Hong Kong's Wen Wei Po News ( Reporter Leung Yuk Cum) Cullinan at Kowloon Station Axed Price and free of taxes in order to sell the unsold units,attract large numbers of customers to join in.The sale on the 6th days tired revenue by about 2,000 votes,with the first launch of 60 units,registered exceeding 32.3 times,recorded the highest since the implementation of new legislation at end of April this year,comparable to the property boom in 1997,when the madness of the situation,but also contributed to other New Kowloon sale to attract more customers to speed up the sale.Henderson Land announced last night at the Cheung Sha Wan High Park launch 30 partners,they also get 3 % Stamp Duty to attract customers,plus being eligible for up to 7 % off total,10% off sale of flats in disguise,discounted that after an average price of $17,375 HKD per sq.feet,after discounted admission fee of $7.885 million HKD,still 20% higher than the local price of High Park which located in the same district,next Thursday evening will put on sale.Also Wheelock Properties, New World and MTR Austin Station cooperation " The Austin " will upload the brochures next week,then asking price,and will launch first batch of units on sale within two weeks.
Deputy Managing Director of Sun Hung Kai Properties Lui Ting said Cullinan No. 6 8 pm last night ended the votes,tired to close about 2,000 votes,of which one quarter ( about 500 votes ) tickets are from mainland visitors or the company .The city passed a big hand off again
yesterday with 300 votes in one breath,Lui Ting said the biggest hand into the ticket into a total of 20 votes, some families off into 3 votes,the first batch of 60 partners in ballots on sale this morning.Yesterday Cullinan the six period ground floor lobby,there are still many people attending the event,this batch of units ,net average real foot discount price $25,000 HKD,before sending off before the 86% discounted price from $1.0 ten million to $2.6 ten million HKD.
Next Thursday night on sale,first come first served
Henderson Land Sales General Manager Lam Da Man pointed out that the Boundary Street,Cheung Sha Wan High Park first launch of 30 partners,focusing on one room and two room households,next Thursday evening 7:00 to be sold in form of first-come first served,show flats yesterday afternoon 5pm from the time open to the Henderson Club members visit,since 11:00 this morning,open to the public.
According to High Park price list shows that the first batch of the 30 partners located in 11 F to 27 F,Useful area from 475 feet to 793 feet,less 3% stamp duty and that was up 7% discount for total,10% off sale of flats in disguise,after discounted price from $7.885 million HKD to $1,427.9 million HKD developers to provide 60 days for payment that is ( according to price minus 7% ),ie 180 days for payment( according to the price minus 6% ),the highest property prices in 30 % second mortgage ( according to price minus 6% ),the first two years of interest-free second mortgage for ( according to the price decrease of 4% ) and construction of the payment ( according to the price ) . If the buyer within 14 days of paid prices ,will receive the seller to send gifts formal sale and purchase contract price equal to 3% cash rebate as stamp duty,as a member of Henderson Land,directly bought the properties which in the price list from Henderson Land estate agent,after the occupation, will receive the first 24 months free of management fee.
In order to meet the demand,first launch 1 and 2 bedrooms households
Lam Da Man pointed out that High Park first launch one room and two room households,mainly due to the current market demand,coupled with the central position,hide a lot of purchasing power.For the past few months has also launched the New Territories fellow Penny properties,he refers to the other area real estate may not have this property advantages,with 2.15 hectares of green parks,but also in Kowloon city center,also there are mansions nearby,there should be have many parents buy the unit for their children,or branch of the families will buy.
Half cheaper than The Cullinan,so it's not worried about competition
For the SHKP The Cullinan choose flat this morning,High Park on sale in the same period have competitive or not,he believes Cullinan has its own characteristics,the total price of the unit much larger than High Park,also the sq.ft price have a large distance,belong to another
group,so there is no competition between them;High Park abundant greenery,bustling shopping malls will not have to make changes miscellaneous estates,so it should be popular.Lam Da Man said there are no similar planning projects surrounding High Park, Henderson Land
asking price has been affixed to the market price,hoping to sell a large proportion of units within a short time.As a fellow sister of the new property High Park ． Yu in the same district will launch out the sale next month the fastest,the area per unit was larger than High Park.
Insiders allege that as the Cullinan sent in before the 86% off discounted price before tax from $1.0 ten million to $2.60 ten million HKD,High Park sale in higher than the market price,on the one hand because of the location and dawn landscape of High Park was better than High Point,so it can raise the prices,and secondly,the price level was half cheaper than the Cullinan,so hoping that can take advantage to attract customers who can't buy the Cullinan can refer to high Park,so it can cause High Park do not need to split price.
As for the New World in Yuen Long Park Signature new additional units cut ticket last night,received a total of more than 60 votes,this morning will first push 124 partners,$9,087 HKD per sq ft,including open-ended unit increased the price of 2%, the property also sold a unit yesterday.
As for the other new properties,Kerry yesterday at Happy Valley Altitude upload the new sale-brochures,ready to re-launch.
