Hong Kong's Wen Wei Po News (Reporter Fong Choi Yan) As the government launched buyer stamp duty (BSD) and double stamp duty (DSD) out,it drive away wealthy mainland buyers and corporate customers,so it cause the tradings of mansion recorded a low number.But the situation breakthrough recently,according to yesterday's primary residential property sales information network show,Mid-levels West mansion "Azura" got welcomed by an investor which bought three units,involving a total capital of over $1.3 billion HKD.Some said that the buyers for the above units was "big landlord" Chiu Lai Chau,which holding over seven units his hands,worth over $2.5 billion HKD.
First-hand information network data,the transacted units of "Azura" were 43C,45C and 47A.Valorem single finger,Saleable area was 1,296 feet,1,296 feet and 1,284 feet,priced at $4.6 ten million HKD,$4.668 ten million HKDand $ 4.695 ten million HKD,an average price of approximately $36,000 Utility feet.Market sources,the buyer is a mainland investors who held a Hong Kong identity card.
It was a great opportunity to enter the market because of the RMB reached a high value
According to market sources,the investor buyer named Chiu Lai Chau,have great interested in unsold luxury flats,coupled with the view that the high value of the RMB against the Hong Kong dollar hit 8-fold in disguise and therefore big hands sweep goods into the market.On this basis,buyers do not need to pay stamp duty on the transaction (BSD),but still need to pay double stamp duty (DSD)8.5%,up to $1.1275 ten million HKD.
Access to information,Chiu Lai Chau seems have a great interest on flats of "AZURA". Earlier data show,there were three units of "AZURA" which located in middle floor are traded in the early 2011,by ULTRA BENEFIT LIMTED,RICH AMPLE LIMITED and GRAND EASY INVESTMENT LIMITED three companies purchased respectively,and Chiu Lai Chau was the same as the directors of the three companies which mentioned above,involving a total capital of over $1.1 billion HKD.In addition,Guangshun investment company also acquired in 2012,22nd Floor,Room B,Azura,sold $4.3125 ten million HKD in area 2,078 feet,ft $20,800 HKD.City pass,Shore currently holding more than 7 "AZURA",worth over $2.50 billion HKD,and held several units in The Arch of the Kowloon Station Mansion.
First hand tradings still have no active
In addition,as for the primary market,although there are many new properties sales launched out continuously,but the market transactions
still haven't regained the circumstances which recorded in past yet.As of 8:30 last night,according to first-hand residential property sales
information network show,apart from the "AZURA" recorded three transactions,The The Woodsville in Yuen Long and Causeway Bay yoo Residence recorded a deal respectively.Among of all, yoo Residence traded unit located in Flat D,28/F,sold for $1.316 ten million HKD;The Woodsville traded units located in 8GA transaction price of $9.47 million HKD. Market news refers to The Reach in Yuen Long sold eight partners yesterday after nine partners which sold last Saturday,and as for Yau Tong Ocean One,there are one transation recorded.