In One Above to launch sales today

(Leung Yuet-kam) Chinachem Group and the MTR Corporation Limited (MTRCL) are accelerating the sale of The Opposite House at Ho Man Tin Station. According to Helen Fung, sales director at Chinachem Group, the project will open for sale today, with the first price list of no less than 90 units, and will be open for show flats and ticket collection this Saturday. The sale is scheduled to commence next week, with a Group A time slot for big spenders. 

A handful of three-bedroom flats to be sold by tender 

The first price list will cover one-, two-, and three-bedroom flats. Two-bedroom units with storage and three-bedroom units will be sold in Group A. Fung added that since the launch of Monday's "soft sale", about 800 enquiries had been received, mainly for three-bedroom units, of which the three-bedroom units with a south-facing view of Victoria Harbour will be put up for sale by tender. 

Fung continued that when Phases IB and IC of In One were sold in March and April, the two-bedroom flats with storage were well-received, with an average price of over HK$30,000 per square foot, and three remaining units for sale. In One Above offers 197 units with a south-facing view of Victoria Harbour, accounting for 44 per cent of the project. 92 of these units are fully south-facing two-bedroom units with storage, measuring 591 to 597 square feet, and there is expected to be room for upward price adjustments. 

Pano Harbour sells three units for over HK$220 million per day

A joint venture by China Resources Land (Overseas) and Poly Property, Pano Harbour in Kai Tak continued to record transactions, with 91 units sold for over HK$4.5 billion. The latest transaction of three four-bedroom flats was recorded, generating over HK$220 million total. One buyer purchased a 1,909-square-foot flat on the seventh floor of Block Two for HK$73.993 million at HK$38,760 per square foot. Another group of buyers purchased Flats A and Flat B, both on the eighth floor of Block Two, measuring 1,909 square foot and 1,870 square foot for HK$74.375 million (HK$38,960 per square foot) and HK$72.4812 million (HK$38,760 per square foot) respectively, generating a total of over HK$146 million. 

In addition, VMS partner Andrew Ma Suen-yee said that The Vertex in Cheung Sha Wan has sold about 70 units since February at an average price per square foot of about HK$23,000, totaling about HK$800 million. Centaline director Sandia Lau Ying-lam said that Mother's Day home purchase offers would be available to buyers of The Vertex. From now until May 31, the first five buyers of special units will receive a free massage chair worth HK$13,800. 

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