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Wei Feng launched 50 units on sale,discounts up to 21 %,Park-Metropolitan sold a new batch of 23 units,cashed in $1.8 billion HKD

Squarefoot Editor  2013-11-06  #Tips For Transaction
Hong Kong's Wen Wei Po News ( Reporter Leung Yuk Cum ) New properties take advantage of hot sales and start competing. Wei Feng of Henderson Land in No.3 Gordon Road,North Point launched out the first price list at 10pm last night,the first batch of 50 units,with an average price of $27,337 per sq.ft,the developers provided discounts upto 21%,so the price of $21,596 HKD per real ft.These discounts included attracting prospective buyers,the first three buyers who bought 2 units in one day can received an additional of 1% discount,ie usable area 284 feet for discounted admission fee of $5.2693 million HKD.Park Metropolitan,Sino Land which cooperated with the URA 's project have launched out the new batch of 38 units yesterday morning,sold 22 units within an hour,and sold a total of 23 units in one day,cashed in $1.8 billion HKD,accounted 60% of the sale.The developers increased the price and launched the extra 50 units last night,discounted price of $13,586 per sq.ft,salable area of ​​457 sq.ft. unit admission fee of $5.4743 million HKD.As for The Austin the new batch of 88 units which will launch out tomorrow have cut the votes last night,the news said the property have tired received over a thousand votes,10.4 times over- registrations. Henderson Land Sales ( two ),general manager Hon Ka Fai said the group's Wei Feng which located in No.3 Gordon Road,North Point,the price of it is refer to the new properties of HK Island,the project have 28 Floor,a total of 119 units,an area of ​​280 to 883 feet ;a management fee per room approximately $1,200 per month,2 bedrooms $1,800 per month,it is expected that it will be completed in May,2015.The demonstration units are located in 31/F of IFC period 1,there are units with decoration and a units with handover standard respectively,as flat E,28/F for example,486 feet of usable area,2-bedrooms unit,will open to the public to visit within this week.He pointed out that the market have a lot of new property sales launched out,but the source of buyers and the district is different from SHKP Imperial Kennedy,so do not worry about the sale of Wei Feng will be affected or attract any competitions. Park-Metropolitan launched out the extra 50 units in an original price Sino Land Co- director Tin Siu Yuen said yesterday Park-Metropolitan have balloting to choose flats at 11:00 am yesterday morning,there are a total of 30 tables buyers attended,Kwun Tong accounted 40%,and there are some buyers come from Kowloon.In the first hour have tired sold 22 units,cashed in $1.7 billion HKD,and sold a total of 23 units in one day,after discounted,the price of about $13,365 HKD per sq ft,with an average price of about $7.944 million HKD per unit.The most expansive unit located in Flat E,35/F,after reduced the discounts of 18%,the transaction price of $1.34865 ten million HKD,an average price of $15,848 HKD per sq.ft,a salable area of ​​851 feet. the Austin received more than a thousand votes Most of the buyers are using 90% for payment,all buyers with private capacity,there are two brother have spent $1.5 ten million HKD buyer Flat C and D of Middle Floor.There are also investor who bought a unit of 2-bedrooms last friday,and then bought another unit of 2-bedroom unit yesterday,which involved in a total of $1.5 ten million HKD ;while a unit for own-use and the another one for investment.Also,there are 15% (approximately 3-4) are mainland buyers,among of all,there are a mainland buyer who bought a unit of 2 bedrooms for his daughter's study-use.The new batch of units which launched out yesterday,the small units which have a view of Yu Wah Street were most welcomed by buyers,and the units which involved over a ten million HKD which have a view of Hip Wo Street,the sale is relatively slow. The buyers were optimistic about the future development of Kwun Tong Tin Siu Yuen said the project have tired sold 96 units since the sale have opened,cashed in over $7.0 billion HKD,and most of the units which have sold out are 2-bedrooms units,buyers are for home-use mainly,also almost all of them are living in the same district,purchased the units is because of optimistic about the future development of Kwun Tong.The first forth price list of the single bedroom units of the project have all sold out,leaving only a few of 2-bedrooms units. As for other new properties,the Western Imperial Kennedy which will launch on Friday have tired received nearly 110 votes until last night,as the first batch of 20 units for example,4.5 times over registration,the developers have announced the latest sale arrangements,the sale time will change from 3:00pm to 4:00 pm on this Friday.As for the sale of Tai Kok Tsui The Long Beach which will launch out the new batch of 60 units on sale Saturday,have tired received 350 votes until yesterday,registered over 4.8 times.The news also refer that Altitude in Happy Valley sold one unit yesterday,which located in Flat C,35/F,priced at $4.35176 ten million HKD;Yuen Long Park Signature sold 2 units.
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