Hong Kong's Wen Wei Po (Reporter Leung yuk Cum)GRAND AUSTIN in Austin Station put up for sale with a low property prices in order to attract buyers,the new properties also unwilling descendants,to step up for launching out the sales. Sino Land Sales Associate Director tin Siu Yuen said it would consider the the upcoming asking price of MAYFAIR BY THE SEA in Pak Shek Kok, Tai Po may offer a number of tax incentives,second mortgages and long-term transactions.Kowloon Development Company yesterday announced the highest traded price of 30% of MacPherson Place published price lists unsold units second mortgage interest rates for the first three "P-3.1%," one,two by a total of up to 85%,no penalty for early repayment,the interest rate for the third year onwards,"P +0.75%." Meanwhile,yesterday,a Hong Kong buyer have spent HKD $6.6054 ten million to buy three units of POSITANO in Discovery Bay.
Tin Siu Yuen pointed out that MAYFAIR BY THE SEA Phase 1 in Pak Shek Kok, Tai Po will announce the asking prices in days,have opened the demonstration units the day before,there was more than 5,000 people visited in the first day,the first batch of units of Mayfair Bay Phase I will include units with three and four bedrooms interval,will consider a number of tax incentives,second mortgages and long-term deal, the project will be occupied next year on September 30. He said that MAYFAIR Bay I and II share an indoor area of more than 100,000 feet clubhouse, and there are more than 80,000 feet of gardens and recreational places, facilities include a 80 m outdoor pool, 25-meter indoor swimming pool and bowling alley, the clubhouse was located in the middle of Mayfair Bay Phase 1 and 2.
MacPherson Place cashed in more than HKD $4.0 billion
Kowloon Development Marketing and Sales General Manager Yeung Chung Wing said MacPherson Place in Macpherson,Mong Kok have modified the price list of 1A and 2A yesterday,for providing two price lists transaction price by up to 30% in the first three interest rate of "P -3.1%, "one, two by totaling up to do 85%, no penalty for early repayment,the interest rate after three years as the" P +0.75%. "
Yeung Chung Wing said,this property have sold more than 50 units,cashed in of more than HKD $4.0 billion,the average transaction sq.ft price of about HKD $18,500,of which the units with open-interval have been fully sold out,there are still some remaining units with one-bedroom interval.
His analysis revealed that this batch of units rushed sold out because of geographical dominance,coupled with high rental returns which have attract the buyers successfully.
Yeung Chung Wing also said that he is not worried about the Tsim Sha Tsui new property GRAND AUSTIN will grab the buyers,because the sources of buyers are different and thinking that a number of properties put up for sale will boost the market,as 10 duplex characteristics of households of this property will be considered to be launched out for sale while this batch of units sale over a half.
Hong Kong buyer bought 3 units of POSITANO with the price of HKD $6.605 ten million
The source refers HKR POSITANO in Discovery Bay Hong Kong yesterday have recorded a buyers have spent a totaling HKD $6.6054 ten million and bought 3 units of POSITANO.According to the primary residential sales page is displayed, the three units including Flat A located in ground floor and 1/F,tower L8,Flat C,2/F to 3/F and Flat E,5/F to 6/F with roof, practical area was 1,469 feet and 1,446 square feet and 1,398 feet respectively,the discounted price was HKD $2.7971 ten million and HKD $1,8324 ten million and HKD$1.9759 ten million. It is reported that part will be occupied and some for rental. HKR yesterday said the project since June 8 public offering, as of yesterday and then recorded seven transactions. According to the price list, 32 units by the discounted price of about HKD $15,052 per practical ft,cashed in over HKD $8.0 billion.The units which have sold so far including nine units' Gardenpool Resort',7 units'Skypool Resort'and 16 units'Spa Resort'. HKR will be held a series of exciting events "Wyatt embankment Positano" and DB North Plaza three weekends in a row,including open floor luxury unit is now in Hong Kong's largest indoor amusement park Discovery Land free play, boarded Continental carriage, visiting European antique sailboat The Bounty, wonderful music, and enjoy refreshments and other Western desserts.
As for the other new property transactions,Long Beach in Tai Kok Tsui sold two units,Park-Metropolitan in Kwun Tong, MacPherson Place in Mong Kok and The Reach in Yuen Long have sold one unit respectively.
