Hong Kong's Wen Wei Po (ReporterSo Hung Cheung)Stepped into last month of the first half of year,the developers stepped up to lock the purchasing power,launched out the new property sales in order to meet the market demand.City Point in Tsuen Wan West Station have launched out the first batch of units on sale yesterday,attracting thousands of people visit the sales offices in Hung Hom in order to choose the flat,the queuing line of people have extended to MTR Hung Hom Station.The first batch of 591 units of the new property on sale,sold out fully within nine hours,with an estimated cash of about HKD $4.8 ten billion.
City Point in Tsuen Wan which was developed by the Cheung Kong,after several days of soft sales,have put the first batch of units up for sale yesterday, involving 591 units.Market sources,these units ultimately received more than 14,300 votes, 23.1 times over registration,cashed in more than HKD $2.1 ten billion.The property accepting registration from the buyers starting from 8:30am yesterday morning.The sales office is located in Hung Hom seen, prospective buyers , accompanied by agent filed under admission,very lively,the queues extend along the footbridge to Hung Hom MTR station,there are staff having instructions along the way,the order was cloudy.
The new price list with unchanged deals
Cheung Kong executive director Justin Chiu said that the project be sold within the first two hours,there are over 200 units have been subscribed,the first batch of buyer with an average of about more than one hour on each single solution. SRPA have also sent people to inspect the sales,and expressed satisfaction with the order.Guests are also generally considered ideal arrangement,haven't received any complaints.
Justin Chiu continued refers Group is still targeting 800 units up for sale this year,City Point have put up for sale after this bay,the next project will be the Nan Shan in Fung Yuen,Tai Po,will use the same form to sell Hemera in TKO in the future.He also said that the government proposed to fine-tune the double stamp duty (DSD) to relax the deadline for flat,there is no doubt on the exchange floor to help customers and to stimulate the market to change the flat.
At the site can see,there are a lot of buyers are hoping to change their property,Mr.Chan who have bought a unit with three-bedrooms interval with the price of about HKD $7.0 million said that he just entered one ticket and have received a good chit.As for Mr.Fung have spent about HKD $1.0 ten million to buy a unit with four-bedrooms interval,asked the panel surroundings opinions bluntly households with sea view is better,the other seat to the general.
The property sales this year sales are going to be exceeded the expectation
Market sources revealed that 591 units have fully subscribed within nine hours, the last buyer held a number of 3,000 chit.In view of the sales of enthusiastic,the developers have launched out the third price lost which with a total of units,of which units with four-bedrooms interval accounted for 80,3 bedrooms units accounted for 160 and the remaining are the 2 bed-rooms units,priced from HKD $5.432 million to HKD $1.3262 ten million,the price ranging from HKD $9,714 to HKD $14,642 per sq.ft,with an average price of HKD $12,700per sq ft. These units have launched out the sale with the original prices Developers to maintain the original offer,providing up prices 15.75% discount.Meter to make all concessions,a unit located in Flat C,7/F with the lowest price of HKD $4.576 million.The developer haven't announced the latest sales arrangements yet. If the two batch of sales sold a total 945 unit, noted that the property sales this year sales are going to be exceeded the expectation.
Midland Realty Chief Executive Officer of Residential Department Pu Siu Ming said that this project up for sale,so that there are recent reduction in second-hand tradings in the same district,but the project cause the prospective buyers to accelerate the pace of buying property,it is believed that it has helped the overall market.
Prospective buyers have accelerated the pace of buying property
He also refers to the big split price of second-hand properties in Tsuen Wan in the minority,many owners see attitude,depending on the market reaction this broader market.
As for there are people of the industry have entered the votes for the buyers, CentalineAsia-Pacific president,Mr Chan said that there is the risk of an offense,recently EAA and major agency meetings,made it clear that will be a thorough investigation.The group has also issued guidelines to its staff compliance staff through communications programs and other ways.
