Hong Kong's Wen Wei Po News (Reporter Leung Yuk Cum,Chan Choi Ching)Three new properties including Park Signature in Yuen Long,Hiu Pak in Sham Shui Po and The Rise in Tsuen Wan were expected to launch out on market shortly,these three new properties sales will provide over 2,000 partners.However,the U.S. Fed is considering changing the policy guidelines for delisting,so the market concerns about it will trigger the rise of the interest earlier,coupled with 3D spicy tax,the industry estimates that as for the sale of the new properties,the pricing trend is still conservative,it was expected that the prices of the mansions will fall 10 percents in the coming year,and as for small and medium residential properties will remain stable. Among of all,the New World has said the Park Signature will be launch out the sale at the market price.As for the hot sale of Bayview in To Kwa Wan which recorded previously,Kerry have increased the prices of sale and launch out the rest of the unsold units yesterday.
There are nearly four months since the implementation of Primary residential sales of new cases on April 29,the developers have started to
adapt to the new legislation,the sale keep on speeding up,there has been 26 new properties or unsold units have uploaded the sales brochures so far,of which 18 properties have been published the price list.ASI executive director Kwan Po Lam yesterday expected that the price of luxury properties in the coming year will fall about 10%,but as for the actual market demand is still there,also the mortgage interest rates remained low,so the medium and residential property prices were expected to remain stable.
Park Signature will open the demonstration units tomorrow
New World Sales and Marketing Director Yeung Man said yesterday,Park Signature in Yuen Long may offer an estimated market price within a day,it was expected to put out the sale at the market price,and the demonstration units which located in Discovery Park,Tsuen Wan will open to the public tomorrow.Park Signature by the nine blocks and 22-storey,will provide 1,620 residential units,the standard unit types including open and a four-bedroom designs,utility area from 272 feet to 1,386 feet,the occupation was expected at the end of December next year.
As for the New World's other new property sales,Yeung Man pointed out that sales quite good,do not feel sales pressure,tired of its sale in
Yuen Long The Reach has about 175 partners,cash in more than $9.0 billion HKD; Shatin Riverpark also sold 13 partners,cashed in over 2.0
billion HKD;The Reach have sold over 300 partners after the re-launch of new legislation.
He said there are four new properties sales of the New World have the opportunity to launch out on the market in the second half of year,including the project which cooperate with Wheelock The Austion at Austin Station,the project of Tong Yan San Tsuen Bo Luan,Double Cove and Hung Shui Kiu.
Hiu Pak will upload the sales broche within this month
Henderson Land Sales General Manager Lam Dak Man said its 51 Boundary Street,Kowloon Hiu Pak plans to launch the sale in September,sales
brochures was expected to launch on the internet in the future weeks,then will immediately open the demonstration units which located in Miramar Shopping Centre in Tsim Sha Tsui.This property offers 59 partners,Useful area from 437 feet to 1,294 feet.Hiu Pak is the first new property which launch after the implementation of the new legislation,he said,this new property unit is to meet the demand of
small household buyers rather than investors,so he have have confidence on its sales.As Sister property Hiu Pak.Yu.Royal will be the next project to release,the flagship unit of 1,000 feet or larger.
He also believes that the government needs fine-tuning on spicy strokes,there are still investor insist on the market,leading the healthy development of the property market,3D tax system can be individually relax efforts.
Bayview increased the price and launch out the unsold units
Another developer,Kerry Property Agent Marketing Director Ng Mei Shan said yesterday that Bayview in To Kwa Wan increased the price and launch out the last five partner out on the market,including two very high-level characteristics of households connected renovated,practical
ft $26,559 HKD,of which Flat A,48/F,households with roof,pricing at $3.86 ten million HKD,ft $29,992 HKD.The other three partners standard
household trimming prices 1-2 percent,with an average price of $18,698 HKD practical feet.Featured projects will open the demonstration units
to the public to visit from today,she noted that the property sale has sold 167 partners,cashed in about $1.8 to %1.9 ten billion HKD.
One WanChai discount on discount extended two weeks
In addition, Chinese Estates at One Wan Chai yesterday for the 60 days that is disguised discount on sale of 10% and 120 days for payment according to the price being reduced by 10% discount payment period from 25 August to extend two weeks to September 8.According to the price list shows that buyers choose ie 60 days or 120 days for payment method on September 8 signed the provisional agreement are eligible for this payment discount.
