(reporter Ying Zhou, LunLe Yan) while market funds looking for a way out, developers have launched high price feature units attracting customers. Top floor duplex unit in building 6B of Lions Rise in Wong Tai Sin developed by Kerry Properties Limited offer HKD50 million; 7 duplex garden units of Le Chateau in Alnwick Road of Kowloon Tong developed by Cheung kong (holdings) in intentional feet price HKD30,000 and admission fee more than HKD50 millions. The market news said there were already 3 units being reserved last night . Recently, focus new project Wu Kwai Sha Double Cove and Tuen Mun Century Gateway continue addition launched respectively 44 units and 85 units.
Kerry Properties Limited Agent Marketing General Manager Meishan Wu said yesterday, since the United States launched the third round of quantitative easing measures (QE3), market sentiment improved obviously. And plus authorities show that the execution run by section and in order , which do not like before in big rise and big fall, so it is estimated the property market will develop smooth. And the Hong Kong Monetary Authority tightened mortgage percentage, which belong to care measures can protect the buyer and bank system. However, due to luxury house buyer less in using mortgage and also the luxury house are in less supply, buyers have more intense to get into the market under QE3 influence. It is expected the prices increase will be larger than middle and small units. Since the government increase the supply, project suit to medium and small new buyer will be in stable development. It is currently researched whether to bid Long Ping Station North project.
Lions Rise sample flat at 50 millions
She points out that in order to coordinate to repossession of Lions Rise, room A, 41th floor of building 6B as ready flat sample unit opened for visitors now. The unit cover area in 1,790 square feet with in addition garden platform cover area 433 square feet. It is 4 rooms 1 suite design at HKD3 millions for decoration. The offer price is HKD50 million yuan at feet price HKD27,933; Room C, 41th floor, building 6 with cover area of 1,625 square feet, and in addition garden platform cover area of 331 square feet, offer unit price HKD36.8 million, at feet price HKD22,646. Later plan to launch feature units in building 1, 2 at intention feet price about HKD30,000 and the feet price have chance to challenge the new highest in the district.
And she said, this project have sold about 780 units, about the 80% of the whole project with cash in about HKD 7 billions. The remaining less than 200 units available for sale and estimated in market value about more than HKD2 billions, among 24 units are feature units.
Le Chateau duplex garden unit at feet price HKD30,000
Cheung kong (holdings) manager Helen Feng said, Le Chateau in Alnwick Road of Kowloon Tong supply a total of 31 units among 7 are duplex garden unit,s the area between 1,701 square feet to 2,032 square feet at intentional feet price HKD30,000 yuan and admission fee more than HKD50 millions; And standard units intention feet price HKD25,000 with admission fee about HKD40 millions. Tt is estimated that the project in market value HKD1.3 billion to HKD1.4 billion. Due to the project do not limited by pre-sold future house indicator, so may not provide price list and plans to promote and sale the feature unit by type of hold purchasing talks.
And she said, since the project name, they have received more than 500 inquiries, about 10% among are mainland customers. Now they have received nearly 30 groups of customers' hold purchasing talks and two to three potential buyers intent to buy more than 2 units. Because the sample flat uncompleted yet, temporarily there no reserve or sales. It is expected to open the sample flat and on sale in middle of this month at the soonest. In order to cooperate with the sale, developer provide favorable policy which is reduce property prices 4% if choose mortgage payment immediately method.
Double Cove, Century Gateway continue to addition launch to make cash in
Wu Kai Sha Double Cove and Tuen Mun station Century Gateway addition to launch. Henderson Sales Department General Manager Damin Lin said, Wu Kai Sha Double Cove sold more about 80 units on Tuesday and the cumulative sold already amounted to 370 units , take the already launched flat 468 units in 80% with cash in more than HKD2.2 billion .
3 price list of the project launched again for a total of 44 units including 3 rooms, 2 rooms and platform units with cover area of 605 square feet to 1,130 square feet at offer price from HKD5.015 millions to HKD12,662,000. Damin Lin said, they have confidence project can be sold more 100 unit before Sunday and cumulative sale near 500 units and at that time the sold units will take more than half of the project.
Tuen Mun station Century Gateway by Sun Hung Kai Properties launch more 85 units major in cover area around 900 sq ft units and in there batches at average feet price from HKD8,430 to HKD8,560.
