Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum,So Hung Chung) HKMA have moves again in order to add pressure on the property market,the developer have varies attitude,unmarketable units with price reduction,strong sales units with price increase,Tai Hang Road No.339 split introduce standard price 7%,penthouse of the housing estate with the price increase of 2.4%, Kowloon Station Harbourside, Fanling Morrison and High One Grand in Cheung Sha Wan also opt to increase the price. As for 315 units of The Visionary in Tung Chung which will put up for sale this week,have received at least 600 votes,recorded 0.9 times over-registrations.
339 Tai Hang Road with price increase and decrease
New residential project 339 Tai Hang Road in Happy Valley which developed by Lai Sun Development yesterday upload new price list,of which the penthouse which located in 1/F and 2/F of Tower B with the price increase 2.4 percent to HKD $1.71 billion,with the price increase of HKD $ 4.0 million,as for the unit located in 3/F of Tower B,with the area 1,507 square feet,priced from about HKD $5.92 ten million to about HKD $5.506 ten million ,with the price decrease of about 7%. This residential project on March 8 in the form of a first-come up for sale four units..
HKF Morrison in Fanling yesterday also upload new price list, including four unsold units with the price increase of about 2%, the cumulative increase of 31%,as the unit located in Flat E,35/F,Tower 5 for example,with an area of 459 square feet, January of this year to increase from HKD $4.615 million to HKD $5.955 million,more price yesterday to HKD $6.074 million,the cumulative increase of up to 31.6%, and on March 8 in the form of a first-come up for sale six units.with the Department developed by Henderson Land Development High One Grand in Fuk Wing Street, Cheung Sha Wan three unsold units with the price increase of more than 9%, of which the unit located in Flat D,7/F,with an area of 513 square feet, priced from HKD $6.73 million raised to HKD $7.363 million,the rate of increase up to 9.4%,6 units are also in March 8 in the form of a first-come up for sale.
Hang Lung Properties take advantages of luxury market comeback, yesterday announced that the unsold units of The Harbourside with price increase of about 11% to 21% range.Of which the unit located in Flat E,62/F,Tower 2,with an area 826 square feet, priced from HKD $2.143 ten million to HKD $2.5926 ten million,with the price increase of 21%. Also on March 8 by drawing lots up for sale in Block 2 of which five units, the news that the owners used the area immediately increase the price.
The Harbourside can be increased the price up to 21%
Centaline mansion Lam Hoi Fan said The Harbourside substantial price increases this time,stimulating the area immediately upped the asking price of second-hand property owners, such as a unit located in Flat D,Lower Floor,Tower 3,The Harbourside,with the utility area of 1,015 square feet, the original asking price of HKD $1.6 ten million, noted that the new residential unit with price increases After the news, real-time adjustment to the price of HKD $1.920 ten million,with the price increase of 20%.
315 units of The Visionary which developed by Nan Fung Development and other will put up for sale on Saturday, sources, until 7:00 last night has accumulated at least 600 votes received, over 0.9 times the registration.Nan Fung Group general manager of the real estate department Chung Chi Lam expect, these flats worth about HKD $3.0 ten billion. HKMA for new tactics to tighten mortgage,Chung Chi Lam said The Visionary have priced up more than 70 percent of the more than HKD $7.0 million units of the unit,mainly for the buyers who wanted to change their units, the first phase of affordability is relatively abundant, and sold more than 1,000 units of the past,there are only buyers of a unit have chosen second mortgages,it is believed that the prices will be stable development. He added that part of the price of the residential project alone have price increases, the rate of about 3%, while there are 18 speical units will be launched out for sale soon.
The Nova announced to put up the extra 30 units for sale
The Nova in Sai Ying Pun which developed by China Overseas in cooperation with URA also announced to put up the extra 30 units for sale,according to the price list, the 30 units with the salable area of 387 square feet to 855 square feet, priced at HKD $8.764 million to HKD $2.056 ten million and will be on sale this Saturday.
