Hong Kong's Wen Wei Po (Reporter Leung Yuk Cum)The developers to send promotions which sale in disguise in order to speed up the new residential project sales,induce the purchasing power,so it have cause the hot trend of entering the votes of new residential projects.The first batch 192 units of The Wings IIIA in Tseung Kwan O,48 units of The Harbourside in Kowloon station and the first batch 38 units of High One Grand in Cheung Sha Wan have stopped receiving votes last night,market sources pointed out that over-registration of three residential projects were 27.6 times, 86.5 times and 1.63 times respectively.
The Wings have received more than 5500 votes
Sources,The Wings IIIA have received about 1,000 votes in a single day registration yesterday,tired collection of more than 5,500 votes, 7.6 times over registrations.SHKP Deputy Managing Director Lui Ting yesterday said the Wings IIIA have limited the number of days into the vote and each of flat buyers requirements,have reduced the number of votes moisture.The Wings IIIA will sell the 192 units tomorrow,the units with 1 to 2-bedrooms interval priced at HKD $ 7.5 million and below accounted for 62 units,of which one room units with salable area of 355 feet to 366 feet, priced from HKD $4.921 million to HKD $5.299 million,the developers to provide at least 10.88% discount, the discounted entrance fee of about HKD $4.38 million,as for the two-berooms units with the salable area of 541 feet, priced from HKD $6.554 million to HKD $ 7.243 million,the discounted admission fee of HKD $5.84 million. In addition, 3 room households accounted for 130 units, of which a large area of three rooms Wings Extreme accounted for 12 units,with the salable area 964 feet, priced at HKD $1.2882 ten million and HKD $1.3463 ten million, included developers to provide at least 11.68% discount,discounted Admission fee of HKD $1.1377 ten million. The salable area of fine area of 30,000 households from room 846 feet to 856 feet, priced from HKD $1.078 ten million to HKD $1.2395 tem million, discounted entrance fee of about HKD $9.52 million.
Hang Lung also re-launch the 48 units of The Harbourside tomorrow,since the developer does not have the ticket limit per passenger,per ticket can only buy one unit,with this batch of units of up to 33.5% discount to attract a lot of big hands enter the ticket Sources said yesterday there are big hands off once the 20 votes and 30 votes,whih cause the second batch of units tired eventually received about 4,200 votes,recorded 86.5 times over-registrations.
38 units of High One Grand have received over a hundred votes
As for Henderson Land have put the first batch of 38 units of High One Grand in Cheung Sha Wan for sale tonight,sources, tired collection of more than 100 votes,all of this batch of units located in Flat C and D,with a room and two rooms interval,with the salable area of 295 feet to 513 feet, priced from HKD $4.389 million to HKD $8.181 million,the price per square foot of HKD $12,910 to HKD $ 17,668. Developers to provide that payment for 80 days turnover was 5% discount for the 150 days that the payment transaction was 4% discount, and a 6% stamp duty on the contract price as a cash rebate.
The residential project in High Street which developed by Wheelock Properties have uploaded the sale brochure
In addition, Wheelock Properties yesterday also uploaded 98 High Street, Sai Ying Pun project KENSINGTON HILL's sales brochure,this housing estate offers 75 units,sell the units with two rooms and three rooms interval mainly,the standard unit of salable area of 532-865 feet, two special units with 1,114 to 1,053 feet of usable area, two duplex households with the salable area of 2,047 to 2,277 feet, this residential project is expected to be occupation in December 2016.
The residential project in Western District which developed by The New World have cut the concessions
On the other hand, based on the end of the WIL completed,along projects have been into the market,the New World in the West Central South of EIGHT SOUTH LANE yesterday updated price lists 2B,cancel 7.5% of the remaining Flat C units '100% ad valorem stamp duty allowance' rebate.
The price list will take effect next Monday.This residential project has sold 40 units so far,with an average price of HKD $20,135 per sq.ft,cashed in of more than HKD $2.5 billion.
The market is passing the news of supermodel to buy a unit of ARGENTA which involved in over a billion dollars
According to Land Registry data show that the unit located in 38th floor of ARGENTA,No.63 West Seymour Road,the West of Mid-Level which developed by Swire Properties,with 2182 feet of salable area and even with parking spaces transacted with the price of HKD $9.13257 ten million,the price per practical ft of HKD $41,854.Registered buyer was LIEU MANDY,have the same english name with the local supermodel Lau Bak Lai.
