28Hse-Hong Kong Property
Hong Kong Property Market - Yr.2020 Aug: Average price per sq feet $11577 2.4%   (last month:$11862)
Home  - News
News and article search:
   Previous News: (YYYYMMDD)
Property News
Property News(Eng)
New Homes
HK Gov.policy
Trend
Transactions
Mortgage
Auction
Artists
Commercial
Land news
Promotion
Oversea Property
New Homes
Price info.
Promotion
Photo gallery
Living in Hong Kong
Districts
Expert Blog
Wed Property Focus
ToKuHon
Ownfirstflat
Manywells
MReferral
18 Property
Mr. Poon
Frankie K.S. Wong
KongKaiOn
News content

OMA Additional Launches Flats at Original Prices and Will Put on Sale 124 Units on Sunday.

Image Caption
2019-07-18-(Thu)
【28Hse.com】  
Hong Kong Wen Wei Po (By Leong Yuet Kam)

Small and cheap flats are popular, but there was mark up last week, dragging down the trading, while OMA OM in So Kwun Wat, Tuen Mun additional launched 50 units at original prices yesterday, including open style to two-bedroom, which are all less than HKD6 million.

Flat of Eugene Terrace was sold by bidding with price cut of 30%.

Wing Tai’s OMA OMA in So Kwun Wat, Tuen Mun additional launched 50 units at original price, including open style to two-bedroom units in usable area of ​​276-458 sq ft, also there are one-bedroom with storage room that firstly being launched and the final 9 units of open style. All flats are under HKD6 million, from HKD4.064 million to HKD5.948 million, with the average usable area sq ft price at HKD13,359. The cheapest unit is Room C on the 9th Floor of Block 1B, in layout of open style, and the sale price is HKD4.064 million with the sq ft price at HKD14,725. The project will put on sale 124 units on Sunday, with 27 of them being tendered for sale.

On the other hand, under the influence of the first hand property vacant tax legislation, Eugene Terrace in Ho Man Tin first pricing of which was announced by KwongMan Investment in September 2013 relaunched flat on the 6th floor by bidding a few days ago, and it was confirmed to be sold at HKD18.48 million the other day, with the sq ft price at HKD18,819, besides this flat is in usable area of 982 sq ft. According to the data, this flat had been priced at HKD26.09344 million in price list at the beginning of May 2016, without any discount or rebate, in other words, the transaction price this time was less over HKD7.61 million, a decrease of about 29%.

The sales of other ready luxury houses are also accelerated. Mount Nicholson phase I in the Peak developed by The Wharf Limited and Nan Fung launched No. 12 and 20 villas by bidding yesterday, which will be closed on July 25th, and the No. 12 villa is in usable area of 7,042 sq ft joining with garden in 2,715 sq ft, while No.20 villa is in usable area of 8,093 sq ft joining with garden in 2,889 sq ft and platform in 162 sq ft.

SHKP's The Cullinan in Kowloon Station also launched tender for the 86A in Block 20, Zone 1, from July 21 to September 30, and it is in usable area of 1,481 sq ft.

The brochure of Villa in Tai Tam Road was uploaded.

The brochure of Tai Tam Road 45 developed by National Electronics and etc. was uploaded yesterday, and this project has 7 villas from No.1-8 without No.4 in usable areas of 4,751-4,848 sq ft joining gardens of 841-1,289 sq ft, also each villa has elevator to reach each floor; The underground floor is mainly area for hall and kitchen, while the 1st and 2nd floor area for bedrooms. All villas have their own private outdoor pool.

According to data, cctv cameras are installed in the underground parking lot, elevators and gardens, and the front door is equipped with magnetic induction anti-theft, also all windows are equipped with magnetic induction anti-theft, with emergency button is installed in the master room. The kitchen is also equipped with video walkie-talkie.
Translated by 28Hse.com . All right reserved.