New developments to sell at discounted prices before interest rate hike

28Hse Editor  2023-09-13  #New Properties

(Leung Yuet-kam) After Hong Kong’s two major banks raised interest rates for new mortgage loans, developers increased discounts in a rush to sell new homes. Helen Fung, director of sales at Chinachem Group, said yesterday that the price list for In One at Ho Man Tin was updated. The developer also added new stage payment plan, which provides a discount of up to 14%. Buyers of In One unit from this Saturday to October 8 will receive MTR shopping vouchers ranging from HK$18,000 to HK$38,000 per unit. 

In One adds 2% discount and gives away shopping coupons 


In One has sold 429 units, accounting for about 80% of the units available. With 81 units remaining, prices start from about HK$8 million. As for the Victoria Coast in Pok Fu Lam, Fung said the sales brochure and show flats would be open to the general public from this week, with tenders and sales within the month. 

The Coast Line gives away 88,000 gift coupons 


CK Asset’s The Coast Line development also added new discounts to attract homebuyers. Those who purchase units in the price list starting this Saturday will receive a HK$88,000 Fortress electrical appliances shopping voucher. Moreover, starting from this Saturday, every group of guests who visit The Coast Line’s show flats on the second floor of Metro Harbour View Plaza will receive a box of mooncakes. 

Henderson Land project increases flat prices 


Henderson Land updated the price list of One Innovale Cabanna yesterday, raising the price of two units by 2%. The two units included unit 7 on the ninth floor of Block D, measuring 339 square feet in size, which was adjusted to HK$5.27 million, and unit 5 on the 15th floor of Block E, measuring 186 square feet in size, which was adjusted to HK$3.12 million. This Saturday, five units will be put up for sale, including the two aforementioned units. 

Disclaimer: All wordings and pictures which indicated 28HSE editor are the copyright of 28HSE LIMITED. Acknowledgement is required if other parts of this publication are used. The content is for reference only, does not constitute investment advice and it does not mean that 28HSE agreed the points. The area which show in the article is salable area if there is no special circumstances. The pictures is for reference also.

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