Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum) The developers in order to speed up the sale,practices abound.The Nova in Sai Ying Pun which developed by Overseas Chinese and the URA yesterday announced the price of 2% special discounts extended from March 31 May 31, also released before the redevelopment of the site would be sold to the owners of marketing arrangements, will be held April 11 partners from 11 up for sale, according to the batch already registered person shall draw lots to pick their assigned floor to pick within 5 minutes. Sales of First-hand Residential Properties Authority yesterday responded refers not only to encourage the seller to give the batch time before picking residential property owners, because the first batch will put pressure on the owners at the time of choosing unit.
According to sales arrangements of The Nova noted that the intention of the registration has been submitted purchasers who arrange the order of flat selection ballot in at 15 o'clock on March 24, at at 10:00 on April 11 to 11 times to carry out the first round of election, in order not to let the Other registrants be delayed the time of choosing unit,the registered person must make their election within the allocated five minutes. If the person fails to register within five minutes of their assigned election success, the next order of registration will be able to carry out picking residential properties. In order before re-registration of a person to be chosen for residential property, in order than before but failed to elect any person registered residential property can be redistributed within five minutes once again chosen property.
Set limit subject to the former owners of the original site
If the first round of the election is completed and the Provisional Agreement for all of the residential properties are chosen after the signing of the relevant buyer, such as one or more of the remaining unsold residential property one is on April 11 for the day and then plan for the organization belongs INTEREST participants but did not specify the seller by date, time and manner of the intention to submit those purchasers registration; and failing to participate or not in the first-round pick in the first round of the election have chosen any residential property then the second round of the election, it will also make ballot priority in flat arrangement, the same person will only have 5 minutes for flat selection.
Sales of First-hand Residential Properties Authority refers thearrangements should be fair and reasonable
Sales of First-hand Residential Properties Authority responded yesterday, has been very concerned about the primary residential property sales arrangement is fair and reasonable. Sales Authority to focus on development projects in some of the former owners The Nova seller provides marketing arrangements contained in the document, requiring the registrant five minutes choose unit arrangement, the Council does not encourage this because they would create pressure th people at the flat selection . To this end, the authorities will work with the seller to understand the situation and make recommendations, and reaffirmed the seller the right to decide its sales arrangements, arrangements should be fair and reasonable for the basic principles.
Similar arrangements had appeared Park Metropolitan which developed by Sino Land and the URA which sell the units to the former owners of the original site who affected by rebuild,at the time of marketing arrangements specified in flat time only three minutes, Sales of First-hand Residential Properties Authority criticized in November last year.Then REDA and Sino Land explained, due to open pre-project households had promised to rebuild the right to priority in flat, the developers are also three weeks prior to the opening pre-briefed on the customer price lists and marketing arrangements, so have sufficient time to consider the way forward sale merely special cases related.
