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The Nova first lacunhed out 60 units for sale with an admission fee of HKD $ 8.52 million

Squarefoot Editor  2015-01-09  814 #Tips For Transaction
Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum)Face before and after the opening of the MTR West Island Line,there are a number of new properties put up for sale in the region,The Nova in in Sai Ying Pun Third Street which developed by China Overseas Land and Investment Limited in cooperation with URA yesterday to announce the price list of first batch 60 units,the units with the salable area of 387 sq ft to 855 sq ft, priced from HKD $8.529 million to HKD $1.948 ten million,with the price per square foot of HKD $20,599 to HKD $25,556,the developer provides maximum discount of 12%. Managing Director of China Overseas Land and Investment Limited Yao Wai Kong said yesterday, the first batch of 60 units of The Nova with an attractive asking prices and suitable offer,the units with 1 bedroom to 3 bedrooms interval, next week for the fastest selling arrangement, effective immediately, to accept the subscription and registration is open to the public to visit the demonstration unit, only accept registered in the name of private,each buyers can only purchase up to two units,it is expected 60 units with the market valuation of HKD $7.0 billion. Each person can only buy 2 units with the maximum discount up to 12% Yao Wai Kong said, to meet the needs of buyers,The Nova provide 120 days of cash payment discount, 270 days a cash discount payment and construction of three kinds of payment methods of payment, including the choice of 120 days cash payment enjoy preferential pricing of 6% discount. In addition, stamp duty allowance The Nova provide preferential buyer will receive the price equivalent to 4% of the property as stamp duty allowance. The buyers of first batch units who signed the provisional agreement on March 31 this year,also enjoy 2% special discounts of prices.Therefore, the buyer will receive a total of up to 12% of the property price discount. Small units were welcomed by the buyers,sophisticated investors Lo Wah who held AVA128 in Sai Ying Pun yesterday announced the five small units with 2% of the price increase,this 5 units with salable area from 227 feet to 296 square feet, after the price increase,priced from HKD $5.528 million to HKD $6.69 million. Century Link received votes recorded 39.6 times over-registrations Small and medimum new units in the New Territories recorded hot sale continuously,the second batch of 320 units of Century Link in Tung Chung stopped receiving votes at yesterday 17:00 , even though the units is belong to the second round, market sources, the residential project is still received almost 13,000 votes,recorded 39.6 times over-registrations , as third-highest number of votes received of the new residential project since the implementation of first-hand new legislation. On the other hand,sales director of Chinachem Group Ng Sung Mo said that The Golden Gate in Tai Po launched out the extra 14 units for sale,including the first launch of eight penthouses with salable area of 1,550 square feet to 2,036 square feet, priced from HKD $2,819 ten million to HKD $3,7982 ten million and six layered units,with the salable area of 646 square feet to 851 square feet, priced from HKD $9.857 million to HKD $1.6052 ten million, coincides with the New Year approaching, Chinachem Group joined this March 5 this year, on or before the date of the signing of the provisional sale and purchase agreement of the buyer will receive a discount an additional 2.5% discount based on the Chinese New Year home offers, the choice of 60 days according to the buyer payment plan item price minus a 10% discount, as well as "ad valorem stamp duty allowance" discount of 7.5% or 8.5% discount, will receive a total of 19% to 19.9% discount. This offer of 127 units,44 units have been sold since it has been put up for sale early last year,cashed in of about HKD $3.5 billion. Redhill Peninsula in Tai Tam will be uploaded the sale brochure today He also said,Redhill Peninsula mansion project in Tai Tam which developd by Chinachem Group in collaboration with the Wong family of Sino Land for over 20 years,will be uploaded the sale brochure today,it is expected to have offer next week,the first batch involved in at least 50 units. He said Eden Gate in Kowloon Tong will repackage with manion development,it is expected the prices and favorable will have no changes,will be launched out for sale after open the demonstration units in in March and Inverness in the same area is also expected to launch out for sal in the Lunar New Year,as for mansion project Jade-Cove in Tuen Kun also will launch out in July this year. In addition,Henderson Land have adjusted the price list of 39 Conduit Road in the West of Mid-Level yesterday,reducing the purchase of individual residential units designated parking concessions by 70% discount changed into 85% discount,which mean with the price increase in disguise.
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