squarefoot 5平方 Logo

Unlimited QE3 Confirm Sun Hung Kai Properties Launch Luxury House to Make Money

Squarefoot Editor  2012-09-18  122 #Tips For Transaction
( Reporter Yueqin Leung) Federal Reserve Board third round quantitative easing (QE3)create a environment of low interest and high inflation, which attract many strong buyers buying property to keep value especially luxury house are sought after. Shouson Peak in Shouson Hill Road developed by Sun Hung Kai Properties take advantage of a favorable situation and launch for sale in the end of the month at feet price HKD56,800 to HKD80,000; As for No, 12 , Mount Kellett Road in mountaintop plan to on sale in December at starting feet price HKD80,000. Deputy managing director of Sun Hung Kai Properties, Ting Lei said, they plan to launch 2 villa projects this year. The sample flat of Shouson Peak in Shouson Hill Road estimated be open in the end of this month. One 4,400 sq ft unit among sale at intention price include decoration HKD250 millions and with feet price at HKD56,800. The project include 31 villas with cover area between 4,002 sq ft to 7,745 sq ft. There 6 units sold earlier and they plan to sold 4 to 5 units each year at intention feet price HKD56,000 to HKD80,000. Shouson Hill Road project on sale in the end of this month He added, Twelve Peaks in No, 12 , Mount Kellett Road will get the Pre-sold Consent in short term and will be on sale in December and currently they plan to decorate 4 villas. The project supply 12 units villas with cover area 6,300 sq ft to 9,700 sq ft at starting feet price HKD80,000 and estimated finished on 30th September. Ting Lei said, Century Gateway will launch 92 units tonight and will addition launch large unit according to the situation. Flats launched today include 91 units which in 923 sq ft and 3 rooms layout at average feet price about HKD8,300. There also one 4 rooms layout unit in 1,128 sq ft at feet price HKD13,000. It is estimated that these units in stronger tolerance. Besides, The Pierre in Sheugwan developed by Wing Tai Properties, launched 41 units in first batch at feet price HKD22,000 and was start flat Selection and sold out yesterday. According to the news, all the units in first batch were sold out and 19 units were reserved among total 60 units. And there is no lack of big buyers. According to the news, there 5 groups buyers from South District buy more than 3 units. The biggest buyer was a South District buyer who took 4 units include room A, B of 8th floor and room A, B of 9th floor at HKD41,609 millions. The Pierre already launched 68 units with cover area between 420 sq ft to 564 sq ft at HKD9,143,400 to HKD14,326,000 with feet price at HKD20,960 to HKD27,000. Buy 4 units of The Pierre at 41.6 million Business and municipal affairs director of Wing Tai Properties, Xiuxian Chen said, The Pierre addition launch 2 extremely high units last evening include room B of 30th floor in 420 sq ft and room C of 30th floor in 564 sq ft. The feet price make new records up to HKD27,200. Together with the former 3 price list, the project totally launched 70 units and estimated are more than 90% of the project. According to the market news, The Riverpark in Sha Tin developed by New World sold 3 units yesterday at feet price HKD9,408 to HKD11,997. And developer plan to addition launch 4 rooms double suite units in short term. As for Le Chateau in Kowloon Tong developed by Cheung kong , plan to launch this week and already start to collect the potential buyers' data. There news said, 12 units are interested by potential buyers and there are mainland buyers have intention of buying 2 units.
Disclaimer: All wordings and pictures which indicated Squarefoot editor are the copyright of 7 Advertising LIMITED. Acknowledgement is required if other parts of this publication are used. The content is for reference only, does not constitute investment advice and it does not mean that Squarefoot agreed the points. The area which show in the article is salable area if there is no special circumstances. The pictures is for reference also.

Share by Facebook

Share by Whatsapp

Share by email