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The second round units of AUSTIN sold out in 2.5 hours

Squarefoot Editor  2014-06-26  131 #Tips For Transaction
Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum)New Property continued to hot sales,the second round 85 units of GRAND AUSTIN in Austin Station on sale at 14:30 yesterday,until 17:00 yesterday just 2.5 hours has been fully sold out, cashed in of about HKD $1.7 ten billion.This property project has sold 290 units in just five days,cashed in of more than HKD $5.473 ten billion.Developers announced to launch out 149 units on sale last night,the units with salable area of 623 feet to 1,293 feet,priced from HKD $1.375 ten million to HKD $4.5127 ten million and with a maximum of 18.5 percent remains of the original (2 rooms) or 19.5% (3 bedrooms ) discount. These units will be on sale on this Sunday. The developers launched out the extra 149 units on sale Wheelock Properties managing director Ricky Wong said yesterday,the second round 85 units of GRAND AUSTIN have a smooth process on choosing flats, there are five customers have bought two units or more, one of the buyer spent more than HKD $5.8 ten million to purchase 2 units with 4 bedrooms interval.He continued refers the goal of this year is to be sold 500 units,in just five days sold 290 units,cashed in of more than HKD $5.473 ten billion,more than 90% of the buyers have chosen the installment payment. On-site sources,Kara OK Newway second son,Sin Ka Lun have drawn 47 chips and arrived at the scene,but have not chosen any flat. Midland Realty Chief Executive Officer of Residential Department Pu Siu Ming said to count with the company entering the votes,the attendance rate of about 50% yesterday,20% of investors,some of the investors plan to buy units with two -bedrooms interval for rental-use,with the region sq.ft rent of HKD $50-60 for calculation,the unit with about HKD $1.0 ten million to HKD $1.2 ten million with a monthly rent of up to HKD $30,000,the rate of return of about 3.5% per annum. Centaline president of Asia Pacific Residential Department Chan Wing Kit said the buyers from their group who entered the votes with an attendance rate of about 60%,the rate of choosing flat of 80%,there is a group of customers to buy two units with 4 bedrooms interval,the proportion of mainland buyers was fewer when compared to the previous period,accounting for 10%. Th sale of MacPherson Place was not active On the other hand,,the KDC announcement last Sunday that MacPherson Place in Mong Kok added to the stamp duty payable buyers (BSD) to provide an additional 15% discount off the company and outside the suction force buyers. This property project have re-launched 50 units yesterday,sold only two units, of which one unit was bought by the people from Macao.According to its latest price list shows that up to 10.5% of total domestic buyer discount unchanged, but the first 10 BSD purchasers designated units receive an additional 15% discount, as "100% buyer stamp duty allowance", along with other benefits, total discounts up to 19%,compared with local customers,recorded nearly 10% more. Kowloon Development Company Limited General Manager of Marketing and Sales Yeung Chong Wing said,intends to attract buyers from Macau and mainland,begin to make roadshow in relevant areas,the proportion of non-local buyers of the project can expect to be rose nearly 10% to 20%. 170 units of Mayfair by the sea have received over 2,000 votes As for the second round 170 units of Mayfair by the sea Phase 2 in Tai Po which developed by Sino Land and K.Wah,the deadline for subscription yesterday,the sales office atmosphere is good.Sources,this batch of units received over 2,000 votes,10.7 times over registrations.According to the price list information,170 units of Mayfair by the sea on sale today,with the an average sq.ft price of HKD $14,911,after deducting the highest discount,with the discounted average sq.ft price of HKD$12,041. As for the other new property transactions,City Point and Park Signature sold two units respectively,The Avenue,The Reach,Residence 228 and Harbour Pinnacle sold one unit respectively.
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