Kong Wen Wei Po News (By Liang Yueqin and Cai Jingwen)
New projects are still hot since developers attracting customers by tax privileges. Lin Damin (Right), the Sales General Manager of Henderson, expressed Double Cove Starview in Ma On Shan had received more than 6,000 applications for its first 175 units until last 8 pm, exceeding 33.2 times than the quota and becoming the hottest after Residential Properties(First-hand) Sales Ordinance implemented. The application for this project will be closed at 8 pm today.
The additional launch arrangement may be announced on this Sunday.
Lin Damin expressed, Double Cove Starview had received 5,200 applications for its first 175 units until last 4 pm, exceeding 28.7 times than the quota. However, he emphasized being hottest is not selling goal, and the draw lots will be in Friday, while house selection estimated to process by stages, which will be about 200 to 300 in first stage to make sure the good house selection order.
Although the reaction is ideal, he pointed not to additional launch currently to process house selection on Sunday. Additional launch arrange may be public on Sunday to avoid too short in interval and complicated withdrawal procedure.
DIVA and The Summa received over quota applications.
DIVA in North Point received more than 130 applications for its first 36 units, exceeding 2.6 times than quota, and application will be closed this afternoon. Cheung Kong additional launched 18 units yesterday, in average usable area sq ft price of HKD 24,242, which will be HKD 18,182 after the most privilege in 25%, in usable areas from 506 sq ft to 739 sq ft, with the lowest price for 2 rooms unit at HKD 11.6 million and its discounted price at HKD 8.7 million, and the lowest price for 3 rooms unit at HKD 17.03 million and discounted price at HKD 12.77 million. Sale will be at 3 pm Sunday by first arrive first served. Kerry's The Summa in Midlevels West also had about 120 applications for the first 50 units, exceeding 1.4 times than the quota. As for other new projects, The Avenue in Wan Chai sold 1 unit yesterday.
Private presale property mortgage sharply rose 75%.
In other point, developers speeded up the sale of new project in the fourth quarter of last year, making demand for presale mortgage rise. Research Department of Centaline Property pointed, the register of private residence presale mortgage contract in last December were about 609 cases, sharply rose 75% or 260 cases by month, hit the top in half year, and the number was predicted to continue rising.
Last month, the register of private residence presale mortgage contract were 3,135 cases, deducting presale project occupation mortgage and first hand ready flat project like i·UniQ Grand the Riverpark and so on, the company estimated second hand private residence ready flat mortgage were about 3,000 cases, down 100 cases than of last month. The number is the lowest in 22 months. In addition, mortgage register of Home Ownership unit, Sandwich Class Housing Scheme unit, Tenants Purchase Scheme unit were about 720 cases.
Register of property mortgage contract in December were 4,397 cases (not include presale property). Bank of China undertakes 781 cases, taking 17.8%, HSBC(Hongkong and Shanghai Banking Corporation) handles 727 cases, taking 16.5%, Hang Seng Bank operates 706 cases, taking 16.1%, and Standard Charted Bank in charge of 557 cases, taking 12.7%.
