Facing government’s strict measures, FE CONSORT INTL ‘s Sevilla Crest which in Sham Shui Po also planed to offer price in these days seeing Cheung Kong and Hong Kong Ferry put on sale their standard units at low price in succession. Developer will rebate half of the overpaid stamp duty to customers who change house or buy one more unit. The admission of the open type unit will be about HKD 3.5 million and for 2 rooms unit it will be about HKD 6.5 million. Hong Kong Ferry’s GREEN CODE in Fanling will put on sale 396 units 6 pm tonight. The market source told they had received more than 1,000 applications. Developer also additional launched one feature unit connecting with terrace yesterday. The cover area sq ft price of it is HKD 11,500 and the usable area sq ft price is HKD 15,477. The price is slightly lower 4% than the intention price. But it still will be the highest sq ft price in same district if the unit sold.
Fang Jun, the senior director of business and marketing of FE CONSORT INTL expressed, Sevilla Crest in Sham Shui Po will offer price these days and the project will be put on sale next week. They have received more than 300 cases of inquires. The first batch will include 15 units and the sq ft price of them will refer to new projects’ unit price which are between HKD 11,000 and HKD 12,000 in same district. The admission of open type unit among the first batch is about HKD 3.5 million. And the admission of 2 rooms unit is about HKD 6.5 million. The sq ft price of feature unit is higher 10% to 20% than price of standard unit. The 2 feature units are separately located in room A and room B of 33th floor. Each of them connects with garden in 130 sq ft and sales including one parking spot. To response to government’s new measure which is paying double SD for one more unit, developer will rebate half of the overpaid stamp duty to customers who change house or buy one more unit among first price list.
At the same time, the payment method follows with the new measure in April because the project has old title deed. The temporary deposit is only 5% of the property price. 5% more will be paid 5 days later. They only supply payment method during construction period in temporary and there also has bank supplies cash payment mortgage.
The project firstly imported hotel style residential service.
He pointed out, the project firstly imported Dorsett Regency Hotel’s hotel style residential service. Plus with this year is the property selling peak period of FE CONSORT INTL, he believed Sevilla Crest will be sold out in short time under the driving of young new buyer’s house demand. The market value of it is about HKD 500 million. The project supplies 83 units. The cover areas of standard units are from 294 sq ft to 633 sq ft and the usable areas of standard units are between 199 sq ft and 430 sq ft. They have 2 feature units in top floor with cover areas from 775 sq ft to 783 sq ft and usable areas from 543 sq ft to 549 sq ft.
He said, mountain pass project in Sai Wan which is in same series planed to be built into single building project. It will supply 100 units and mainly are units in 600 sq ft. The project will be put on sale in the 3rd season this year at the soonest.
In addition, Hong Kong Ferry’ s GREEN CODE in Fanling will put on sale 396 units at 6 pm tonight. The market source told they have received more than 1,000 cases of application which mostly were from customers in same district.
The sq ft price of feature unit in GREEN CODE is HKD 11,500.
Developer also additional launched one terrace feature unit yesterday. According to the price list, room A, 36th floor, building 1 of which the cover area is 1,580 sq ft and usable area is 1,174 sq ft sales at HKD 18.17 million. It connects with terrace in area of 706 sq ft. The cover area sq ft price of it is HKD 11,500 and the usable are sq ft price is HKD 15,477. The price is the highest in same district.
Price cut is successful. 71 units of One West Kowloon was reserved .
Cheung Kong suddenly cut 10% of the price and rebated half of the stamp duty last week to put on sale One West Kowloon in Lai Chi Kok. It is successful. Developer also additional launched units in these few days. Source told, the project had accumulatively launched 71 units until yesterday and all of them had sold or reserved. Some buyer even buy 2 units at one time to enjoy the 20% discount of privilege on buying parking spot. This batch of units are located in building 1 and building 2 with cover areas from 1,160 sq ft to 1,307 sq ft. The cash payment sale prices are from HKD 9.9198 million to HKD 15.048 million and the cash payment sq ft prices are from HKD 8,484 to HKD 11,656 after deducting the 10% discount of privilege. Source told, 3 units were reserved yesterday.
ONE MAYFAIR Sky house sold at HKD 95.5 million.
As for other new project, Tian Zhao-yuan, the Associate Director of Sino sales department expressed, ONE MAYFAIR in Kowloon Tong just sold a sky house in room A, 10th floor, building 5 at HKD 95.5 million. It is in cover area of 2,887 sq ft and connects with 1,855 sq ft of terrace and swimming pool. The cover area sq ft price was HKD 33,079 and the usable area sq ft price was HKD 42,331. ONE MAYFAIR only left 3 units of sky house and 5 underground units which connect with garden. The intention cover are sq ft price of one sky house among is HKD 38,000. The intention cover area sq ft price of the underground units which connect with garden is HKD 26,000. The Reach in Yuen Long developed by Henderson and New World sold 2 units yesterday.
