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Lei Chau string shore suddenly stop the first round of sales
Lei Chau string shore suddenly stop the first round of sales Hong Kong
By   Wen Wei Po 
  • City News
  • New properties
  • new properties for sale
  • property sales
Abstract: New developments at low prices work as HENLEY PARK and Ming Jun deploy for additional sales.

Recently, four new urban developments are competing for sale, including the launch of Johns China to discount the average price of $26,862 per square foot, the first round of 25 units originally scheduled for sale today, open discounted admission of $5.319 million, the market is rumored to receive nearly 100 votes, but the developer announced last night at 7:33 p.m. to suspend today's sale arrangements, the developer did not announce the reason for the suspension of the sale.

 

The market is rumored to be due to a large number of customers to purchase thus suspending sales, but also refers to the impact of other urban new disc low price to grab customers and called a halt. On the other hand, the low opening to grab customers of Henderson Land's Kai Tak HENLEY PARK and Goodman Group's Ma Tau Kok Ming Jun is deployed to increase sales, the earliest early next month.

 

In fact, the recent urban new property opening price a wave lower than a wave, have to "price fine" to attract customers. Last Tuesday, Johns China launched 50 units at a discounted average price of 26,862 square feet at Ap Lei Chau Strand, which is a discounted market price opening, with a discounted open admission of 205 square feet at $5.319 million; a week later, Shaukiwan Aloha, a subsidiary of Hip Shing Hong, announced on Tuesday that it will launch 50 units at a discounted average price of 23,042 square feet, with a discounted open admission of 221 square feet at only $4.788 million.

 

The two new developments in Kowloon are opening at a price close to $20,000, with the discounted average price of $18,526 for Ming Jun in Ma Tau Kok, a new development in the same district four years ago, and a 231-square-foot open-plan unit at a discounted price of $3,785,600.

 

Henderson Land's Kai Tak HENLEY PARK the first batch of 148 units, the average discounted price of $21,088, not only flat over the same series a year ago opening price of more than 10%, 250 square feet of open-plan discounted admission of $5.18 million, but also the same area in the past six years the most flat admission fee new properties. In contrast, the string bank regardless of the size of the price and admission fees are more expensive than other urban new developments during the same period, since last Tuesday's ticket collection, the response is general.

 

However, other low opening of new properties because of the initial response is satisfactory, are deployed to increase the push. Henderson property agency business (a) general manager Lin Damian said, Kai Tak HENLEY PARK in this Wednesday after the announcement of the first price of 148 units, the day before yesterday, the first opening of the existing building demonstration units recorded more than 8,000 visitors, the plate in today's ticket collection, the fastest today to push about 70 to 80 units, covering one and two rooms, and focus on low-seat units, the push is expected to have room for price increases, the earliest early next week to announce sales Arrangements. As for the project low block with garden features planned to be put up for sale by tender, the intention of the foot price of more than 30,000 yuan.

 Lei Chau string shore suddenly stop the first round of sales

On the other hand, the general manager of sales and marketing of Goodminton Group, Ms. Fung Sin Ping, said that after the announcement of the first price list of 30 units in Ma Tau Kok Ming Jun on Wednesday, about 60 votes have been received so far, over-registered 1 times, half of which are customers in the area, there is an opportunity to push additional units within the day, the pricing has room for adjustment, the project is expected to announce the sales arrangements next week, the deployment of early July sales.

 

The project is expected to announce the sales arrangement next week, and will be launched at the beginning of July. 10 open-plan units with a practical area of 160 to 228 square feet will be put on sale next Thursday, including 1 unit with rooftop features, with a practical area of 228 square feet and 104 square feet of rooftop, at a discounted price of $6,564,600, or $28,792 per square foot.

 

Star Property Chairman and Chief Executive Officer Chan Man-fai said that the cumulative sale of 159 units in Yuen Long after the rain, the average transaction price of about $15,000 per square foot, cashing in more than $940 million, the project is expected to be approved by the end of this month to early July satisfaction paper, intends to put up for sale in the form of existing buildings in the middle and end of next month.

 

Star Real Estate Sales and Promotion Managing Director Liao Hanwei pointed out that the project announced last week with the "loft experts Loft Master HK" to provide privileges for five designated open-plan buyers, the remaining four units are now available for sale. From now until the end of July, the first six buyers who purchase through Midland Realty will receive a "four-way" rail transportation discount home purchase gift, each worth about $11,000 monthly transportation pass discount, a total of six places, the total value of the discount is about $66,000.

 

The director of marketing planning of Zhongzhou Real Estate, Mr. Yang Cong Yong, pointed out that the government has approved the paper of satisfaction for StarCorp - Embankment in Fo Tan, and buyers will be notified one after another that they can arrange to take possession of the property, which is expected to restart a new round of sales deployment in July at the earliest.

 

He continued to point out that since the opening of the existing building, StarCorp - Embankment has sold 30 units quickly, cashing in more than 450 million yuan, the average price of $ 22,528 per square foot.

 

The project has sold a total of 899 units since its opening, accounting for about 70% of the available units, cashing in more than $9.2 billion at an average price of $20,385 per square foot.

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Lei Chau string shore suddenly stop the first round of sales
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