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The new property 13 cases of rescission within one month, the buyer of ULTIMA(Phase 2) lose 3.47 million

Squarefoot Editor  2016-04-13  5.8K #Tips For Transaction
news (reporter Liang Yueqin) global economy kept hidden, the local property market downward pressure, frequently by developers and promotions Clearance push real estate buyers to buy later under more fear level in recent months, new property on sale now repeated rescission. Among them, the focus of the Ho Man Tin, following the mass residential real estate ONE HOMANTIN even recorded four cases of rescission, luxury real estate ULTIMA(Phase 2) casting reproduction rescission, has recorded two, developer Sun Hung Kai Properties was set to kill a total of $5.2 million. Over the past month, all new buildings at least 13 cases of rescission, the developer was contracted to kill $9.65 million.

According to the register display residential sales, luxury real estate Ho Man Tin ULTIMA(Phase 2) and then recorded for rescission, Room C,12/F,Block 3,3-bedroom units, 1st of this month to $34.537 million to sell, but the deal again no progress expected 5% deposit, which was $1.726 million developers confiscated.

Ho Man Tin, Yuen Long, concentrated

The last month has been real estate rescission cases, unit B, 19th Floor, Block 2, sold $69.455 million, but no progress transactions, batch 5% deposit, ie up to $3.473 million was confiscated developers, can be considered the most hurt . This rescission amount sufficient to buy the same Sun Hung Kai development in Yuen Long Twin Regency a salable area of ​​303 sq ft open units.

ONE HOMANTIN Up

In addition to casting ULTIMA(Phase 2), the area of ​​small and medium sized residential real estate development by the WPL ONE HOMANTIN had earlier rescission even recorded four cases total were killed WPL developers will set $1.969 million.

As war clouds hanging over the new real estate earlier in Yuen Long, Ka Wah and Sino Land, etc. The Spectra and Sun Hung Kai Twin Regency cooperation are respectively three rescission, the former developer provides a total of $801,000 to kill, the latter also a total the developer was set to kill $570,000 .

Most surprise was sold last November Wheelock's TKO CAPRI, Room C, 8/F, Block 8, actually recorded a tart large set of cases, buyers in just four months lost $1.11 million.

According Transaction register display units by the end of November last year to sell $7.415 million, after the buyer has to pay about the signing of the provisional prices 15% deposit within 90 days, to 120 days to pay the remaining 85% of the property price, but the buyer January 24 decided to terminate the sale and purchase agreement, in other words, feed $1.11 million deposit was confiscated developers.

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