New (Reporter Liang Yueqin) There had property project uploading price list and brochure again. Chuangs’Parkes Residence in Jordan uploaded price list yesterday according to the Residential Properties (First-hand Sales) Ordinance. 50 units were launched and the average usable area sq ft price is HKD 23,989. These units will be put on sale this Sunday and base on first come first served. In addition, CAPITAL STRAT also planed to relaunch 50 unit in future 1-2 weeks. While K.Wah already uploaded the brochures of Marinella in Aberdeen and CHANTILLY in Happy Valley according to the Residential Properties (First-hand Sales) Ordinance and prepared to relaunch them.
First batch of 50 units will be put on sale on Sunday.
The Marketing Planning Manager of Chuangs, Chen Qingguang expressed, most of the units among the 50 units of Parkes Residence which launched in this time are new arrivals. Only a few of them are units being relaunched. They are additional launched at original price. The usable areas are from 231 sq ft to 248 sq ft and the sale prices are between HKD 5.23242 million and HKD 6.3468 million. The usable area sq ft prices are from HKD 21,270 to HKD 25,800. Developer supplies payment methods of construction payment at 15% of the property price before occupation (As original price) and payment at 20% of the property price before occupation (1% discount of the price). Chen Qingguang added, there is no requirement in Residential Properties (First-hand Sales) Ordinance that developer should list the value of the gift.
According to gift list in Parkes Residence’s price list, the 40 items gifts include tooth brush, pillow and so on. But they did not display the value of the gifts. It is unknown that if this act meet the requirement of the Residential Properties (First-hand Sales) Ordinance. In addition, the drawing of the room in18th page of the brochure of the CHANTILLY does not display the location of the door; kitchen, bathroom and some equipments in bathroom of duplex unit and feature large unit are showed had been shifted or removed in the brochure of Marinella; Are these problems? Spokesman of Sales of First-hand Residential Properties Authority responded that, the authority will inspect as soon as possible after receiving the files of sales of first-hand residential properties such as brochure, price list and sale files. Seller should continuously supply the copy of the files including related price list and sale arrangement to local in free at least 3 days before the selling date, and continuously supply the information files including related price list and sale arrangement on specified internet website for public reading.
The Authority reiterated, the Sales of First-hand Residential Properties Authority will inspect if there any suspect violation is found. If the situation of suspect violation is serious and may cause large damage to potential buyer of related property, the Sales of First-hand Residential Properties Authority will announce the case of the related violation and the situation of the suspect violation in case of not impeding judicial process as soon as possible to remind potential buyers taking care and assure consumers’profit.
Yoo in Causeway Bay may be relaunched within this month.
In other side, the Executive Chairman of CAPITAL STRAT, Zhong Chuyi expressed yesterday that, they will relaunch 50 units of Yoo Residence in Causeway Bay in future 1-2 weeks without price cut. This project had sold 37 unit last year and took cash of HKD 0.55 billion in and already uploaded the brochure according to the Residential Properties (First-hand Sales) Ordinance last week.
He pointed, they will relaunch rebuild project in Jardines Lookout, rebuild project in Barker Road, residential projects in Kau To and Qingpu of Shanghai and so on in future 2-3 years. It is estimated that, future 3 years will be the peak period of residential property selling. The commercial project and residential project in future will each take half of the total assets value. Currently, commercial project to residential project is 7:3.
