Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum)Tseung Kwan O area which have at least new 4,400 units in the future one year,the new properties have cause the new battle of grabbing buyers again.Sun Hung Kai Properties uploaded sales brochures on assault yesterday,also announced the first price list of the 192 units of The Wings IIIA which with the construction period of up to 28 months,with the average price about HKD $13,345,included the developers to provide at least 10.88% (HKD $7.50 million or less) or 11.68% (HKD $7.50 million ),with the discounts average price of approximately HKD $11,500 to HKD $11,800,lower by about 8 to 8.5% when compared to the average price of about HKD $12,500 per sq.ft of the second-hand units of The Wings Phase I .As for HUDSON which developed by Henderson Land have also uploaded the sales brochure yesterday.
SHKP Deputy Managing Director Lui Ting yesterday described the price list of The Wings IIIA is 'Super Joy Price',the Group's real estate first batch of units will with the price which close to the market prices and will be tailor-made for different payment methods for buyers,the demonstration units of this residential project will open to the public tomorrow to visit,the sale arrangements will be announced later.
The first batch of 192 units with the discounts starting from 10.88%
SHKP Acting Assistant General Manager Chan Hon Lun pointed out yesterday that the first 192 units of The Wings IIIA included units with 1 to 3-bedrooms interval,of which units with 3-bedrooms interval accounted for 12 units and in response to the market demand,offer different payment discount of the units which involved in HKD $7.5 million to the first-time buyers and buyers who wanted to change their flat.He also said,in order to gauge the price,the market value of the first 192 units of nearly HKD $1.7 ten billion.
According to price list shows the first 192 units of The Wings IIIA,the units with 1 and 2-bedrooms interval priced at HKD $7.5 million or below accounted for 62 units,representing approximately 32% the total number of units launched,of which one room with the salable area of 355 feet to 366 feet,priced at HKD $ 4.921-HKD $5.299 million,included developers offer discounts of at least 10.88%, a room discounted entrance fee of about HKD $4.38 million,as for the units with 2-bedrooms interval with the salable area of 541 feet,priced from HKD $6.554 million to HKD $7.243 million,included in the discount, discounted admission fee of HKD $5.84 million.Regional estate agent said the admission price of these units with about approximately 16.5% lower than the units with two rooms interval of The Wing Phase 1 which prices at least HKD $7.0 million.Such of the units with the maximum discount for Hong Kong buyers and mainland buyers of 13.05% and 23.55% respectively.
As for units with 3-bedrooms interval which welcomed by the buyers who wanted to change their flat accounted for 130 units,accounting for about 68% of the total number of launch units,of which units with three rooms interval of The Wings Extreme accounted for 12 units,with the salable area of 964 feet, priced at HKD $1.2882 ten million and HKD $1.3463 ten million, included developers to provide at least 11.68% discount discounted admission fee of about HKD $1.1377 ten million.The units with 3-bedrooms interval with the salable area of fine area of 846 feet to 856 feet, priced from HKD $1.078 ten million to HKD $ 1.2395 ten million,with the discounted entrance fee of about HKD $9.52 million. Such units provided the maximum discount of 14.25% and 25.45% for the Hong Kong and mainland buyers respectively.
The Wings II will notice the repossession next month
Chan Hon Lun also said The Wings Phase II will begin sent letters to buyers for repossession next month,the Club Apus will open to the buyers in priority to visit this weekend.
Midland Senior Regional Sales Director Siu Yui Yin said that the sq.ft price of the first batch units of The Wings IIIA close to the utility price per square foot of about HKD $14,000 to HKD $17,700 level of the second-hand units of The Wings Phase 1,the unit located in Flat E,Upper Floor,Tower 8 of The Wings Phase 1 which transacted in the earlier days,with the area of about 617 feet,cost about HKD $8.98 million,the price of about HKD $14,600 per sq.ft,as for the other unit located in Flat A,Middle Floor,Tower 6,with the utility area of about 874 feet, the transaction price of approximately HKD $1.55 ten million,with the practical price per square foot for about HKD $17,700.
Midland Realty said the owners of The Wings Phase 1 have not put their unit on sale anymore
He pointed out that markets expect the new property sales debut,Tseung Kwan O atmosphere watching the property market in recent months,there are a number of owners of The Wings Phase 1 have not put their unit on sale anymore,the impact of the sale of second-hand units dropped to about 65.the units with 2-bedrooms interval of The Wings Phase 1 with the entrance fee of about HKD $7.3 million,three-bedrooms units with the entrance fee of about HKD $9.9 million.As for the indicators housing estate Metro City Plaza,with the sq.ft price of HKD 11,000 to HKD $13,000 currently,due to there are a lot of second-hand owners in Tseung Kwan O held wait and see attitude,so the recent trend of second-hand trading was quiet,hastening in the new property sales,it is expected the second-hand tradings in the area will fall into the frozen state in short-term period of time.
On the other hand,Mont Vert Phase 1 in Tai Po which developed by Cheung Kong will put 8 units up for sale in form of first-come first-sell tomorrow as the market response was well received,Cheung Kong spokesman yesterday said it plans to launch the extra units on sale in the short term period of time.
