SHKP additionally launches155 units. The discount maintains at 18%.
The Sales of Wetland Seasons Park Phase 2 in Tin Shui Wai was hot last Saturday. Developer SHKP additionally launched 155 units yesterday, and about 30% of the units have slight price increases by 1-2%. At the same time, the developer revised the price list and increased some pending units' prices by about 3-4%. It also implemented to put on sale the second round of 298 units this Saturday, with the discounted lowest price at HKD3.98 million.
Journalist Leong Yuet Kam, Lai ChiTin
Wo Chi-Yuen, the Acting General Manager of SHKP, expresses that Wetland Seasons Park Phase 2 additionally launched 155 units in 346-12.37 sq ft yesterday. The units are in layouts of one-bedroom to four-bedroom. The highest discount maintains at 18%, and the discounted average sq ft price is HKD12,783. Most of the units are additionally launched at original prices. About 30% (42 units) are featured units, with a slight price increase of 1-2%. The discounted prices are HKD4.716-16.956 million, and the discounted sq ft prices are HKD10,842-15,670. The project also revised the price list synchronously, raising the prices of some pending units by about 3-4%.
SHKP: Buyers can buy up to 4 units.
The project also implemented to sell the second round of 298 units this Saturday. Wo Chi-Yuen points out that the discounted prices are HKD3.98-16.95 million, and the application will close tomorrow. The applications in Group A last week will be automatically invalidated, and the applications in Group B will automatically take effect if the buyer hadn't chosen a house. Wo Chi-Yuen says that there will be houses selection for only one group this Saturday to ensure enough time in choosing, while buyers can buy 1 to 4 units, and buyers are limited to immediate family members. The market value of this batch of units exceeds HKD2.2 billion, and the discounted market value exceeds HKD1.8 billion.
Campton collects applications in an over-subscription of more than 45 times.
On the other hand, Vanke Hong Kong's The Campton in Cheung Sha Wan put on sale the first round of 188 units today, receiving 8,699 applications, an over-subscription of more than 45 times.
Centaline Mortgage and mReferral Mortgage provide two mortgage options for this project. The whole period interest rate of " Housing Low-Interest Rate H Mortgage" is low to H+1.26%, less than the market general H+1.3% to H+1.4%. The upper limit interest rate is as low as P-2.75% (current is 2.5%), and there is a cash rebate of up to 1.3%. Another is "High Percentage Mortgage Immediate Payment Plan," the mortgage percentage of which is up to 80% ( Buyers of properties at of under HKD8.33 million can apply for a mortgage in 80%). The whole period interest rate is as low as P-2.6%, and the maximum period is 30 years, with the rebate up to 0.5%.
The sq ft price in Dukes Place is HKD78,000, a new high.
For the first-hand property trading, Dukes Place, a project developed by Couture Homes, etc., in Jardine's Lookout, just sold Room A on the 16th floor by tender, including two parking spaces. The price is about HKD222 million, and the sq ft price is HKD78,000 base on the area of 2,848 sq ft. Both sale price and sq ft price are the new highs in the project, and the sq ft price has also set a new record for first-hand stratified properties in Hong Kong this year.
Fang Man-Pun, the Executive Director of CSI Properties Limited, said earlier that the first-hand property market sentiment has been positive in the past. It reflects that the property market has accumulated a certain amount of purchasing power, and the market conditions have gradually rebounded. The same is true of the super-luxury property market. It is not ruled out that there would be a price increase for units to be launched later. The project provides 16 stratified units with areas of about 2,800 sq ft to more than 6,800 sq ft. According to data, the project has sold 5 units through bidding, cashing in more than HKD1 billion. In May, 3 transactions have been recorded.
Besides, Henderson's Double Cove Grandview in Ma On Shan sold a compound apartment Room A on the ground floor to the first floor of Block 6 for HKD41.67 million, including two parking spaces. It is 2,600 sq ft and has a 903 sq ft garden, with the sq ft price at HKD16,027. A same series project, The Addition in Cheung Sha Wan, sold Room H on the 29th floor for HKD5.573 million, and the area is 226 sq ft, with the sq ft price at HKD24,661.
