2024-05-03 28Hse Editor
(Leung Yuet-kam) The New Territories car market continues to be in demand, said Liu Hon-wai, executive director and head of sales and marketing at Star Properties, yesterday, adding that since the close of ballot last Friday, nearly 700 ballots had been received by 8pm the previous night for the first two price lists of 116 units. He said that the sales arrangements for the project would be announced today, and the first round of sales would be held this Saturday at the earliest. 116 units are planned to be put up for sale, and each buyer can buy up to 4 units.
Both mReferral Mortgage and Centaline Mortgage are offering mortgage concessions for the project. According to Cheung Yee-hei, director of operations at mReferral Mortgage Brokerage Services, the bank is offering buyers a mortgage of up to 90 per cent of the property price, with a mortgage rate as low as H plus 1.3 per cent for the full term and a rebate of up to 2.3 per cent, as well as a high savings account with a maximum repayment term of up to 30 years.
MONACO MARINE sells 115 units on Friday
MONACO MARINE at Kai Tak, a subsidiary of Wheelock Properties, has recorded four transactions in March, including the sale of the skyline special unit (Unit A on the 38th floor of Block 1B), at a break-even price. 115 units, including 90 high-rise units and 25 low-rise units, will be offered for sale this Friday, of which 111 units will be offered on a price list basis at a discounted price of HK$8.34 million to HK$18.73 million, or an average price of HK$25.743 per square foot. The remaining 4 units will be sold by tender.
Centaline gives away travel vouchers for The Vertex buyers
On the other hand, Andrew Ma Suen-yee, partner at VMS Group, said that since the sale of the building in Cheung Sha Wan, The Vertex has sold 47 units, cashing in about HK$470 million. In the future, it will be arranged according to market conditions. Louis Chan Wing-kit, vice chairman and chief executive (Residential) of Centaline’s Asia Pacific department, said that from now until March 31, the first three buyers of selected units through Centaline would each receive a HK$18,000 travel coupon for two.
21 BORRETT ROAD records another transaction
The sale of 21 BORRETT ROAD, 21 Borrett Road, Mid-Levels, sold by CK Asset to a fund managed by Singapore-based wealth manager Sino Suisse Capital , resulted in another transaction yesterday, with a 2,316 square-foot four-bedroom double unit with storage space on the 11th floor of Phase 1, Unit 7. It was sold by tender for HK$162.8 million with two car parking spaces at HK$70,294 per square foot. Together with the above transactions, the project has sold four units in about five months, generating some HK$590 million.
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