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The developers launched out a number of parking spaces from residential properties for sale in order to meet the sales target

Squarefoot Editor  2014-10-19  #Tips For Transaction
Hong Kong's Wen Wei Po (Reporter So Hung Chung)The end of this year is approaching,the developers in order to meet the sales target and cash in,in order to produce a good annual report cards,for which the implementation can sell all sell, sell the residential units and parking spaces together.double Cove Starview in Wu Kai Sha have launched out the third batch of units for sale yesterday,sold at least 91 units,it is expected it will launch out the extra 100 units for sale in order to meet the market demand.As for 8 LaSalle in urban are also launched out 16 units for sale on the same day,as for Deauville by Ting Kau yesterday also uploaded the sale broche(see draft),it is expected it will be on sale within this season.On the other hand,The Belcher's in the West of Mid-Level have divested 200 parking spaces (see draft),it is expected it will cash in more than HKD $3.0 billion for developers. double Cove Starview which developed By Henderson Land, New World and Peterson Group have launched out the third batch of units for sale yesterday, involving 120 units.Before 2 pm yesterday,there are a number of prospective buyers arrive at the sales office in Wu Kai Sha to register,at the scene can see, there are many young prospective buyers as well as a family have arrived at the scene,the atmosphere was lively. Double Cove Starview have sold 91 units within a day Market sources, this batch of units have received more than 1,500 votes a few days ago,recorded more than 11 times oversubscribed,yesterday now sell at least 91 units,accounting for 75% of these flats. Henderson Land general manager of Sales (a) Department Lam Dak Man said this batch of units on sale first hour,more than 70% of the units were subscribed,of which the small units are especially popular and the buyers attendance rate of 80 percent,among the prospective buyers also appear Mainland visitors and corporate customers,so feeling optimism of the sales. The optimism sales brewing the extra sale The developer revealed that this residential project will add the forth price list today as the fastest time,involving more than 100 units,the pricing increases remain restrained. Asked whether 'Occupy Central' have impact on the sales,he was referring to several rounds of sales are driven by home-use buyers, 'Occupy Central 'is not shaken the confidence of home-use buyers and said with a smile,'good to live in suburbs,there will not have traffic jam'. Acting industry also believes that the political turmoil did not affect sales in the primary market.Midland Realty Chief Executive Officer of Residential Department Pu Siu Ming said that due to the first-hand property purchasing power sustained,so this third batch of units are still attracted a large number of buyers,85% of its customers are from the New Territories,Kowloon regards and New Territories accounted for about one a half.But home-use buyers have slightly increased this time,accounted for about 80%, the other is the time of the first registration of guests attending the rate of about 65%, many of buyers from the previous batch of sale have entered the vote again,accounting for 80% of the line source. However,the second-hand property tradings in Ma On Shan continued weakness this month, temporarily recorded approximately 20 transactions, dropped by almost half when compared to about the same period of 40 last month . The recent 'Occupy Central' increasingly intense action,it is believed that there will be some owners are willing to cut prices or increase the bargaining space, while some investors expected the market attitude also slightly affected. As the firts-hand property pricing were attractive,so that the 'Occupy Central' only have limited impact on the property market. 8 LaSalle launched out 16 units for sale and sold 2 units so far Faced with strong competition of new properties in New Territories over customers,the pace of urban expansion tray to maintain the established sales activities, Kerry's 8 LaSalle in Ho Man Tin have launched out the second batch 16 units or sale yesterday and sold 2 units so far.As fro the other new property transactions in other districts,the message refers to The Pavilia Hill in Tin Hau and Mont Vert in Tai Po have sold 2 units,as for The Visionary in Tung Chung and Park Metropolitan in Kwun Tong have sold 1 unit respectively.In conclusion, these six new properties have sold a total of 99 units. Market sources,8 LaSalle have sold 2 units yesterday,one of which is located in Flat A,18/F,with the salable area of ​​1,708 feet, is priced at HKD $6.30 ten million,with the discounted sq.ft price of HKD $ 6,885,another unit located in Flat B,17/F,with the practical area of ​​1,020 sq.ft., priced at HKD $2.9 ten million, equivalent to HKD $28,431 per square foot.
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