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Mont Vert taking advantage of the favorable market response,launched out the extra 100 units for sale with an original price

Squarefoot Editor  2014-07-21  219 #Tips For Transaction
Hong Kong's Wen Wei Po (Reporter Ngan Lun Lok) Cheung Kong's property project Mont Vert Phase 1 in Tai Po strategy of selling properties with cheap prices worked,although the sales arrangement of this property project was severely criticized by Sales of First-hand Residential Properties Authority,also means there are a view of grave outside,but yesterday's news pointed out that it has received 5,000 votes so far,as calculate with the first batch of 260 units on basis,about 18 times oversubscribed.In view of the favorable market response, the developer announced to be launched out the extra units on sale with an original price yesterday, the new price list involving 117 units,with an average price of HKD $9,458 per sq.feet,one bedroom unit with an admission fee of HKD $ 2.047 million,taking into account the maximum 15% or approximately HKD $1.74 million,it is expected to be on sale this Saturday with the first batch of units. Cheung Kong Real Estate Investment Director Lau Kai Man said the demonstration units of Mont Vert opened to the public since last Friday and receive purchase intent,the market response was good,so last night decided to be launched out extra 117 units on sale,including a lot of units with mountain or sea views,three bedrooms large units,together with the first units are expected to be together on sale this Saturday.He said, do not rule out this week, will continue to push the extra units on sale in order to meet market demand. Market sources,Mont Vert has received nearly 5,000 votes in three days. Maintain the 15% preferential of the property prices According to the price list is displayed,the extra units which launched out on sale by CKH are with the original price,of the 117 units calculated with the selling prices,the average price of HKD $9,458 per sq.feet,can cashed in HKD $8.35 billion,due to the various concessions and payment has not been altered, meaning that about 15% discounted preferential prices,the additional units with the average Price of HKD $8,039 per sq.ft. New units put up for sale,distributed in Flat D and F of Tower 5,Flat A,B,D,E,F of Tower 9,mainly are units with two-bedrooms and three-bedrooms interval, also amounting to 8 one-bedroom units with 195 feet of salable area,are located in Flat A of Tower 9,of which the unit with the cheapest price was located om Flat A,6/F,Tower 9,only HKD $2.047 million,taking into account the 15% or about HKD $1.74 million.But the market expected, developers will continue to use the first batch of sales, launched the '1 + family' portfolio,which is the mini-units and large units for sale pairing priority,if prospective buyers give up priority, mini households will be sold separately. As for the cheapest admission fee of the three-bedroom unit was located in Flat D,1/F,Tower 5,with an area of 750 feet, priced at HKD $6.372 million,HKD $8,496 per sq.ft,the most expensive three-bedroom unit was located in Flat B,15/F,Tower 9,with an area of 905 ft.,priced at HKD $9.539 million,with an average sq.ft price of HKD $10,540.The entire price list, the unit with the most cheapest sq.ft price was located in Flat F,1/F,Tower 5,with an area of 840 feet, priced at HKD $6.875 million,HKD $8,185 per sq.feet.The most expensive sq.ft price unit was located in Flat A,15/F,Tower 9,with an area of 195 feet, priced at HKD $2.113 million,HKD $10,836 per sq.feet. Hemera will be on sale next month Cheung Kong executive director Justin Chiu Kwok Hung said that this year's sales target of Mont Vert Phase I maintain 500 units,representing almost half of the total number of 1,071 units of the project,there will have another large housing estate LOHAS Park Phase 3 Hemera which developed by the group will have soft-sales next month,hopes to be on sale next month. Cheung Kong senior sales manager Ho Ka Man added that,65% of prospective buyers of Mont Vert are from New Territories, or flat areas with particularly strong momentum,the rest of the buyers also a large number of prospective buyers who come from East Rail line.Centaline New Territories district Director Wong Ho Chung said according to the buyers of first-hand new property in New Territories recently statistics,the group have recorded the buyers who come from the New Territories account for about 65%,the buyers who come from Kowloon account for about 25%,as for the buyers who come from the Hong Kong Island account for about 10%. Sold 57 first-hand units in the last weekend On the other hand, the new property market in Hong Kong over the past two days have sold 57 units,including Park Signature in Yuen Long which developed by the New World were recorded up to the highest amount transactions,sold about 12 units,the project has accumulated sold a total of 1,324 units, representing more than 95% of the salable units,cashed in of more than HKD $5.82 ten billion.City Point in Tsuen Wan which developed by Cheung Kong Group also sold 11 units in the past weekend,as for the Harmony-Place in Shau Kei Wan which developed by HOS also sold 8 units over the past weekend,there are still 23 units of this property project are available for sale,the sold units are currently accounted close to 90% of the saleable units.Just calculated the three new new property sites which mentioned above alone,sold a total of 31 units, accounting for 54% of market turnovers.
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