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One Kowloon Peak will put up for sale next week as the fastest time

Squarefoot Editor  2015-01-24  919 #Tips For Transaction
Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum)As Cheuk Nang (Holdings) Limited launched out Villa Cecil Phase 2 in Pok Fu Lam for sale since December 2010,there are four years haven't put up the properties for sal in Hong Kong,the Chairman of Cheuk Nang (Holdings) Limited Chao Sze-Tsung's daughter,is now Executive Vice President of Cheuk Nang (Holdings) Limited Chiu Sik Chi.Chiu Sik Chi said yesterday,the application of No.8 Po Fung Terrace 'One Kowloon Peak' is approved the sales of the paper in seven years and uploaded the sale broche,will offer and sale next week as the fastest time.The first batch of 30 units will reference price of the properties in the same district,have the opportunity to include the top floor features two outsiders called user'Mickey Mouse' plan, but will also consider part-occupied or rental household characteristics. 'Mickey Mouse' plan was designed by Chao Sze-Tsung She pointed out that One Kowloon Peak Phase 1 with a total of 49 units, of which the standard unit with the salable area from 973 sq ft to 1,928 sq ft, 3 duplex households which located in the first floor and second floor with the area from 1,138 feet to 1,976 square feet ,as for 18th floor,19th floor which is the top floor and features two full layers are 1,777 square feet of salable area households. Forcall the special units which outsiders called 'Mickey Mouse'plan,Chiu ik Chi admitted two units had personally designed by Chao Sze-Tsung,because the father favorite waveform and round objects such as basketball,he worked in the early era of love Huaguang estate waveform and round shaped design; laughed means 'I love Melody more'.She believes that these two units are decent utility when placing furniture,as for phase 2 of One Kowloon Peak are all bungalows and didn't have any sale plan yet. Lack of mansion sources in Tsuen Wan due to it was welcomed by buyers Midland Realty Chief Executive Officer of Department Pu Siu Ming said, according to the Midland Realty Research Department of Integrated Land Registry data show, Tsuen Wan (including Sham Tseng and Ma Wan) secondary residential registrations which involved in over ten million rose steadily in recent years,from 1999 to 2007 with less than 10 transactions per year,repeated rose to 2010 and 2011 levels over 30 cases and further increased to a level of about 50 per year in recent years, with 2012 and 2014 were recorded 51 and 54 transactions respectively,reflecting the high prices of property was welcomed by the buyers.First and second-hand luxury sources lack of supply,according to Midland Branch property sale statistics,the mansions which located in Castle Peak Road, Ting Kau with now less than ten million only got 15 units are available for sale,and the age of the larger,'One Kowloon Peak' was the new mansion in the district,so that there are customer inquiries. Cheuk Nang (Holdings) Limited intends to increase land reserve during the year In addition,Chiu Sik Chi said that after the completion of the first phase of the sales of 'One Kowloon Peak'and planned to increase our land bank for this year or next year. Asked the sale plan this year,she refers a residential project just launched in Malaysia,with the first batch of 285 units,admission fee of approximately HKD $ 3.0 million,or at the same time put up for sale in Malaysia and Hong Kong.A total of 800 units,will be phased up for sale,not all launched within this year. In addition,the Group also has two properties in Shenzhen and Hangzhou are providing over 1,000 residential units,some units will be introduced this year, including the Shenzhen real estate with the market value of about HKD $3.0 ten billion. She also said New-Villa-Cecil in Cheung Chau which developed by the group is now building bungalows in Cheung Chou,the first phase with a total of 19 houses,the second phase with a total of 23 houses,it is estimated to be completed by the end of this year,but will not put up for sale within this year.
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