Hong Kong's Wen Wei Po News (Reporter Leung Yuk Cum) Developers have begun to adapt to the new legislation,so they accelerate the pace of
pushing sales.According to first-hand residential property sales site,New World in The Riverpark in Sha Tin,Kerry Lions Rise in Wong Tai Sin and Wing Tai The Warren in Tai Hang No.3 Warren Street have been uploaded new brochures,ready to re-launch.As the second period of
Century Gateway in Tuen Mun has just been granted the sales of paper,developers take advantage of Sun Hung Kai Properties first period of Century Gateway occupied soon,has opened a private club Charter Club guests to a landlord visit,tomorrow will be open to media tour,for the deployment second-period sales as "soft-off."
Since the primary residential sales of new properties launched at the end of April this year,Sino land haven't launched the unsold flats and new properties yet,it is learned,seond-period of Century Gateway is stepping up production of brochures draft and handed over to the MTR,waiting for the approval,the second-period of Century Gateway have three blocks,providing a total of 911 partners.
Sun Hung Kai Properties open the clubhouse 'soft-off'the second-period of Century Gateway
Market participants pointed out that Sun Hung Kai Properties still got many new properties are considering to launch the sale during the year,such as the Cullinan at Kowloon Station still have one block not put on sale,as well as Kennedy Town Belcher's Street No. 68 Imperial Kennedy,therefore,as for second period of Century Gateway will become the new property of Sun Hung Kai Properties launch after a "first strike" or not,it still depend on its preparatory work,and deployment In addition,comprehensive market news and first-hand residential property sales site shown The Reach in Yuen Long sold two partners yesterday.
SRPA:Still understanding the event of De Yucca
On the other hand,for the market doubts about De Yucca in Shatin assignment and sublease way to escape the internal primary residential property sales ordinances,primary residential property sales Authority yesterday responded that,the first-hand residential property sales EAA is still understanding about the incident.If any suspected breaches,sales EAA will conduct an investigation.Sales EAA is not entirely clear that the commercial details of the transaction before the inquiry,would not comment on the case.
First-hand sales regulations exemption threshold appropriate
According to first-hand residential property sales ordinance,regulation does not apply to those in which at least 95% of the residential property to obtain occupancy permit from at least 36 consecutive months,or an aggregate of not less than 36 months for rental use residential development projects.Authorities had in the regulations made under the exemption is given to the real estate industry believes that if the seller after the completion of first-hand residential properties,not to dispose of them,but has been the residential property leased for a period of reasonable length of time,the property actually Used property is no different with its sales should not be included with the same hand residential properties regulatory regime. Administration accepted the views of the industry,but still think that it should set a higher threshold for the exemption to ensure that the seller will not be sold by a slight delay in the development of projects to evade Ordinance.Administration considers the exemption threshold appropriately.
Sales Authority considers that Hong Kong residential property market is constantly changing,the exemption threshold is effective on preventing primary residential property owners to abuse the exemption clause in order to avoid regulation of the Ordinance.
