(By Yan Lunle, Liang Yueqin)
Developers take the advantage of new project hot to additional launch more. Yuen Long the Reach additional launched 34 units yesterday, 16 among will be put on sale this Saturday. Besides, Sha TinDragons Range raised the prices of four units in 929 sq ft by 0.8% to 1.5%, and Tsueng Kwan Corinthia by the Sea also increased one unit in 976 sq ft by 3.5%, which will be put on sale this Saturday. Registration for Cheung Kong's VIVA in Hung Hom closed last night, source pointed, 850 registrations had been received, exceeding 16 times of the first batch 50 units. New World's SKYPARK in Mong Kok is preparing for brochure, and will start sale in July.
Corinthia by the Sea increased price by 3.5%.
Sino and K.Wah's Corinthia by the Sea in Tsueng Kwan has launched 515 units and had sold more than 500 units within one week, taking in about HKD 4.8 billion. About 10 left which are 1 floor style standard unit and 9 feature units. Developer will publish the sale arrangement of these 10 and the remaining pending 21 units. Last night, developer increased the price of room C in 15th floor block 3 by 3.5%, which is in usable area of 976 sq ft and in HKD 18.779 million after markup, and they will put on sale it this Saturday.
75% of the buyers are users while 25% are investors, about 20 groups among bought 2 more, and the largest transaction is selling 4 units at once, the Sale Department Associate Director of Sino Tian Zhaoyuan expressed. When was asked if there would be any markup, Tian Zhaoyuan only expressed depending on the state. He pointed, the most expensive unit in Corinthia by the Sea is room A in 20th floor block 5, which is in usable area of 1,184 sq ft and sold at about HKD 25.6679 million or at sq ft price of HKD 21,679, besides there are feature units left, price of which may be raised.
Sino's next new project will be Midlevels West Conduit Road 53, which provides 27 units mainly in layout of three rooms to four rooms, and they are applying pre-sale consents, later will trial sell it next month, while in the third quarter they will launch it by ready flat, he said. Sai Kung two projects in same series each supplies about 300 units mainly of small-medium size, which will be launched in the second half year.
The registrations for VIVA's first batch exceeds 16 times than the quota.
Registration for first batch 50 units of Cheung Kong's VIVA in Hung Hom closed last night, sale of which will start tonight, source pointed, 850 registrations had been received, exceeding 16 times. Yuen Long the Reach developed by Henderson and New World and so on additional launched 34 units last night, which are located in block 6,7,8,10 and in usable areas from 743 sq ft to 1,940 sq ft, and the sales prices are from HKD 8.127 million to HKD 36.737 million with the highest discount at 2%, 16 among will be put on sale by first arrive first served on this Saturday.
Yesterday, Sha Tin Dragons Range developed by Kerry and so on raised prices of 4 units in 929 sq ft by 0.8% to 1.5%, the sales prices are from HKD 16.42 million to HKD 18.18 million after mark up. Besides, yesterday, Hung Hom Homantin Hillside sold room B in 15th floor block 1 at more than HKD 21 million, which is in usable area of 926 sq ft and at sq ft price of HKD 22,687, and the buyer lives in Hong Kong Island who bought this unit for long term renting.
