Although government declared will suppress the real estate market at any time, with strong confidence in entering market seeing stable low interest environment, Hong Kong new projects sale well and even often appeared new highest sq ft price.
HKR International Limited spokesman said, Amalfi in Discovery Bay accumulative sold first batch which are 72 units include addition launched units until last night taking nearly 90% of launched units. The average sq ft price of sea scape units and swimming pool units are HKD10,700 and HKD8,800. The average sq ft price of mountain view units is HKD7,100. Among the sold units, the highest sq ft price is HKD15,800.
Park Summit in Tai Kok Tsui spread the news of price markup
Sino Group sales associate director Tian Zhao-yuan expressed, Park Summit in Tai Kok Tsui made a deal at new highest sq ft price and new highest sale price yesterday. It is in room B, 37th floor, building 2 with cover area of 1,295 sq ft connected with 599 sq ft balcony at the sq ft price HKD15,289 and the sale price at HKD 19,799,000. The buyer is local person. Sino group reveal they will consider to addition launch units and discuss with their project partner URA about the intention price.
He added, Providence Peak in Tai Po sold about 110 unit since October taking more than HKD 1.4 billion cash in. As for the 2 units sold yesterday in Providence Peak, one bought by local buyer and located in room B, high floor, building 8 with cover area 2,175 sq ft at the sq ft price is HKD14,896 and sale price is HKD32,4 million. Besides, room E in low floor, building 21 sale at the sq ft price HKD9,800. The cover area of it is 822 sq ft and in 1 room layout. The project has sold 18 units since October taking more than HKD400 million.
He said, The Palazzo in Fo Tan also sold one sky mansion located in room A, high floor, building 3 yesterday. The unit cover area is 1,915 sq ft connected with 1,300 sq ft balcony at sq ft price HKD16,300 and the sale price is about HKD 31,210,000. The unit enjoy open view of the Happy Valley racecourse.
Cheung kong (holdings)'s Kennedy Park at Central, Kennedy Road also sold 2 units yesterday. One of them is in room A, 2nd floor with cover area 2,478 sq ft at sale price HKD69,384,000 and the sq ft price is HKD28,000. Another one is in room B, 20th floor with cover area 2,007 sq ft at sale price HKD67,234,500 and the sq ft price is HKD33,500.
Kennedy Park at Central appear sq ft price of HKD33,000
In addition, New World's The Riverpark in Sha Tin first launched 1 river view duplex mansion yesterday and the sale price and the sq ft price will make new highest price record if sold. The unit is in room C, 45th floor, building 1 with cover area 2,839 sq ft at sale price HKD57,632,000 and the sq ft price is HKD20,300. The project sold 5 more units yesterday at sq ft price from HKD8,438 to HKD10,288 mainly from local users and property changing buyers. There were also buyers from Shenzhen.
One Hong Kong investor spent HKD17,775,000 to reserve room C, 32nd floor of The Cullinan-Star Sky in Kowloon Station from Sun Hung Kai Properties for rent last week. The unit cover area is 711 sq ft and the sq ft price is HKD25,000.
