New properties hot sale,it is expected tenants accounted for 30%,2-bedrooms units fully sold out first
Hong Kong's Wen Wei Po (Reporter Leung Wai Chung,Leung Yuk Cum)There are still strong demand for the new units involved in small and medium amount of cash,the new property which first put up for sale this year have recorded hot sale. The first batch 300 units of Century Link which have recorded 14,000 votes received,with the price 105 lower than the second-hand property prices have put up for sale yesterday, at 10:30 am priority in flat after the draw schedule to 5:00 sold out in seven hours,followed by a 2-units rejection slips, but also re-sell at 6:00.
Century Link on sale this time, the developers SHKP still choose to ICC Kowloon Station to be the place for the buyers to choose flat,reporters at the scene saw yesterday morning, 8:30 in the first round group A total of 380 prospective buyers to wait for the draw in flat, there is no appeared in the past for a long time in the parking lot,like milling around scene.short waiting time when compared in the past, have to see improved sales arrangements.The first batch of units includes one-bedroom to 3-bedrooms interval,with the salable area from 408 feet to 644 square feet, priced from HKD $4.2396 million to HKD $7.477 million,of which is eligible for installment payment up to 10.5% discount, one-bedroom unit with the discounted admission fee of only HKD $3.668 million,which is one-bedroom unit with the most cheapest admission fee in Tung Chung.
It has recorded two units canceled the transaction
Site sources, the first round of the 380 groups of buyer have arrived at 10:00 am in the morning,immediately arrange ballot priority in flat, at about 10:30 am start choosing flat,all the 2-bedrooms units have sold out at 14:30 ,until 15:00,has been fully sold out at 17:00 when the 351 chip.
Buyer who held the chip have spent about HKD $1.5 ten million to buy 2 units with 3-bedrooms interval,located in Room 2801 and 2901 of Tower 3A respectively.Buyers are coming from the other districts. Because this residential project with the construction period of about 11 months, about 30 percent are investors, about 10-15% buyers buy two units and there are 4-5 foreign buyers to buy.News that, after it have fully sold out at 5:00 yesterday, there are two units canceled the transaction, but 6:00 is sold out,in other words,the first batch of 300 units have fully sold out.
It have appeard one buyer bought 2 units continuously
Centaline Asia Pacific president of Residential Department Chan Wing Kit pointed out yesterday,the customers from Centaline with an attendance rate of 80-85%,the buyers mostly for home-use,investors accounted for about 20-30%, but also no shortage of one buyer bought 2 units.He pointed out that, as many people choose to draw the votes of HOS and Century Link, Century Link have received more votes, so the second-hand properties in the New Territories which involved in HKD $5.0 million or below have fell 50% during Christmas holiday.
Midland Realty Chief Executive Officer of Residential Department Pu Siu MIng said that buyers from the group with the attendance rate of 80%, the ratio among investors accounted for 35% higher than the proportion of households in the past to buy a two-bedroom rental is high, investors tend to, in the same district sq.ft Rent there are HKD $30-35,more than 3% rental return there. He was referring to a group of Midland Realty also got investment clients outside the region, promising project leasing and appreciation potential, denounced about HKD $4.92 million and HKD $4.84 million to purchase two 2 bedrooms units,intended the units for rental purposes. Century Link hot sale which cause the second-hand property tradings in Tung Chung have frozen,Century Link receiving votes for about one week,the second-hand property tradings in the region recorded only two transactions,fell 90% when compared to 20 transactions usual.
Benefit by Century Link on sale,The Visionary in the same district which developed by Nan Fung Development yesterday also sold three units,all of the units are with 3-bedrooms interval and located in Tower 2,with the salable area of 1,144 sq ft to 1,194 sq ft, the price of about HKD $8,058 to HKD $9,751 per sq.ft. As fro the other new property transactions,Mayfair By The Sea in Tai Po sold 3 units,City Point in Tsuen Wan sold 2 units,The Wings IIIB,THE PARKSIDE in TKO,Dragons-Range in Sha Tin,Park Signature and The Reach in Yuen Long have sold a unit respectively.