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Hong Kong Property Market - Yr.2020 Aug: Average price per sq feet $11577 2.4%   (last month:$11862)
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MARINI Additionally Launches Again; 500 Units Will Be Put On Sale on Friday.

Image Caption
Hong Kong Wen Wei Po (By Leong Yuet Kam)

The application for LOHAS Park MARINI developed by Wheelock and MTR has been ideal, and source pointed out that until last night they had collected over 5,000 cases, an over-subscription of above 12 times, besides most applicants are users and interest in sea view units, which accelerates the pace of buyer entering the market. Developer additionally launched 110 units at original price last night and confirmed to put on sale 500 units on Friday, and large customers in group A with each quota can buy 2 to 4 units, one of which is a selected specially unit, and the individual customers in group B can buy 2 units of the most.

Last night, MARINI additionally launched110 units in usable areas of ​​357-770 sq ft at prices of HKD7.049-17.295 million, with the average sq ft price at HKD21,078, and the discounted prices are HKD5.534-13.577 million, with the discounted average sq ft price at HKD16,548 after deducting the highest 21.5% discount.

In addition, SHKP’s St Barths sold room C on the 3rd floor of block 3 in Sandalwood Court by bidding yesterday at HKD18.2414 million, and the sq ft price is HKD18,844 base on the usable area in 968 sq ft. According to the transaction record book, the buyer can get a rebate of 2.975% of the transaction price, involving more than HKD540,000, that is, the actual selling price is HKD17.699 million, with the sq ft price at HKD18,283. The first four price lists include a total of 500 units at discounted average sq ft price of HKD15,895, and it is expected to take in about HKD5 billion with discounted prices at HKD3.9 billion, calculating base on the prices on lists.

Billion’s The Horizon in Pak Shek Kok, Tai Po which had been put on sale by bidding yesterday sold the feature flat room E on the 17th floor of block 2 in Court C by bidding, and it is a two-bedroom unit in usable area of 599 sq ft joining a platform of 681 sq ft, with the transaction price at HKD9.647 million and the sq ft price at HKD16,105.
Translated by 28Hse.com . All right reserved.