OCEAN ONE first launch 52 units and expensive 25% more than second hand property sq ft price in same district.
Under hot demand for the Century Gateway of Tuen Mun Station opening in high price, new projects make aggressive offer price. While many new projects prepare to put on sale, OCEAN ONE located in No. 6, Sung Shun Street, Yau Tong which just get the sale license the day before yesterday grab off the first to launch 52 units at average sq ft price HKD10,326. It is expensive 25% more than the second hand property sq ft price in same district and will be put on sale next week at the soonest. In addition, HKR International Limited' Amalfi in Discovery Bay has reserved about 20 units and the largest deal is one buyer spend HKD20 million to reserve 2 units .
According to the price list, Lai Sun Development's OCEAN ONE first launch 52 units which located in 8th-25th floor with cover area from 692 sq ft to 1,023 sq ft at sale price from HKD 6,943,000 to HKD 12,522,000 and sq ft price from HKD9,331 to HKD12,240. Developer supply 3 payment methods including cash payment (price reduce 3%), 3 months payment (as price) and 20% of the property price as secondary mortgage (price add 2%). OCEAN ONE has 25 floors supplying 124 units. The floor units' cover area from 692 sq ft to 1,023 sq ft and also has feature units in cover area 1,003 sq ft ( connected with 200 sq ft to 244 sq ft balcony) to 1,507 sq ft ( connected with 276 sq ft to 692 sq ft balcony)
Hong Kong Property kowloon district senior business director Yao Wei-Nan said, price in OCEAN ONE's first price list higher 25% than price of new project in same district such as Canaryside and second hand property sq ft price of The Spectacle which about HKD7,500 to HKD8,000. The price also higher that the intention price suggested by Lai Sun Dev in earlier at HKD9,000. It shows under the situation that recently Century Gateway of Tuen Mun Station opening in high price still after by buyers' pursuit, downtown new project's opening price and second hand premium distance again.
Amalfi reserved about 20 units at sq ft price HKD12,000
In addition, source tell, HKR International Limited' Amalfi in Discovery Bay has reserved about 20 units major face sea units located in building 2 in cover area 900 sq ft to 1,200 sq ft. The sq ft price is about HKD10,000 to HKD1,2000 and mainly bought by local buyers. The largest deal is one buyer spent HKD20 million to reserved 2 units.
Sino group associate director Tian Zhao-yuan said, Providence Peak in Tai Po sold 8 units yesterday. One buyer among spent HKD37.3 million to buy 2 providence mansions include 4 rooms unit in 2.025 sq ft at sq ft price HKD8,453 and 4 rooms unit in 2,037 sq ft at sq ft price HKD8,427. Other 6 units are 3 rooms layout in cover area between 1,287 sq ft to 1,508 sq ft at sq ft price HKD8,270 to HKD8,980. There are mainly local buyers and 2 units bought by mainland buyers. Providence Peak has sold 68 unit since October at sq ft price about HKD8,200 to HKD9,200 and 30% of the buyers from HK island.
Plutocratic buyer spend HKD37.3 million buy 2 providence mansions
It is said that, there are several fund managers into the market in the name of private for investment. As for same series project The Palazzo in Fo Tan sold the last floor unit at HKD25.2 million. It is located in room B, 56th floor, building 8 in cover area 1,835 sq ft and the sq ft price is HKD13,150.
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Soundwill's Park Haven in Causeway Bay sold 1 unit yesterday which located in room C, 7th floor with cover area 572 sq ft at sale price HKD13.09 million and the sq ft price is HKD22,800 by a local buyer. Wheelock Properties' spokesman said, Kadoorie Hill in Ho Man Tin has sold 48 units taking cash in HKD1.6 billion.
Century Gateway addition launch 82 units and open for sale today
In addition, 82 units of Century Gateway in Tuen Mun Station addition launched in Tuesday open for sale today and it is estimated that has possibility to sold out. 80 units among at average sq ft price HKD8,252 and located in building 1 to building 5 with cover area from 478 sq ft to 635 sq ft. The other 2 are platform units, one in unit 7G, building 3 at sq ft price HKD11,488 and the other one in unit G, 7th floor of building 5 at sq ft price HKD8,351.
