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The Wings 2 increasing price to additional launched 39 units.

Squarefoot Editor  2013-01-11  25 #Tips For Transaction
The Wings 2 in Tseung Kwan which sold good increasing price to additional launched 39 units in 4 rooms layout yesterday. The average cover area sq ft price of the first 38 units is HKD 11,108 (including one parking place) which higher 1% than the last batch’s. The average usable area sq ft price is HKD 13,330. They additional launched 1 top floor unit connecting with terrace and platform later. The cover area sq ft price of it is HKD 18,000( including 2 parking places) and the usable area sq ft price is HKD 22,492. House selection will be on Sunday (January, 13th). Room A, 32nd floor, building 3B which is additional launched unit in top floor connecting with terrace and platform in cover area of 1,462 sq ft. The usable area of it is 1,170 sq ft. The terrace area is 275 sq ft and the platform area is 368 sq ft. It sales at HKD 26.316 million. The cover area sq ft price is HKD 18,000 and the usable area sq ft price is HKD 22,492. It only accept construction period payment at 25% of the property price before occupation. Imperial Cullinan sold matching parking places taking HKD 100 million cash in. In addition, Sun Hung Kai sold the matching parking places to owners of Imperial Cullinan in Tai Kok Tsui last night. The selection was by draw lots. Each unit only can buy one parking place. The sale price of each parking place was nearly HKD 2 million. All sold out last nigh and about HKD 100 million cased in. Upper West in Fuk Chak St, Tai Kok Tsui developed by Kowloon Development will make an appointment to meet property agents next week. Since this project is old land deed project and can be launched anytime. So it is believed that it will possible be put on sale next weekend at the soonest or before the end of this month. Developer expressed earlier, the price of this project will refer to the second hand property price in Olympic Station which is between HKD 13,000 and HKD 15,000. The admission for 1 room unit about more than 300 sq ft will above HKD 4 million. The market value of the total project is about HKD 1 billion. As for other new projects, High Place in Kowloon City developed by Henderson sold 2 units yesterday. It has accumulative sold 24 units. The Reach in Yuen Long which in same series sold 1 unit. The Riverpark in Sha Tin developed by New World sold 2 units. Hong Kong customer spent HKD 42 million to buy 2 units of “ Ying Long Mansion” Market source told, Providence Peak in Tai Po developed by Sion etc. sold 4 units yesterday. Thereinto, one Hong Kong customer spent more than HKD 42 million to buy 2 units of “ Long Mansion” which in 4 rooms layout. The project still has 3 units of “ Ying Long Mansion” which in 4 rooms two suites layout left. Tian Zhao-yuan, the associate director of Sino’s sale department expressed, Providence Peak has sold 410 unit since June last year when it being put on sale. It cashed in more than HKD 5 billion.
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