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The sale of The Avenue discount the price is effective,launched the extra 110 units in an original price

Squarefoot Editor  2013-11-23  6 #Tips For Transaction
Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum) New properties free of taxes and lower than the second-hand properties price is working,The Avenue which is the project in cooperation with Sino Land and Hopewell Holdings Limited launched the extra 110 units in an original price,after discounted up to 17.5%,with an average price of $19,507 per sq.ft,coupled with the first batch of 220 units,this property have launched out a total of 330 units.Market sources,as of 20:30 last night,have recorded about 500 registrations,exceeding the 330 units which have launched out of this project. According to the price list shown,the extra 110 units of The Avenue which launched out yesterday,located in Tower 2 and 3,with salable area of 339 feet to 760 feet,after discounted,priced from $6.33 million HKD to $1.490 ten million HKD. The Visionary and The Long Beach have satisfactory result on collecting votes As for Nan Fung Development The first batch of 318 units of The Visionary in Tung Chung keep on collecting votes yesterday,market sources,has accumulated over 500 votes in the past two days,0.57 times over- registrations. In addition,Hang Lung launched the extra 30 units of The Long Beach in Tai Kok Tsui on Tuesday,as of 12:00 pm yesterday closedb the votes,and start balloting at 3:00 pm in order to arrange the priority list.The spokesman of Hang Lung said,received a total of 121 votes,3.03 times over- registrations,this batch of units will arrange buyers to choose the flats at 10 o'clock this morning,and this batch of units can receive discounts up to 16%,with an average price of $15,500 HKD per sq.ft after discounted. As for other new properties,yoo Residence in Causeway Bay announced to cut the tax incentives,November 25 until December 15 rebate from the current 7.5% reduced to 3.75%.In addition,first-hand residential property sales information network show,The Austin at Austin Station sold 2 units yesterday,which located in Flat A,9/F,Tower 1,priced at $1.2808 ten million HKD;and the other one located in Flat B,15/F,Tower 1,priced at $2.2857 ten million HKD. 11 Floor of OPUS Hong Kong expected to sold in $4.7 billion HKD The new mansion launched out on sale,OPUS Hong Kong of Swire Properties which located in No. 53 Stubbs Road in Hong Kong 's Mid-Levels East,uploaded the sale broche and announced the sales arrangements last night,also launched out the 11 units on sale in tender form of according to the first-hand legislation,began accepting bids from yesterday,closing date is December 12.Market participants estimate that the unit reference price of approximately $4.7 billion HKD,$86,900 per sq.ft,with a salable area of 5,409 feet. According to the latest broche uploaded by OPUS Hong Kong shown that there are a total of 12 units available in this mansion,from the ground floor to the 12th floor (not including the fourth floor) are for residential use,of which,the ground and the first floor duplex with 2 units households.As for the second floor to the 12th floor,a total of 10 large units,Project design using one unit per floor,due to the fact that the property appearance have features design,so each unit has different areas,ranging from 4,819 feet to 5,444 feet.Swire Properties spokesman said the group plans to make OPUS Hong Kong for rental only,so only consider the price which reached down into a reasonable level,before deciding to sell the property. OPUS Hong Kong sold 2 units last year,which located in 8 Floor sold in $4.3 billion HKD on April last year,salable area of ​​5,404 feet,$79,571 per sq, ft.As for 9 Floor which have recorded a new high of Asian tiered floor record,sold in $4.55 billion HKD with the form of leases on October last year,5,347 feet of usable area,the price of $85,094 HKD per sq.feet.In addition,the British Consul-General spent $720,000 per month renting the lower floor of OPUS Hong Kong,with salable area of ​​approximately 4,600 feet,rental price of $156 per sq.ft,this price is just a bit lower than the price of Penthouse households of 39 Conduit Road in Mid-Levels West,recorded the second place of the highest rental price of stratified households in Hong Kong.
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