（By Liang Yueqin）
New projects in New Territories compete again. After Sun Hung Kai planed to put on sale 911 units of Century Gateway phase 2 in Tuen Mun, Double Cove phase 2 in Ma On Shan developed by Henderson and New World will possible be approved for selling their 865 units of The Oakridge in short term and the sale may be in this month. Lin Damin, the sale manager of Henderson expressed, Double Cove The Oakridge is estimated to supply tax privilege, with first batch at least in 170 units.
Lin Damin pointed, developer subsidizing some or all of the stamp duty became a major privilege method, and Double Cove The Oakridge has chance to supply tax privilege. As for there is another new project being put on sale in New Territories at the same period, he believed, the location and customer source are different, so the property market will in stable development.
He expressed, Double Cove The Oakridge includes 4 residences which are building 18-21, supplying 865 units all viewing to The Oakridge, with most are in one room and two rooms layout. About Double Cove phase 1 had sold 80%, he said, since the occupation of Double Cove phase 1 will be in next year, so they will put on sale Double Cove The Oakridge first before the selling the stock units of the phase 1. Talked about 39 Conduit Road in Midlevels West will relaunch 8 units in this Friday night, Lin Damin expressed, 500-600 groups visitors of this project registered in the past weekend, including mainland customers.
The Avenue gained 5.1 times of applications above quota.
Besides, application for the third batch of 220 units of The Avenue in Wan Chai cooperated developed by Sino, Hopewell and URA will be closed 3 pm today, and the sale will start at 11 am tomorrow. According to market source, until 6:30 pm yesterday, more than 650 applications registered in one single day and more than 1,350 applications registered in total, exceeding 5.14 times than the quota. Tian Zhaoyuan, the Associate Director of sale department of Sino, expressed The Avenue will sell 220 units in the third round, including one room compound feature unit which firstly launched at discounted lowest cost at about HKD 12.2182 million, with the average sq ft price at HKD 20,922. As for Sino's The Graces Providence Bay in Tai Po, it sold 2 units yesterday, and has sold 90 units taking in more than HKD 2 billion.
Park Signature in Yuen Long additional launched 163 units.
New World's Park Signature in Hung Shui Kiu Yuen Long additional launched 163 units yesterday at average sq ft price of HKD 7,745 after 3% discount for club member and 7% discount for 90 days payment, 37 units with terrace and 4 units with platform among are firstly launched, and room G in 27th floor of building 9 is feature unit with terrace at discounted sq ft price of HKD 10,928, hit the peak of the project. 122 units will be launched first this Saturday, among 9 units are open style, 10 units are in one room layout, 63 units are in two rooms layout and 40 units are in three rooms layout, while the application will be start from the day until this Friday and draw lots will be held on this Saturday. This project has accumulative sold 880 units taking in more than HKD 3.5 billion. The Woodsville and Park Signature in Yuen Long of same series sold 3 units and 1 unit yesterday.
As for other new projects, Chen Yucheng, the sale and marketing director and Executive Director of Wing Tai Properties Limited, expressed Seymour in Midlevels West sold room A joining with terrace in 63rd floor at HKD 103.3 million yesterday to Hong Kong people, and this house is in usable area of 1,738 sq ft, with terrace area in 1,628 sq ft, designed in 5 rooms double suite and includes one parking place, with usable area sq ft price at HKD 59,439.
