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Justin Chiu: buyers ultimately concerns on prices, Uptown discounted 12% for sale

Squarefoot Editor  2013-03-28  97 #Tips For Transaction
Article from In conjunction with the significant increase in the supply of government policy said yesterday, "Superman" Li yesterday's new flat that discounted clearance tail, start another split price tide. In view of the recently many new flat added plus commission send promotions ranks of promotion, as well as the thousand million mansion turnover greatly reduced, the CKH following early split the sale price by more than 11% on the 1st. West Kowloon unsold, yesterday a total of up to 11.8% discounts on heavy push Hung Shui Kiu Uptown last six bungalows, entrance fee 1,448.3 million, the average construction PPSF 6,794 HKD. According to the announcement, yet the city in the last six bungalows "Sea Ranch mansion offers rebate enjoy 5% early repayment property prices sent 3.75% stamp duty and sent 500,000 HKD furniture decoration allowances and other concessions, up to an aggregate reduction of 11.8%. House-building area is 2,154 square feet, the usable floor area is 1,666 square feet. Among the the 5,6,19 number house, split price sale 1,448.3 million; No. 7, No. 9 and No. 11 houses sold 1,478.4 million, split price. The best level of 1,448.3 million dollars, up by 1.937 million HKD, a decrease of 11.8%, building PPSF 6,794. According to the real estate agent statistics, Yuen Long District bungalows average price of about 1 million sq ft of building. Cheung Kong executive director Justin Chiu (see figure), Uptown long turnover period of 270 days to provide buyers payment within 90 days, if the buyer early repayment will be 5% in property prices Rebate Easter period (from now onwards purchase until April 1), and 180 days in advance repayment also have this discount; while also continue to receive 3.75% stamp duty rebate developers with royal Industrial cooperation, the buyer will receive 500,000 HKD furniture, fixtures allowance. He estimates that this batch of units sold nearly $ 100 million in cash. The six houses rebate plus receiving stamp fee The CKH earlier split price sale of One. West Kowloon, used also currently discounted tide, Justin Chiu pointed out, the current market conditions led users to use the market decide slower, but every time and every real estate has different promotion strategies, the first quarter of this year, single-handedly disk push The amount of disk is more than usual. However, as long as the pricing stickers City or low market prices save the small feat can attract buyers always buyers are ultimately depends on the price, coupled with the government policy, so that buyers easy home buyers. He pointed out that 11% of the sale in early split price One. West Kowloon has sold 100 flats, the average construction ft price of 9,000 HKD to 10,000 HKD, 1.1 billion HKD cash;'s unsold leaving only dozens of flats located in One. West Kowloon and is still the city. Other new flat, such as Tsuen Wan Kwok Shui Road residential project, he expected next month approved the sale of paper would be put up for sale. Invest in Hong Kong When asked about two tenders in Kai Tak, he said the group is also interested, but it depends on the price, if the project is not owned tenders. In fact, the government repeated moves, plus a new creation is slowing down interest rates, first-hand flat sales of Recently, many developers have to send a stamp or lower than the second-hand price sales of new disk, such as Hong Kong Ferry Fanling Yi Min additional units from a planned fare increase of 5% to be put up for sale at the original price; Far East development in Cheung Sha Wan Jin Ling, CCIL Zuodun Po. Xuan, and macro content with Cheung Sha Wan Hui Yuet rebate rates specified in the stamp duty to the buyer; As for the letter placed in Tai Kok Tsui, Aurangzeb. Imperial the peak first batch PPSF also lower than the second-hand price 15%. $ 12,000 Langer Crest square feet price ahead SHK plans to offer Langer Crest the prices publicly tomorrow, the first batch of 50 flats average architectural ft price of 12,741 HKD, but most of the units are sent to one million HKD worth of parking spaces, along with other deals, including up property prices by about 15 %, net of all the deals, the average construction ft price of 11,157 HKD, still the region similar used layered expensive of approximately 30%, among houses per square foot price of about 13,000 HKD, more than 60% higher than the district of the same type units, you must Yuen Long. Other new flat yesterday had sales of 3 flats, Fanling Morrison sold, Yuen Long REDSIDENCE 88 sold 2 flats and Yuen Long The Reach sold 1 flat.
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