bedrooms unit can be received 18.5% discount
Wheelock Properties chairman Leung Chi Kin said,the prices of the first batch of units of GRAND AUSTIN was very attractive,it will be put up for sale in form of ballots. He also said that the current market conditions was similar with the sale of THE AUSTIN which put up last year,did not change much,coupled with the highest construction cost, the local environment is also hard to find again.
As for the recent launch of multiple new properties,he believes that different projects have achieved pre-sale consents issued only a coincidence,but also refers to the purpose of the different geographical distribution, different source, do not worry about competition. He also said, GRAND AUSTIN will gradually increase the extra units for sale according to the market demand,stressed that it will not put up for sale in form of 'squirt toothpaste',hoping that the sales pace will like the sale of THE AUSTIN,of which 576 units sold out within a month,in order to achieve the flow of goods.
Wheelock Properties managing director Wong Kung Yiu said, GRAND AUSTIN will open the demonstration units to the public tomorrow which located in Tsim Sha Tsui Gateway.
The market is passing the news of City Point have recorded 12 times over-registrations
As for the other new properties,City Point located in the West of Tsuen Wan Station will launch the third round of 442 units on sale tomorrow,have been stopped receiving votes as of 4:00 pm yesterday.Sources,it have received more than 5,500 votes,12 times over-registration.
Sino Land Sales Associate Director Tin Siu Yuen noted that MAYFAIR by the sea Phase 1 in Pak Shek Kok will open the price within days,includes units with 3 bedrooms, 4 rooms interval and ground floor with garden indoor characteristics of households,will consider offer concessions to the buyers,the demonstration units also opened to the public.Tin Siu Yuen believe that the World Cup kicked off won't be affected the sales of the new properties.
