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Trinity Towers Received 1600 Applications for Its Second Batch of 93 Units.

Squarefoot Editor  2014-04-04  #Tips For Transaction
(By Liang Yueqin) The application for the second batch of 93 units from Trinity Towers in Cheung Sha Wan closed at last 9 pm. Source told, more than 1,600 cases had been received, exceeding 16.2 times than the quota, and these units will be immediately put on sale after draw lots at this 7 pm to decide the house choosing order. As for the first batch of 30 units of COHO in Causeway Bay which will be put on sale at 6 pm today, the application will be closed at 4 pm this day, and source pointed about only 7 applications had been received until last night. The lowest price for three rooms unit among these 93 units is HKD 6.889 million, with discounted cash payment lowest price at HKD 6.08 million, which is lower than of the three rooms unit in first batch because of location; And the discounted lowest price for one room unit is nearly HKD 4 million, expressed by He Jiaxin, the Senior Sales Manager of Cheung Kong. She said, the data of the additional launched units will be public on weekend at the soonest. The prices of the units being put on sale tonight are from HKD 4.524 million to HKD 9.637 million, with average sq ft price at HKD 11,697, and the privilege will also be 11.75% at the most. Among the buyers of Trinity Towers' first batch launched on last weekend, the ratio of customers from New Territories increased, especially house changing purchasers from New Territories West, which shows down town new planning residential property also popular with house changing customers from other districts, said by Lin Weiwen, the West Kowloon Senior Sale Director of Centaline Property. And there are many customers focus to first batch applied for units in second batch. COHO which will be put on sale today does not received enough applications. About the first 30 units of COHO which will be put on sale tonight, there are 28 standard units and 2 feature units in layout of one room with terrace, of which the sale prices are from HKD 8.578 million to HKD 12.469 million, with usable area sq ft prices from HKD 27,060 to HKD 39,710. Developer supplies four payment methods. Private name and company name buyer who choose cash payment in 180 days will respectively enjoy discount in 8.75% and 18.75% of the sale price. Besides, private name buyer can have 7.5% discount for stamp duty allowance and Soundwill Club member gains 2.5% discount, with total privilege in 18.75% at the most. The three superior buildings of Riva in Yuen Long which will be put on sale this morning have 24 units. Source pointed, there was no situation like last Friday that one customer bought 24 units, but it just focused by individual customers, and the units being put on sale are 8 units of building 2 in Enna Boulevard, 8 units of building 3 in Enna Boulevard and 8 units of building 2 in Ferentino Boulevard. Winfield Building sold 3 units taking in more than HKD 150 million. About other new projects, Winfield Building in Happy Valley sold 3 units, which are room 1310 in building A, of which the usable area is 2,006 sq ft and the discounted price at HKD 55.73 million, room 1302 in building A, of which the usable area also is 2,006 sq ft and the discounted price at HKD 58.58 million, and room 1301 in building B, of which the usable area is 1,567 sq ft and the discounted price at HKD 41.168 million. MOUNT PARKER RESIDENCES in Quarry Bay sold 1 unit, which is room A in 5th floor.
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