（By Liang Yueqin）
According to the latest data from Rating and Valuation Department (RVD), the property index in May sharply rose to 246.8 of historical peak, plus with government relaxed DSD house changing term which benefit the house changing market, leading first hand property hot sales, and developers also take the advantage to additional launch more with mark up. Park Ivy in Tai Kok Tsui which was relaunched by price cut of 10% additional launched 50 units by mark up last night, and it will put on sale 100 units on this Saturday. Yesterday, GRAND AUSTIN in Austin Station modified the price list of June 25th and the sale arrangement made at night before yesterday, and put on sale 76 units on this Saturday with 2 among are just added, while the average sq ft price is higher 2% than of last batch. About Lanshan I in Tai Po which planed to be launched in July will put on sale mostly three rooms units in first batch to attract house changing customers, and they will arrange secondary mortgage.
The Associate Director of Sales Department of Sino, Tian Zhaoyuan expressed yesterday, since Park Ivy in Tai Kok Tsui announced the price list of the 50 units at last Friday night, the market reaction has been hot, and the lowest price for open style unit is about HKD 3.42 million after discounts, while for one room unit the lowest price is HKD 4 million. Source pointed, more than 1,300 applications have been collected, about 80% among are from young people and branch families currently lived in projects of Olympic Station, and most of them are users. He said, the project slightly additional launched more by mark up last night including two rooms units and feature units because of the hot reaction.
Source told Park Ivy had received more than 1,300 applications.
He pointed, Mayfair By The Sea I in Tai Po of the same series additional launched 85 units at night before yesterday at sq ft prices from HKD 13,270 to HKD 56,591, and the sq ft prices are from 10,715 to HKD 45,697 after the most discount of 19.25%, sky room A of 17th floor in block 5 among is at HKD 124.544 million, with usable area sq ft price at HKD 48,937 and at HKD 39,516 after the most discount of 19.25%, being the latest peak sq ft price of floor style units in New Territories. The total amount of these 85 units is about HKD 2.1 billion according to the price list, he said. In the past two weeks, Mayfair By The Sea I and II have sold nearly 650 units, taking in about HKD 7 billion, he expressed.
Cheung Kong is considering cooperating with company of same series to provide secondary mortgage for the customers of first batch of Lanshan I in Tai Po which will be put on sale within this month, including low interest privileges and so on, and believed it can help house changing customers, Liu Qiwen who is the Investment Director of Cheung Kong expressed. He said, the first batch will be mostly three rooms units to meet house changing customers' demand. Large projects over 15 years old along Tai Po and Sha Tin rail way line supply more than 30,000 units, showing there are large number of house changing customers in the market, added by He Jiaxin, the Senior Sales Manager of Cheung Kong. She pointed, about 72% of Lanshan I are three rooms units, which are about 766 units, and these units are in two styles of layout in usable areas from 736 sq ft to 949 sq ft.
Reserved units of AUSTIN are into the market again.
Yesterday, GRAND AUSTIN in Austin Station developed by Wheelock, New World and MTR modified the price list of June 25th and the sales arrangement of the 74 units additional launched at night before yesterday, increasing houses that will be put on sale this Saturday by 2 units to 76 units, and the added 2 units are room A of 8th floor and room D of 9th floor in block 5 which are reserved before, room D of 9th floor among was launched with mark up pf 1% from HKD 15.951 million to HKD 16.111 million, while developer maintains the original discounts, and the usable areas of the 74 units additional launched at night before yesterday are from 623 sq ft to 1,474 sq ft. The average sq ft price of the 74 units additional launched at night before yesterday is HKD 32,678 and at HKD 26,350 after discounts, with average mark up of 2%, the sq ft price of room A of 32nd floor in block 2 among up to the latest peak since this project opened, and this unit is HKD 60.887 million and at discounted sale price of HKD 49.014 million, with sq ft price at HKD 40,591 and discounted sq ft price at HKD 32,676.
Swire Properties sold 1 unit in MPR at HKD 33.16 million.
About first hand property transactions, Swire Properties sold room A of 11th floor in MOUNT PARKER RESIDENCES at HKD 33.162 million yesterday, while Kerry sold room C of 11th floor in block 1 of The Summa at HKD 20.3715 million. In addition, The Long Beach sold 9 units, Park Signature sold 5 units, Mayfair By The Sea and the Reach each sold 3 units, while City Point, Billionnaire Avant , EIVISSA CREST and The Summa each sold 1 unit.
